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News ReleasesThe Desirability of Long-Term Care Insurance March 5, 2007 The financial benefits of protecting a family's assets through long-term care insurance versus other types of investments will be explored in a free, public presentation at 4:45 p.m., Thursday, March 15, in the University Events Room of USM's Glickman Family Library, Portland. The presenters include USM School of Business Professors Joel Gold and David VanderLinden, along with USM School of Business graduate student John Herald. The presentation is based on their award-winning paper "Risk Management for the Family: The Desirability of Long-Term Care Insurance." The paper, which recently won a $10,000 national award from the Financial Planning Association, was presented at the association's annual meeting before an audience of more than 500. For more information, go to http://www.usm.maine.edu/~gramlich/colloquium/spring07/gold-etal/ This event is organized by the L.L. Bean/Lee Surace Endowed Chair in Accounting in the USM School of Business.The L.L. Bean/Lee Surace Chair in Accounting was established in memory of L.L. Bean Chief Financial Officer Lee Surace, who was a 1973 and 1981 USM graduate and head of the USM School of Business Advisory Council. The chair was made possible by a $1 million gift from L.L Bean and from its board chair, Leon Gorman and his wife Lisa Gorman, Jim and Maureen Gorman, and Tom Gorman. Jeffrey Gramlich, a leader in the fields of accounting and financial statement analysis, was appointed in 2003 as the first occupant of the L.L. Bean/Lee Surace Chair in Accounting in the USM School of Business. |
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