If I have a Long Term Care policy can I use it to pay for assisted living?

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What is a Long Term Care policy (LTC) and who should consider having one? Doesn’t Medicare cover everything after 65? Why would you need a LTC policy? Can it be used to cover the cost of a retirement community? Assisted living? What about…

Can you be held responsible for your parent’s financial obligations when they die?

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What types of expenses are usually incurred in the final year prior to passing away? Who is responsible for paying these bills? Watch Szarka Financial’s Senior Financial Planner Mark Stratis, CFP®, discuss these issues with Fox 8 News Anchor…

Convert Your Old Life Insurance Policy into a Long Term Care Policy

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Have you been considering the need for long-term care insurance, but not sure how to cover the cost? Did you know that you may be able to convert an old life insurance policy into a long-term care policy?

Market Volatility: Should you sell a stock just because it’s dropped in value?

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There’s been a lot of volatility in the markets these last few weeks. Should everyone be looking to sell their stocks now that they have dropped in value? Is there any reason not to sell? Are there tax advantages to selling now?…

Should you pay off a mortgage or invest the money?

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Some people may have the option to pay off a mortgage or invest a lump sum of money. Interest rates have just gone up for the first time in almost a decade. Which brings up the question of mortgages. Is it better to pay off your mortgage…

Top 3 reasons you may not need life insurance anymore

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Do you still need life insurance once your kids are grown and gone? Watch Szarka Financial’s Senior Financial Planner Mark Stratis, CFP® and Fox 8 News Anchor Todd Meany, discuss the top three reasons you may not need life insurance anym…