Lally Wealth Management

Protect Your Wealth from an Unforeseen Heath Event. Help protect your savings and family from the costs of long-term care, which are NOT covered by traditional insurances or Government programs, like Medicare.

I have listened to the stories of how people had watched their loved ones need nursing care, but they didn't have any care coverage. All they could do is watch their parents, uncles, aunts, etc. life savings disappear having to pay for care coverage. These emotional stories have driven my passion and desire to help families protect their wealth from those unforeseen health events or cognitive impairments such as Alzheimer's Disease.

Long-term care is a range of services and supports you may need to meet your personal care needs. Most long-term care is not medical care, but rather assistance with the basic personal tasks of everyday life, sometimes called Activities of Daily Living (ADLs), such as:

Bathing
Dressing
Using the toilet
Transferring (to or from bed or chair)
Caring for incontinence
Eating

Other common long-term care services and supports are assistance with everyday tasks, sometimes called Activities of Daily Living (ADLs) including:

Housework
Managing money
Taking medication
Preparing and cleaning up after meals
Shopping for groceries or clothes
Using the telephone or other communication devices
Caring for pets
Responding to emergency alerts such as fire alarms

Our life expectancy has been increasing for decades.

Protecting your wealth from an unexpected health event has become more and more imperative because your investments may need to last much longer than you may have planned during your retirement years.

An American turning 65 today has a nearly 70% chance of requiring Long Term Care services in their lifetimes.

And of those needing care, 20% will need it for longer than five years.

There are two main types of Long Term Care coverage:

Declined for Long Term Care Insurance? You may have additional care options.