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Assisting small business owners and commercial real estate investors with the financing needed to accomplish their goals!

Episode 004 – How a life insurance policy can help pay for your senior living expenses

Note – The first 6 episodes were produced under the name Your Business Decision. Beginning Oct. 1, 2017 the podcast was re-branded to Financially Empowered with Ralph Russell.

The cost of senior care living expenses continue to skyrocket. This is truly one area very few plan for until it is often too late. This results in tapping into retirement assets, reverse mortgages, asking your adult children for help, or applying for Medicaid and having to dispose of most of your assets to qualify.

On episode 004 of Your Business Decision, I am joined by one of the leading senior care advocates in the United States, Chris Orestis, EVP of GWG Life. Chris is frequently quoted on the topic of senior issues and has been featured in the Wall St. Journal, New York Times, PBS, Fox Business News and USA Today.

Chris discusses how a life insurance policy initially purchased to protect your loved ones in case you died can also protect your family from a potential financial tragedy, brought on by insufficient funds to pay for long term care.

One key element to keep in mind with the life policy sale/conversion to senior care benefits is there needs to be an imminent need, within 60 days or less, for the senior care, i.e. home health, nursing home, assisted living or memory care.

To see if you or your family members life policy will qualify for senior living benefits, request the free policy analysis by emailing me at yourbusinessdecsion@gmail.com.

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About the author, Ralph

My entire 30 yr plus career has focused on finance. The past 6 years have been spent assisting small business owners and commercial real estate investors with obtaining the funding they need to accomplish their goals.

During my career, I have learned we all can make the best
business/financial decisions possible if we had access to the appropriate capital partner for each specific financial request and credit profile.

Please reach out to me directly with any question you have related to your business or commercial real estate financing objective. Also,
let me know what topics you would like me to discuss in future videos and blogs I will post to this site.

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