by Christine | Mar 10, 2015 | Asset Protection, Elder Law, Estate Planning, Irrevocable Trust, Long Term Care, Medi-Cal, Medi-Cal Long Term Care, Medicaid, Nursing Homes |
One attorney calls it the "Get out of Dodge plan"—the best way to keep your assets intact before applying for Medicaid to cover nursing home costs. New Jersey is one of the most restrictive states when it comes to permitting residents to preserve assets for...
by Christine | Mar 9, 2015 | Asset Protection, Elder Law, Estate Planning, Insurance, Long Term Care Insurance, Nursing Homes, Retirement Planning |
When asked about long-term care insurance, one senior said, "I've thought about it. I don't think it's worthwhile to buy at my age." She's 83. "I've thought about it but I really haven't looked into it," another woman said....
by Christine | Mar 6, 2015 | Asset Protection, Conservatorships, Elder Law, Estate Planning, Estates, Medi-Cal, Medi-Cal Long Term Care, Medicaid, Nursing Home |
Lillian Palermo tried to prepare for the worst possibilities of aging. An insurance executive with a Ph.D. in psychology and a love of ballroom dancing, she arranged for her power of attorney and health care proxy to go to her husband, Dino, eight years her junior, if...
by Christine | Mar 4, 2015 | Asset Protection, Elder Law, Estate Planning, Retirement Planning |
You wouldn't play golf without a full set of clubs. Don't go into retirement without a fully equipped retirement toolbox. Retirement brings the freedom to explore a new stage of life. But for many, after years of working for others, it also means assuming...
by Christine | Mar 3, 2015 | Asset Protection, Elder Law, Estate Planning, Estates, Long Term Care, Long Term Care Insurance, Nursing Homes, Retirement Planning |
When asked about long-term care insurance, one senior said, "I've thought about it. I don't think it's worthwhile to buy at my age." She's 83. "I've thought about it but I really haven't looked into it," another woman said....
by Christine | Mar 2, 2015 | Asset Protection, Elder Law, Estate Planning, Long Term Care, Medi-Cal, Medi-Cal Long Term Care, Medicaid, Nursing Homes, Retirement Planning |
Consulting financial and tax advisers as part of planning the retirement process is essential to get the health-care piece covered. Enjoying truly golden retirement years means a lot of different things to different people, but it should include planning for long-term...
