To sign up for more info on the one-of-a-kind annuity that qualifies for this unique tax benefit AND to download a one-page client brochure, click on the following link:
18-Page Asset-Based Long-Term Care White Paper (Advisor-Branded)
If you missed my recent newsletter and want to download this paper, click on the following:
Generating millions in 1035 annuity exchanges
https://advisorshare.com/tax-free-ltc-annuity
https://advisorshare.com/white-paper-ab-ltc
A firm used this strategy over the last 12 months to bring tens of millions in new annuity sales!
We all know the Long-Term Care (LTC) stats:
-69% of people age 65 and older will need some form of LTC, 22% of those turning 65 will need care longer than five years, and about 35% of people who reach age 65 will enter a nursing home at least once in their lifetime.
-The average cost of a private room for a nursing home is in excess of $120,000 a year!
-The average cost of a private room for an assisted living facility is nearly $70,000 a year!
These expense numbers are expected to DOUBLE over the next 20 years.
Most clients DO NOT have LTC insurance (including AB-LTC).
Most clients DO NOT want to allocate funds to buy LTC insurance (if they can qualify).
Many older clients have seasoned Non-Qualified (NQ) annuities (with LARGE taxable gains). Many affluent clients will NEVER use this money. while living.
This strategy is very appealing to such clients because they will LOVE the idea of turning taxable gains into a tax-free benefit for an expense most will incur at some point in time.
3 simple questions to ask clients:
1) Do you have money in NQ annuities?
2) Has the original purpose for those funds changed?
3) Did you know that you can use that money tax-free for LTC needs?
If they answer Yes, Yes, No, you are off to the races and will have an opportunity to 1035 their existing annuity into this unique annuity.
This annuity can also be used for joint lives (married couples) with issue age up to 87.
Branded Client Piece
A great way to get this in front of clients is with a simple but powerful 1-page educational piece. Our team has that piece and can customize it for advisors who want to use it.
Click on the following to indicate your interest in this branded marketing piece:
https://advisorshare.com/tax-free-ltc-annuity
