Your clients rely on your expertise to mitigate risks and secure their financial futures. This course will keep you updated on recent developments, including the impact of new tax laws on financial planning, tax management, and strategies for long-term care. You will gain insights from esteemed specialists in long-term care insurance, Natalie Karp and Rona Loshak, who will navigate you through the intricacies of the long-term care marketplace. They will emphasize the significance of long-term care planning, outline the financial and non-financial repercussions of inadequate planning, and explore various solutions to uphold your clients' independence and dignity as they age.
Learning Objectives
• Understand the latest on planning long-term care for the elderly.
• Learn how to leverage various tools and techniques to serve your clients better.
• Identify strategies to improve communication with clients and their families.
Major Topics
• Importance of long-term care (LTC) planning
• Washington state's LTC trust fund
• Consequences of not planning for LTC
• Basics of LTC insurance
• Cost of LTC and funding options
• Types of LTC insurance plans
• Tax incentives and planning strategies
