That’s a great question. For the full official information check out this link to the IRS website. Essentially, this is a form that is filed by those who are paying for long-term care benefits like an in-home caregiver, or even those receiving what is called “accelerated death benefits” from one’s life insurance plan. If these are being used to pay for caregiving services, then a viatical settlement provider will require these forms. The online version of this form can be found by clicking here.