NEW YORK--(BUSINESS WIRE)--A cancer diagnosis isn’t limited to physical and emotional hardship. It can put someone in a hard spot financially too. For both the cancer patient and the family/loved ones facing this challenge, a trusted CPA financial planner can help navigate the difficult financial matters that lay ahead. 360 Degrees of Financial Literacy and the AICPA’s Personal Financial Planning Section jointly with the American Cancer Society are offering a free consumer webcast on Friday, August 11 from 11:00 AM to 12:00 PM ET. Experts Martin Shenkman, CPA/PFS and Dr. Leonard Lichtenfeld, deputy chief medical officer for the American Cancer Society will walk listeners through 12 actionable steps that can be taken to preserve or gain control over the aspects of life included under “estate planning.”
According to the American Cancer Society, approximately 1.7 million new cancer cases are expected to be diagnosed in 2017. With the cost of treatment varying greatly case to case depending on the type, length and location of treatment as well as the individual’s insurance coverage – the one consistent factor across diagnosis’ is that it adds up.
In this plain-English financial literacy webcast, listeners will learn about:
- Managing the costs of cancer treatment and daily living expenses
- Advance directives and other legal and estate planning documents
- Insurance considerations
- And more …
WHAT: What to Do When Cancer Changes Your Financial Plans
WHO: Dr. Leonard Lichtenfeld & Martin Shenkman, CPA/PFS
WHEN: Friday, August 11, 2017, 11:00AM - 12:00 PM ET
HOW: Reporters and the public can register online here.
About the AICPA’s PFP Division
The AICPA’s Personal Financial Planning (PFP) Section is the premier provider of information, tools, advocacy, and guidance for CPAs who specialize in providing estate, tax, retirement, risk management, and investment planning advice to individuals, families, and business owners. The primary objective of the PFP Section is to support its members by providing resources that enable them to perform valuable PFP services in the highest professional manner.
CPA financial planners are held to the highest ethical standards and are uniquely able to integrate their extensive knowledge of tax and business planning with all areas of personal financial planning to provide objective and comprehensive guidance for their clients. The AICPA offers the Personal Financial Specialist (PFS) credential exclusively to CPAs who have demonstrated their expertise in personal financial planning through testing, experience and learning, enabling them to gain competence and confidence in PFP disciplines.
About the American Institute of CPAs
The American Institute of CPAs (AICPA) is the world’s largest member association representing the CPA profession, with more than 418,000 members in 143 countries, and a history of serving the public interest since 1887. AICPA members represent many areas of practice, including business and industry, public practice, government, education and consulting. The AICPA sets ethical standards for the profession and U.S. auditing standards for private companies, nonprofit organizations, federal, state and local governments. It develops and grades the Uniform CPA Examination, offers specialized credentials, builds the pipeline of future talent and drives professional competency development to advance the vitality, relevance and quality of the profession.
The AICPA maintains offices in New York, Washington, DC, Durham, NC, and Ewing, NJ.
About the Association of International Certified Professional Accountants
The Association of International Certified Professional Accountants (the Association) combines the strengths of the American Institute of CPAs (AICPA) and The Chartered Institute of Management Accountants (CIMA) to power opportunity, trust and prosperity for people, businesses and economies worldwide. It represents 650,000 members and students in public and management accounting and advocates for the public interest and business sustainability on current and emerging issues. With broad reach, rigor and resources, the Association advances the reputation, employability and quality of CPAs, CGMAs and accounting and finance professionals globally.