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Paying for Long Term Care: Crisis Planning (2017)
In this session, participants will discuss innovative ways of paying for long-term care expenses. Crisis planning will be the focus of this session. Recognizing that not all strategies will be accepted in some states, participants should come prepared to talk about different types of assets and strategies for covering the high cost of long-term care. Possible topics include: gifts and loans, planning for family members with disabilities, spenddowns and purchasing excluded assets, annuity and promissory notes. Presented by: Paul A. Sturgul, CELA, CAP, Fellow
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