Houston Estate Planning and Elder Law Attorney Blog
If a couple is thinking that they can sell the long-term care portion of a policy, because their HMO will cover the cost of long-term or skilled nursing care, they need to think again.
All too often, people think that they have found a simple solution to a complicated problem, and then it turns out that it doesn’t work the way they thought it would. To prevent an expensive mistake, speak with an experienced estate planning attorney, before making an expensive mistake.
While there is a market to sell life insurance through what is known as a life settlement, there’s no market for long-term care policies.