With federal purse strings tightening, Americans are likely to need a mix of private and diminished government resources to pay for their long-term care. That's why LTC Financial Partners is offering free presentations nationwide to help people achieve the right mix.

"It looks like Americans will need to rely more on themselves, and less on Uncle Sam, when they need help with the tasks of daily living," says Denise Gott, LTCFP's Chairman of the Board. The free seminars and talks, she says, will spell out all the options.

The first phase of the August 2 deficit reduction agreement exempted Medicaid and Medicare, and did not target the CLASS Act, the upcoming public option for long-term care insurance. But all three programs may be targeted in the second phase of the agreement, which calls for $1.5 trillion additional cuts, to be specified by Congress just before Christmas. If Congress fails to agree on specific cuts, across-the-board cuts will be triggered.