Understanding Tax and Financial Benefits of Lifecare
This was an educational session on “Understanding the Tax and Financial Benefits of Lifecare Communities.” Sean Dowling, Certified Financial Planner and Enrolled Agent discussed the financial benefits of Lifecare.
If you missed this event CLICK HERE to view the session.
About this Event
This virtual session covered:
- Advantages of Lifecare: The various benefits of Lifecare, which provides a set fee for life so that you do not have to worry about accessing or paying for the care you need as you age.
- Housing and Care Option: A combined housing and care option that helps retirees predict and manage the costs of their care.
- Protecting Against Care Costs: Ways to help prevent care costs and preserve your hard-earned assets and the tax bonus of fees that may be deducted as prepaid medical expense.
- Avoid Common Pitfalls: How to avoid common tax and financial mistakes to protect you and your loved ones.