HonorShield - FAQ
What is Longevity Care Allocation?
Longevity Care Allocation is a strategy to protect an investment portfolio from the inevitable and devastating high cost of aging. It is a smart, refreshing alternative to the ever increasing cost of Traditional Long Term Care Insurance. Longevity Care Allocation utilizes a combination of tax incentives, legacy benefits, and special protection coverage. It’s simply the better solution to the neglected and overlooked biggest threat to a retiree’s financial well-being.
How does it work?
It provides extra money with tax benefits to the nest egg if you need care later in life and potentially provides an inheritance to your heirs if you don’t. The plan is provided by multibillion dollar financial institutions.
How much does it cost?
There is no out of pocket cost for a feasibility introduction call. Everything else depends on the specific strategy for each individual and can possibly include a 100% return of money provision. Our goal is not to create an expense but to leverage some of your dollars to protect assets and potentially provide a way to return funds if care is not needed. This special strategy is called Asset Based Long Term Care.
Do you have satisfied customer examples?
Yes, we’ve been doing this for over 10 years and there are thousands of satisfied customers of the financial institutions nationwide that provide this particular strategy.
How do I find out if it’s right for me?
After a 30 minute introduction call with one of our specialists, we will both know if we are potentially a good fit for one another.
Who is HonorShield?
We are a network of HonorShield trained specialists led by Kerry Morris, CFP®, CFEd®. Earlier in his career, Kerry spent his days helping families survive financially who were already at the point of having to pay for care. He witnessed first hand the impact these unplanned expenses had on families and knew then he had to do something about it. As a Certified Financial Planner™ practitioner and Certified Financial Educator®, Kerry has been building comprehensive financial plans for years and knew there had to be a better way to solve this problem than he had seen from an industry that had mostly pushed Traditional Long Term Care Insurance. Hence, Longevity Care Allocation was created.
Do I have to be healthy?
No, regardless of your health, there are solutions we can use in the strategy to still give you extra dollars for care later and in most cases, make sure the money is not wasted if you never need care in your lifetime.
How long does it take to get the protection in place?
2 - 8 weeks give or take. Every family is different so it really depends on each family's personal and private customized needs.
*Certified Financial Planner Board of Standards, Inc. (CFP Board) owns the CFP® certificationmark, the CERTIFIED FINANCIAL PLANNER™ certification mark, and the CFP® certification mark(with plaque design) logo in the United States, which it authorizes use of by individuals whosuccessfully complete CFP Board’s initial and ongoing certification requirements.