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Long-Term Care Planning

Can you keep your home if you go into a nursing home in Florida? [Video]

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Can you keep your home if you go into a nursing home in Florida?

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Attorney Tom Olsen is host of the Olsen on Law Radio Show on in Orlando. Tom has been answering legal questions on his radio show for over 35 years and has been practicing law in Orlando for 40 years.
The Olsen on Law Radio Show is America’s longest running legal radio show.
Produced by Professional Media Ideas. Call or text Chrissy Merrill at 321-207-8384 or by email at chris@olsenlawgroup.com
Transcript:
Attorney Tom Olsen: Mark, you’re on WDBO go ahead.
Mark: Yes. Hi. I live in Orlando, my mother she’s 75 and she has dementia and I was going put her in a nursing home. It got to a point where they were telling me that if she stays a long-term nursing home, that they would take our house.
Attorney Tom Olsen: Mark, the good news with proper planning, your mom is going to be allowed to keep that home and qualify for Medicaid. Have Medicaid pay for a nursing home. Mark, do not give up hope. We have Medicaid-compliant tools to help you and your mom. It starts by talking to our attorney, Robert. Hydock. He’s available. He’s upfront right now. If he’s not on the phone with somebody else at (407) 423-5561.
Mark, if you don’t reach him right now, he’s available Monday through Friday 9:00 AM to 5:00 PM, or go to our website, olsenlawgroup.com. Look for attorney Robert Hydock. From there, you can call him, text him or email him.
Mark: Okay. All right. Thank you.
Attorney Tom Olsen: All right, Christie. We know that there’s so many misconceptions out there about nursing homes and people that throw up their hands and go, “Okay, there goes all mom and dad’s money. Everything they’ve ever worked for all their lives. Going down the hole at a nursing home at 10 to $12,000 a month.” We want people to know that there are Medicaid-compliant tools that we can use to protect their wealth and get them qualified for Medicaid.
Attorney Chris Merrill: Correct. They’re the two biggest misconceptions. One like mark was saying, you hear that they’re gooing to take your home. Then the second biggest misconception five-year lookback. Those two and we can help you with both of those. In addition to other ways that you are able to protect those life savings and not have to give the home away or spend down the cash with legally compliant tools that will allow your loved ones to go into a nursing home and protect their savings.
Attorney Tom Olsen: The five-year lookback is not a misconception. There is in fact, a five-year lookback period, but we have all the workarounds without using Medicaid-compliant tools. Here at the Olsen Law Group in Orlando, we’d love to assist you or your parents. If you’re out there in a community, talking to friends and family, here’s, somebody’s going to a nursing home. Oh, there goes all their money. No, you need to know that there are tools that we can use to use to protect their wealth. It starts by contacting Olsen Law Group in Orlando. We assist people throughout the state of Florida.

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Long-Term Care Planning

Estate Planning Law Firm [Video]

Estate Planning Law FirmAscent Law LLC8833 South Redwood Road Suite CWest Jordan UT 84088801-676-5506https://g.page/AscentLawhttps://www.google.com/maps/place/Ascent+Law+LLC/@40.590866,-111.9386487,17z/data=!3m1!4b1!4m5!3m4!1s0x0:0xc45de8cb0edee294!8m2!3d40.590866!4d-111.93646durable power of attorneyrevocable trustlast will and testamentprobate lawyerwill and testamentestate planning attorney near meprobate attorneyrevocable living trustestate planning attorneyestate lawyerlast willwills and trustsAscent Law LLC707 24th Street Suite 2-AOgden, UT 84401385-275-9890https://g.page/AscentLawOgdenhttps://www.google.com/maps?cid=7397423397808966821&_ga=2.267842254.1996847603.1635355029-976780834.1601644070https://local.google.com/place?id=14149721563093459604&use=posts&lpsid=CIHM0ogKEICAgICGtti6sQEAscent Law LLC1079 E Riverside Dr Suite 203St. George UT 84790385-275-9933https://g.page/AscentLawStGeorgehttps://www.google.com/maps?cid=16662859749292559560&_ga=2.175575522.1996847603.1635355029-976780834.1601644070https://www.ascentlawfirm.com/avoiding-estate-planning-mistakes/https://www.ascentlawfirm.com/why-is-your-firm-the-best-choice-for-handling-estate-planning/https://www.ascentlawfirm.com/why-do-people-avoid-or-delay-making-their-estate-plan/https://www.ascentlawfirm.com/when-do-estate-plans-require-certain-parties-to-be-involved/https://www.ascentlawfirm.com/what-is-the-average-cost-of-an-estate-plan/https://www.ascentlawfirm.com/what-is-estate-planning/https://www.google.com/maps/place/Ascent+Law+LLC/@40.5981475,-111.9403138,15z/data=!4m8!1m2!2m1!1sEstate+Planning+Lawyer!3m4!1s0x875288c711bb118b:0xc45de8cb0edee294!8m2!3d40.56210439!4d-111.802086https://www.google.com/maps/place/Ascent+Law+LLC/@40.5981475,-111.9403138,15z/data=!4m8!1m2!2m1!1sEstate+Planning+Lawyer!3m4!1s0x875288c711bb118b:0xc45de8cb0edee294!8m2!3d40.71428141!4d-111.893373https://www.google.com/maps/place/Ascent+Law+LLC/@40.5981475,-111.9403138,15z/data=!4m8!1m2!2m1!1sEstate+Planning+Lawyer!3m4!1s0x875288c711bb118b:0xc45de8cb0edee294!8m2!3d40.70683117!4d-111.85604https://www.google.com/maps/place/Ascent+Law+LLC/@40.5981475,-111.9403138,15z/data=!4m8!1m2!2m1!1sEstate+Planning+Lawyer!3m4!1s0x875288c711bb118b:0xc45de8cb0edee294!8m2!3d40.74982635!4d-111.96734https://www.google.com/maps/place/Ascent+Law+LLC/@40.5981475,-111.9403138,15z/data=!4m8!1m2!2m1!1sEstate+Planning+Lawyer!3m4!1s0x875288c711bb118b:0xc45de8cb0edee294!8m2!3d40.73899024!4d-111.860055https://www.google.com/maps/place/Ascent+Law+LLC/@40.5981475,-111.9403138,15z/data=!4m8!1m2!2m1!1sEstate+Planning+Lawyer!3m4!1s0x875288c711bb118b:0xc45de8cb0edee294!8m2!3d40.75690734!4d-111.902093https://www.google.com/maps/place/Ascent+Law+LLC/@40.5981475,-111.9403138,15z/data=!4m8!1m2!2m1!1sEstate+Planning+Lawyer!3m4!1s0x875288c711bb118b:0xc45de8cb0edee294!8m2!3d40.76039711!4d-111.908696https://www.google.com/maps/place/Ascent+Law+LLC/@40.5981475,-111.9403138,15z/data=!4m8!1m2!2m1!1sEstate+Planning+Lawyer!3m4!1s0x875288c711bb118b:0xc45de8cb0edee294!8m2!3d40.75617339!4d-111.884106https://youtu.be/rPW8s2prN6Ehttps://youtu.be/ckc-xSct07ohttps://youtu.be/aNF9W7Z7G6Ahttps://youtu.be/vBSF2OkZWAQhttps://youtu.be/YGmJ_KrYKp8https://youtu.be/aSZcglHIGBwhttps://youtu.be/qhZ7L-GfijIhttps://youtu.be/gt57PB4uRv8https://youtu.be/c0pGzkwzGPshttps://youtu.be/4qJMedYpGYUhttps://youtu.be/3JDO2UAMj2Qhttps://youtu.be/evkcaaHKm7whttps://youtu.be/N38k44NgO9Ehttps://youtu.be/xYRfqDmDqF8https://youtu.be/Phuo68fhgfUhttps://youtu.be/JHrWQ4vWC4Qhttps://youtu.be/GoYkUldjjRQhttps://youtu.be/1u-ijaizYMAhttps://youtu.be/MbZ4dL14zlUhttps://youtu.be/fEYFfQ_of5Qhttps://youtu.be/6hXZB817JLchttps://youtu.be/GsIcRCmbYPkhttps://youtu.be/wnQe-U_TuSkhttps://youtu.be/ll7PRnD0KFM

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Long-Term Care Planning

Financial planning for retirement [Video]

Now that 2022 is officially among us, it is important to take control of your money and take revisit your financial plan, especially when retirement planning. Whether you are starting from scratch or revising an existing plan, it is crucial to evaluate your current financial condition and prepare for your long-term goals. As we get older and plan for retirement, this tool is helpful in strategizing for the future. Fiduciary retirement planner Rob De Lessio of Strategic Wealth Designers joined us on the newscast to discuss important tips related to financial plans. See more financial news at https://local12.com/community/its-your-money.“There are two initial items that you need to address to determine what your personal financial plan will look like,” De Lessio says. “Step one is establishing how much you spend on a monthly basis. This is used to gauge approximately how much you spend annually to forecast how much you will need to maintain your current lifestyle upon retirement. Second, how many years are you from retiring? Your strategy changes based on what your time horizon is.”Financial planning alters through different stages of life. For those that are within ten to fifteen years of retirement, it is recommended to scale back on risk. With not as much time to bounce back from a potential loss, your portfolio should have safety nets to keep your assets protected. There are also factors to consider such as your income plan, long term care, inflation, and taxes.“We utilize the Rule of 100 as a reference tool to determine how to maximize your assets dependent on your age,” De Lessio says. “This is calculated by subtracting your age from one hundred. That percentage of your portfolio can be exposed to risk, and the rest kept completely safe. For example, if you are 60 years old, 40% of your assets can be exposed to risk, while 60% are protected.”Financial planning is important in all stages of life in order to achieve financial goals, but especially when preparing for retirement. To see additional stories surrounding business and economic news for the Cincinnati area, visit https://local12.com/community/its-your-money and if you have a question for Rob send an email to info@swdgroup.com.

Categories
Long-Term Care Planning

3 Estate Planning Questions with Macie Tuiasosopo Gaines [Video]

Dave: Hi everybody, Dave Sullivan is here and part of the marketing team at People Driven Credit Union. I have an exceptional guest today.Macie: Hi my name is Macie Tuiasosopo Gaines.Dave: Macie, What company are you with?Macie: I’m with Gaines & Gaines law firm, and we are primarily probate and estate planning practice.Dave: We met at our town hall Zoom meeting with Kyra a few weeks ago.Macie: Yes, that was very successful.Dave: We had many people reach out, and I thought I’d get together with you and ask you a couple of questions. The first question a lot of people had was what happens if you don’t have a Will, Trust orMacie: estate planning? Read the rest at https://www.peopledrivencu.org/2022/03/02/3-estate-planning-questions-with-macie/