A comprehensive overview of different solutions to pay for long-term care. The workshop will cover the cost of care in Maine, what Medicare will and will not cover, the Long-Term Care Partnership Program in Maine, utilizing asset-based annuities and life insurance which will cover long-term care, how changes in the tax-laws have made it easier to pay for long-term care, the role that life-insurance riders can play in covering long-term care, and the use of critical care policies.
For those concerned about how to pay for long-term care, this would be a valuable program to attend.
This event is sponsored by Ship Shape Financial LLC, a local member of the chamber. Speakers will be Bob Frank and Walt Reynolds.