Long-term care insurance

 

 

 

Mary Olson, a widow, is age 62. Her husband, George, died last year of lung cancer. Due to George’s poor health for the past 20 years, Mary had been the sole breadwinner of the family. She has two adult children and one grandchild who live in a neighboring state. Mary’s mother, Alice, who is 88, lives in a nearby nursing home. All of Alice’s assets were used to pay for her health care and living expenses. She is now supported by Social Security and Medicaid. Mary’s only sibling, a sister, died two years ago at age 52 of breast cancer. Mary plans to leave her estate to her children and grandchild. Mary’s assets consist of the following:

Home (no mortgage), current value $285,000
• 401(k) plan, current value $315,000

• Savings, investments, IRA, and miscellaneous personal property, current value $165,000

Should Mary purchase long-term care insurance? Explain.

Requirements: variable

Whittlesey 2012 sets up an exhaustive continuum for any exchange of any substance starting with one medium then onto the next, principally, however not only, including language to language, language to different mediums, e.g., pictures (films, kid’s shows, and so forth.) or from different mediums to different mediums, with interpretation, comprehended as in exactly the same words replication in the thin sense, at the one end, transposition including different degrees of free rendering of the source, and adjustment saw as the uttermost expelled from the source. He calls attention to that genuine interpretation in the thin sense he proposes is somewhat confined then again, with numerous guidelines: exclusions of words, expressions, and sentences, not to mention entire segments, is disliked, as are augmentations, or bends of the source or its purpose. Interpretations must summon a similar picture as the source messages and pass on their content.9 The exactness of an interpretation must be obvious, which is considerably less simple for transposition or adaptation.10

Whittlesey likewise refers to such models as condensed variants of the works of art, making old messages increasingly available absolutely by modernizing the language; decorating, enhancing or really

J. Pierrepont Finch, a youthful window washer in New York City with enormous aspirations, peruses the book How to Succeed in Business Without Really Trying. The “Book Voice” reveals to him that he will be fruitful in the business world in the event that he follows the book’s recommendation. Energized, Finch enters the World Wide Wicket Company looking for an occupation (“How To Succeed”).

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