Why You Should Consider Purchasing Long-Term Care Insurance: As we age, the likelihood of needing long-term care increases, whether that’s in-home care, assisted living, or a skilled nursing facility. The costs of these services are rising, and without long-term care insurance (LTCI), you could face substantial financial burdens. Here are 5 reasons why purchasing LTCI is a smart decision: 1. Long-Term Care is Expensive The costs of long-term care can quickly drain your savings. A skilled nursing facility stay can cost $100,000 or more per year, and in-home care and assisted living are also expensive. LTCI helps cover these costs, protecting... Read More

Planning for future care needs is a top concern as people age. One of the options to help alleviate this concern is to look at products with chronic illness (CI) or long-term care (LTC) coverage. Many products can provide CI or LTC coverage in addition to a death benefit. If you have an existing life insurance policy that no longer meets your needs, consider using a 1035 exchange to help repurpose your old policy into two new policies that will help secure both your death benefit and future care needs. A 1035 exchange split can be an effective tool to... Read More

Generational wealth is an aspect of financial planning that is geared toward passing down stable, significant financial resources to future generations. But can anyone really teach wealth? If all it took was knowledge to become wealthy, then most business people, professors, financial planners and others would be very wealthy. The reason they’re not is because becoming wealthy requires a lot more than knowledge. It requires hard work, discipline, sacrifice and many other traits that are very hard to teach and pass on. The generation that earns the wealth is the generation that worked and experienced hardships to make sure they achieve... Read More

Just like Estate Planning, there are many things to consider when looking into Long-Term Care Planning. Long-term care is the biggest risk to your financial health as you age and is often missed. To learn how you can protect your wealth, call our office at (214) 484- 0150.... Read More

The options for long-term care plans can be overwhelming and confusing. The stakes for your physical, emotional, and financial future are too high to feel uncertain about your decisions. Our trusted advisors work with you and for you, not the insurance companies. There are some long-term care plans that pay you back if you never use them. Long-term care plans have evolved. You now have more choices and better options! Call ACTA Advisors to see if you qualify: (214) 484-4605 or toll free (800) 484- 0272... Read More

TIM PAINTER Tim Painter has been serving as an advisor to families and individuals regarding their financial and life planning needs for over 30 years. His passion has always been serving as a guide to his clients as they plan for their futures, to help them maximize their financial resources, and to achieve their ideal lifestyle during all phases of life. Throughout the process of coordinating the medical, logistical, housing and care needs of his parents, Tim embarked on an education quest. This quest turned into a professional development opportunity. He developed a particular expertise and knowledge set regarding the financial... Read More

What is Long-term Care Insurance? Asset-based-long-term care protection is a way for you to help pay for expenses should you require care at home or in a facility if you are diagnosed with severe cognitive impairment or if you are unable to perform the basic Activities of Daily Living (ADLs) independently. ACTA Advisors offers alternative's to traditional long-term care insurance. You can live a long life with the security of having an long-term care strategy in place to cover the cost of care if needed, or leave a financial legacy for your loved ones if you don’t end up utilizing the... Read More

Planning Ahead: A Guide to Long-Term Care for Your Future In today’s rapidly changing world, planning for long-term care is more critical than ever. Whether you're preparing for your own future or supporting loved ones, understanding the nuances of long-term care can make all the difference in ensuring peace of mind and financial security. Why Long-Term Care Matters: Long-term care refers to the services and support needed for individuals who may require assistance with daily activities due to illness, disability, or aging. It encompasses a wide range of services, from in-home care to nursing home facilities, and is crucial for maintaining quality... Read More