Features
Component 1: LTC Impact Program
The LTC Impact Program takes a client's financial picture and integrates it into the cost of care at present and in the future. You are immediately given an analysis as to how severe the financial and tax consequences would be if the client chose to self-fund the event.
Step-by-Step Approach: You don’t have to be a long term care insurance expert to
successfully market LTCI with the CLTC-WealthSecure System. The introductory pages
introduce long term care, the need for it, its costs, and the two funding options available to
pay for long term health care. This gives you the confidence and competence to
immediately engage clients (and their advisors).
Flash Bar Graphs: Allows you to customize and present “what if” scenarios on the spot.
Impact on Income and Asset Calculators: Our interactive proprietary program takes
the financial particulars of the client and presents the impact long term care costs, now and
in the future, will have on his retirement income and asset portfolio.
This unique program gives the client compelling reasons why
self-funding the cost of care
would have serious consequences to well-thought out tax, estate, retirement income, and
succession plans.
Personalized Report: This feature allows you to present a report on the consequences
of paying for care that has an immediate impact on the client and his advisors. Specifically,
it shows the impact a long term care event would can have on assets accumulated for
retirement and legacy purposes. Also, the report compares self-insurance versus insurance
using the client’s personalized financial data.
Component 2: LTC Funding Program
The LTC Funding Program then gives you an in-depth favorable report of what happens if the risk of care is transferred to an insurance carrier. The analysis is then super-imposed into business settings to show the client added tax advantages.
Easy to use Input: The software input is color-coded and easy to use. The data entered
influences the dynamic report pages that are generated.
Report variations based on tax status: The software tailors your client's report based
on their tax status including: Individual, Sole Proprietor, Partner/LLC Member, 2%+ Shareholder Employee in and S Corporation, Privately-Held C Corporation and Public C Corporation.
Reports/Presentations: The software generates a presentation compiled of many
different report pages. There are informational (static text) pages along with dynamic,
software-generated pages based on the client's income portfolio and retirement plan. You
have an option to print the presentation with or without the informational pages so you can
insert your own pages if you so choose.
FAQs
May I view the CLTC-WealthSecure System without making a commitment to
license it? Yes, we have a video that shows the software being used.
May anyone license the WealthSecure LTC Impact Program? Yes. The LTC Impact
Program is easy to use and does not require any specific knowledge about the LTC problem and
the solutions to it.
How long will it take for me to learn WealthSecure's LTC Impact Program? Everyone
of course learns at different paces, however, the one key feature of the LTC Impact Program is
how easy it is to use and learn - but how powerful it is. We offer step-by-step eLearning courses,
archived webinar training sessions that you can choose by topic and access at your leisure as well
as a detailed user manual designed to bring you up to speed very quickly.
How much does the CLTC-WealthSecure System Cost? We are offering the
CLTC-WealthSecure System, which includes both software programs, access to state-of-the-art training manuals/courses along with multiple resources for only $150/month.
How do I contact Technical Support? Please refer to the software user manual first in addition to browsing the FAQs. If your question is still unanswered, email info@wealthsecure.com and we will get back to you with an answer.
Where can I find a PDF copy of the CLTC-WealthSecure Software Training Manual? On the licensee website, click "Get Help" from the home page (located below the two software programs). On the Help page, the software training manual is broken up into PDF chapters. There is a Table of Contents in the Introduction section.
How do I get a hard copy of the CLTC-WealthSecure Software Training Manual? Please email tmayberry@wealthsecure.com to request the software training manual printed in a binder with tabs. The cost is $49.95. You may also print each PDF chapter if you so choose.
Where can I find the most recent Long Term Care Premium Deductibility Limits set forth by the IRS? On the Help page of the licensee website, you will find the software training manual. Click on chapter 3 and you will find the most recent eligible premium limits under Input Fields - Key Information Section -> Tax Status.
Where do I change the name and company that appears on the title page of the report? On the licensee website click "Get Help" located below the two software programs. On the Help page, there is a section called "Modify Licensee Data" towards the bottom of the page.
Can I download the CLTC-WealthSecure System on my MAC? Yes, the software will run on a MAC. You will need to download Parallels Desktop and Microsoft Windows (2000, XP, Vista or Windows 7) on your MAC. Click here to visit the official Parallels website (click here to visit Amazon.com for a discounted price).
What are my billing terms? You will be billed each month on the day of purchase. For example, if you purchased on the 20th, you will be automatically billed each month of the 20th. We will send you an email notifying you of an upcoming expiration date that is due to expire.
Where do I find the eLearning courses? On the licensee website click "Get Help" located below the two software programs. On the Help page, there are three eLearning courses available. These eLearning courses teach you how to use the LTC Impact Program. The length of time for each course is noted next to the link.
Where do I find training for the LTC Funding Program? On the licensee website click "Get Help" located below the two software programs. On the Help page, underneath the eLearning courses is a section titled "LTC Funding Program." These are recorded webinar training sessions that will teach you how to use the software for each tax status. The training sessions can run up to 30 minutes.
