For high-net-worth families, protecting wealth isn’t only about growing assets — it’s also about ensuring those assets transfer efficiently to the next generation. At Smart Money Financial , we believe advanced planning can turn traditional insurance tools into powerful estate strategies. One of the most effective (yet often overlooked) solutions combines two proven concepts: an indemnity-based long-term care (LTC) policy  and an Irrevocable Life Insurance Trust (ILIT). When

Caregiving for a loved one is one of life’s most emotionally challenging roles. A new study from Certification for Long-Term Care (CLTC) shows that having long-term care insurance (LTCi) can make a major difference, not only emotionally but financially as well. What the Study Was and Who Conducted It The study is titled “Creating a Path Forward” . It was conducted by researchers from the LeadingAge LTSS Center at UMass Boston, with support from Amada Senior Care and Mutual of

As health care costs continue to rise, long-term care (LTC) planning has become one of the most important financial decisions clients face. Whether it’s home care, assisted living, or skilled nursing, the expenses can quickly erode retirement assets if not properly planned for. Yet with so many LTC solutions now available, clients and advisors alike often struggle to determine the best fit. At Smart Money Financial , we believe LTC funding should be viewed as risk management

As Americans live longer, long-term care (LTC) planning has become a critical part of wealth management. According to The New York Times...