Echelon Family Office

In addition to the emotional high that giving to those you care about brings, giving can now also be a savvy tax move for families with substantial wealth. That’s because both the present value and any potential growth of the transferred assets are removed from your taxable estate. Although the IRS generally doesn’t care when you make a major […]

Consider this: about 70% of Americans will require long-term care, long-term care facilities cost between $80,000-$150,000 annually, and the average stay is approximately 3 years. Those figures all add up to one thing; it’s time to consider a hybrid insurance policy. Hybrid policies are a combination of long-term care insurance and life insurance where the […]

Medicare Open Enrollment ends December 7, 2020, and there are a lot of changes that will impact Medicare Advantage plans and Part D coverage options for those ages 65+. Premium and deductible costs – The standard premium for Medicare Part B was projected to increase; however, the Federal Government enacted a short-term spending bill with a […]

Should you develop a health condition that requires part- or full-time care, and your health insurance doesn’t cover the costs, how will you pay for what you need? Answer: Long-Term Care Insurance (LTCi). The U.S. Department of Health and Human Services reports that 69% of people will use long-term care (LTC) services at some point1. […]