March 9, 2022
Long Term Care is the #1 Unplanned Expense For Seniors: Why is this important for Fiduciaries and for anyone who offers financial advising?
What is long-term care? How is it paid for? Where is care received? What are the care options?
Why is understanding long-term care important for fiduciaries and financial advisors and professionals?
Planning for an extended heath event should be a part of every retirement and financial plan. Families who do not plan ahead find themselves scrambling to assist their loved ones, not knowing how to navigate senior care, and wasting precious time and resources.
How and when to have the important talk about planning ahead for a long term care event is a necessary part of aging and many families need guidance, facts, and resources to make informed decisions.
How long term care insurance pays for care, protects legacy, prevents impoverishment, and gives families peace of mind.
Stan, a Vietnam Era veteran of the US Air Force, began his career in the entertainment and fitness industries before becoming an insurance professional in 1985, opening his own Life/Disability Insurance brokerage. About 28 years ago Stan was introduced to the field of long-term care and studied everything he could about senior care needs and long- term care. Today, he Is a premier specialist in Long-term Care Insurance and LTC education. Stan guides his clients and financial professionals through the options available for Long Term Care and the choices for the Insurance coverages, both Traditional and Hybrid (Asset protection).
He currently teaches Continuing Education (CA) courses for financial professionals and receives numerous invitations to speak or offer CE courses for local financial planning, legal, senior, estate planning, and insurance associations across Southern California, including local NAIFA, Health Underwriter, Medicare, and Business Development Conferences. He serves on the advisory panel for the California Partnership for Long Term Care and the NAIFA LTC advisory panel which makes recommendation to the State of California.
Aside from his personal production and teaching seminars, Stan supports financial advisors through the complexities of the LTC Insurance sale (pre-qualifying inquiries, meeting with clients, customizing proposals, monitoring underwriting, saving challenging cases). Stan and Marcia, his partner and wife, assist the sellers of LTCI with education, marketing, and product knowledge. All proposals are individually tailored to reflect clients’ needs, budgets, financial plan, and lifestyle requirements.
Stan is active with many state-wide Health Underwriter Associations and National Association of Insurance Advisor chapters and serves on the boards of LAAHU and NAIFA Los Angeles. While their daughter, Shawna, was growing up (USC Doctor of Physical Therapy, 2016), Stan and Marcia were active with WAGS Softball, Agoura HS Girls’ Water Polo, and the Yarrow YMCA. Stan and Marcia also volunteer for various committees and senior advocacy groups within local charities and Chambers of Commerce.
This presentation is for one hour of Minimum Continuing Legal Education (MCLE) credit for Attorneys and others.