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Long-Term Care Planning

Estate Planning Basics in 2022 [Video]

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Estate Planning Basics in 2022

Learn why you need an estate plan, how it works and what happens when you don’t have one.

Topics:
– Why would I want an estate plan?
– What is an estate plan and how does it work?
– What happens when I don’t have an estate plan?

Speakers:
– Eric Harris, Attorney
– Nadia Antii, CRPC®

Torrance Memorial presents Taking Care of Your Financial Health, a free interactive seminar presented by Torrance Memorial’s Professional Advisory Council (PAC).

Torrance Memorial’s PAC is a volunteer group of estate planning attorneys, accountants, financial planners, fiduciaries, and life care planning professionals dedicated to supporting Torrance Memorial Medical Center and educating the community on the benefits of charitable tax and estate planning.

Categories
Long-Term Care Planning

Medicaid If You're Married And Have Income [Video]

If you are a married couple, what happens to your income as a Medicaid applicant? Elder Law Attorney Jim Koewler joins Suzanne to answer this question. They must be married; some states recognize common law marriage, others not. The income of the well spouse does not get to be used under Medicaid rules to pay the expenses of the ill spouse. That doesn't mean that a nursing home might not try. If the ill spouse has more income than the well spouse, things get complicated — the ill spouse may have to share some of their income to the well spouse to use. If the well spouse's housing costs are greater than "average," they may get to have more of the ill spouse's income.Learn more about Jim at https://answersforelders.com/specialists/jim-koewler/, email him at jkoewler-afe@protectingseniors.com, or visit his website at http://www.protectingseniors.comLead image: courtesy of pexels marcus aurelius