We’ve received a lot of questions about real estate and Adam Scott addresses them in this two-part real state series.
In this episode, Adam talks about real estate across America and how the future may differ from what we’ve seen happen historically. He goes over what’s going on with the housing market, whether it’s a good time to buy or sell, how taxes can affect the housing market, and what tax strategies you can use to minimize your real estate taxes.
Adam discusses:
The current state of the housing market
Why buying a home might not be the wealth builder it once was
How taxes can help you, and how they can hurt you when buying and selling property
Tax planning strategies to get around taxes when it’s time to sell
Medicare doesn’t cover long-term care. If you thought it did or haven’t purchased long-term care insurance for any other reason, Adam has 10 things for you to think about before you make your final decision.
In this episode, Adam Scott, CFP®, introduces a dear friend of his, Jennifer Burnham-Grubbs, Founder of Quantum Insurance Services and Women Of Wealth, to go over 10 things you should know about long-term care insurance.
Adam introduces the list with a personal story about his family’s experiences with needing long-term care before diving into the ins and outs of long-term care, unravelling the crucial factors determining whether it’s right for you. From understanding the amount of coverage you need, to discovering who can benefit from long-term care insurance.
Adam and Jennifer discuss:
Adam’s personal experience about his mother and mother-in-law, one who had long-term care insurance and one who didn’t
What long-term care insurance is and why you may or may not need it
The different kinds of long-term care solutions
Why long-term care insurance is pricey but worth the cost
What the best age is to get long-term care insurance
How much coverage you may need
Who long-term care insurance works best for
Why even the wealthy may need long-term care insurance
