Long‑Term Care Coverage: Tax Treatment for Business Owners and Employees
Presented by Julie Udovch.
When
6:00–9:00 PM Pacific
Where
Jimmy’s Lakeside Grill Windsor Golf Club, Windsor, California
Seat
$95 per person Reception, dinner and program
Credit
CE credit available
The program
What the evening covers.
Planning for a possible long‑term care need is an important part of a client’s overall financial strategy. Coverage can help shield a couple’s or an individual’s portfolio from being depleted by long‑term care costs, and it gives them choice and flexibility in how that care is provided.
For business owners, it is also a benefit: offering long‑term care coverage can help recruit, reward and retain executives and valued employees, and certain types of coverage can be bought through the business to make the most of the tax deductions available. Hybrid policies that pair long‑term care benefits with life insurance avoid losing the premium if the benefits are little used, but their tax treatment differs from traditional long‑term care insurance, depending on how the product is designed. The presentation works through those differences, using Nationwide’s CareMatters II and CareMatters Together as the worked example.
In this session
How cash indemnity long‑term care benefits are paid, and when they are received tax free
How a hybrid policy’s structure, with separately paid riders, changes its tax treatment
Long‑term care coverage as a benefit for business owners and employees
Including spouses in an executive carve‑out
Age‑based limits on deducting a self‑employed owner’s long‑term care premiums
Sole proprietorships and company‑owned policies
Designing a policy for the greatest tax advantage
Meet the speaker.
Julie Udovch
Regional Vice President CareMatters, Nationwide
Julie Udovch is a Regional Vice President at Nationwide, where she represents CareMatters, the carrier’s flagship linked‑benefit long‑term care product, and CareMatters Together, its version for couples. She works with financial professionals on how linked‑benefit coverage works, why a cash indemnity policy gives clients more flexibility than a reimbursement policy, and how to have the extended care conversation with clients who insist they will never need it.
She came to the work personally. She spent 13 years, starting in her teens, as a caregiver for her great‑aunt, who had Alzheimer’s, and that is what first drew her to long‑term care insurance.
Nationwide has worked in long‑term care for 25 years and was the first carrier to offer cash indemnity long‑term care benefits. CareMatters recently marked its tenth anniversary.
Register
Take a seat at this evening.
Registering here reserves a seat at the November 4, 2026 meeting at Jimmy’s Lakeside Grill, and takes the $95 dinner fee. A confirmation follows by email. Members and guests register the same way.
On the menu
Red meat
Filet mignon
Chicken
Chicken marsala in a red wine and mushroom sauce
Fish
Tiger prawns, skewered and grilled, over white rice
Vegetarian
Pasta primavera
Registering for someone else? Enter the attendee’s own email address and mobile number, not yours — the booking, the dinner choice and the receipt are all filed against whoever is entered here.
Book a seatthe November 4, 2026 dinner meeting
With thanks
The firms behind this evening.
Wine sponsor
Michael Young is the broker and owner of Princeton Pacific Properties, specializing in trust, probate, and conservatorship real estate.
With more than 40 years of experience and more than 3,000 transactions involving life’s transitions, Michael is a trusted resource to estate and trust attorneys, professional fiduciaries, and their clients.
Michael Young Broker/Owner, Princeton Pacific Properties
