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Strategies to Manage the Cost of Long-Term Care: Insurance and Beyond
July 11 - July 12
Investment News Women Advisor Summit – Key Note Speaker
This session will discuss strategies to manage the cost of long-term care and help your clients more efficiently pay for the care they need while retaining more assets.
The cost of long-term care has been steadily rising every year. While most people agree that receiving care in their own home would be preferential to receiving care in a nursing facility, few people are prepared for the level of expenses associated with this care. It is important to be aware and understand the choices available and the impact they have on a client’s long-term financial security.
With knowledge and careful planning including a combination of strategies to better manage income, assets, and insurance, you will be better prepared to assist your clients in optimizing opportunities that may be available to them preserve the assets they spent their life building, so it can last longer for them and they can pass any remaining assets to their heirs in a tax-efficient way.