Americans need financial planning, whether done independently or with a professional, due to generally low saving rates. This course covers developing personalized financial plans for clients nearing retirement, addressing life insurance, long-term care costs, income tax planning, and funding children’s education. Financial professionals will learn to provide tailored planning and investment solutions for clients’ specific needs.

• Demonstrate an understanding of the critical issues in managing wealth
• Define and differentiate the different types of long-term care
• Explain the nature and extent of long-term care costs and the sources of long-term care funding
• Demonstrate an understanding of the methods of minimizing estate transfer costs
• Explain the characteristics and tax treatment of fixed and variable annuities
• Cite the basic characteristics of long-term care insurance