You may have clients who, either themselves or members of their family, will need to enter an assisted living facility, nursing home, or some similar type of housing. This self-study CPE course provides a comprehensive guide to long-term care planning and financing strategies. Designed for financial professionals advising clients on late-life planning, Essentials of Long-Term Care examines various care options from assisted living to specialized memory care facilities, while detailing critical funding sources including Medicare, Medicaid, and VA benefits. Participants will learn to evaluate long-term care insurance options and develop strategic approaches for different phases of care planning, ensuring clients can make informed decisions about their future care needs and financial security.
Learning Objectives
Upon successful completion of this course, participants will be able to:
Recognize the different phases of long-term care planning.
Recall the service levels and characteristics of the different types of long-term care.
Recognize the long-term care options for someone suffering from Alzheimer's disease.
Specify the long-term care coverage provided by Medicare, Medicaid, and the Veterans Administration.
Recall the circumstances under which it makes sense to purchase long-term care insurance.
Major Topics
Benefits of Preparation
Range of Long-term Care
Care Requirements for Those with Alzheimer's Disease
Facility Selection Considerations
Medicare Long-Term Care Benefits
Legal Matters
