Malleo Financial Services

Michael A. Malleo 

Phone: 201-321-7041


State of New Jersey Department of Banking and Insurance Licensed Producer: Title, Life, Health 


State of New Jersey

Notary Public Commission: 

Notary Public 


Title Insurance Terms:

Owner's Title Insurance Policy –  A policy which is purchased by the homebuyer. While it is the buyer's choice, purchasing an "owner's title insurance policy" is the best way to protect your property rights, as well as your trustees, inheritors, and beneficiaries.


Member of ALTA
Member of ALTA




















*The opinions expressed on this website are strictly those of Malleo Financial Services, LLC and not those of ASH Brokerage Corp.., or any of our affiliates.


*Malleo Financial Services LLC cannot and

will not give any tax or legal advice.


Long-Term Care Insurance for Business Owners


If you became disabled while in retirement, how do you plan to pay for your care?


Are you aware of the tax advantages of having your business pay for LTC coverage?




Fred Sanford, age 55, owns Fred’s Funeral Homes, which has three locations and seven employees. After seeing families struggle with the mounting costs of long-term care, he’s concerned about the possibility of needing care in retirement and doesn’t want to deplete his retirement assets and place a burden on his wife, Elizabeth. Fred is willing to share in the costs of care for his employees, but doesn’t want to pay for all of it himself. He’s also looking for any tax advantages when paying premiums.




The average cost of nursing home care is $7,000 per month; however, clients are most likely to receive care in the home, which averages about $5,000 per month. Fred's advisor designs a policy built around $5,000 in monthly benefit over a four-year benefit period, with 3% increase for inflation and shared care. The annual premium comes out to $5,000. At age 80, the monthly benefit has grown to $10,000, giving Fred and each of his employees an LTC pool of $480,000, tax-free. The company pays for the premiums, which allows it to deduct 100 percent of the premiums, and Fred can deduct up to his age-based premium.


Don’t let the “what-ifs” of long-term care loom over your retirement plans! Protect your family – and your employees – with a tax-advantaged policy.




For a free consultation, please contact us for an appointment.





 *This blog is strictly the opinion of Michael A. Malleo and not those of

ASH Brokerage Corp., nor any of our affiliates.


Malleo Financial Services LLC cannot and will not give any specific tax or legal advice.

Please consult your tax professional or legal professional for such advice.