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Long-Term Care Planning

Why Adults With Senior Parents Need To Revisit Estate Planning & Long Term Care Planning Strategies [Video]

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Why Adults With Senior Parents Need To Revisit Estate Planning & Long Term Care Planning Strategies

In this video, Tara Frame discusses some of the issues that many adults face when caring for their senior parents. Many people do not realize the overwhelming costs of long term care. Many families spend their life savings on the coats associated with long term care. This may leave a healthy spouse impoverished and eliminate any legacy or inheritance for their children.

Tara breaks down the myths associated with:

– How will your family pay for long term care costs?
– Will Medicare pay for long term care costs?
– Why Estate Planning is not the same as Long Term Care planning
– Will your parents need long-term care?
– How can we protect assets from the costs of long term care?
– Why you should consider long term care insurance before age 60

In addition, Tara provides a free legal guide to Long Term Care Planning and Medicaid Planning options.

View the video and Download the Free Legal Guide at: www.FrameandFrame.com

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Long-Term Care Planning

Home Instead Aging Well Series: Estate Planning [Video]

Regardless of age, estate planning is for everyone. Whether it is an unplanned hospitalization or death of a loved one, there is a template for navigating the unexpected. From the experts at Home Instead, find out basic steps anyone can take to prepare for the unexpected.Home Instead Aging Well SeriesThe experts at Home Instead Senior Care® are sharing their knowledge and resources to help seniors stay healthy during the pandemic and beyond. No matter the location, staying healthy for seniors means paying attention to both physical and mental wellness. This series of free workshops are tailored to the aging population and their needs. Visit mccneb.me/homeinstead for more information.

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Long-Term Care Planning

Estate Planning Video: Imagine What Happens if You Don't Have a Will... [Video]

With You Every Step of the Wayhttps://www.DeWitt.law (479)717-6300Without a plan, your estate and affairs will be managed by a Judge using State law. A Judge and the State decide who gets what, when, how, and how much! It's a long, stressful, frustrating experience...With a plan, you gain peace of mind because you've avoided the cost and stress of probate.❌ Save Your Loved Ones From the Pain of Probate and Guardianship❌ Protect Your Family's Inheritance❌ Stop Unnecessary Delays❌ Erase Gigantic Legal Bills and Unnecessary Taxes❌ Ease Worry, Anxiety, and Frustration Before They StartThe only way to leave a Probate free inheritance is with a plan.https://www.DeWitt.law/getstarted(479)717-6300

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Long-Term Care Planning

In this video, I answer the question: What are Estate Planning transfer costs? I'm attorney Patrick Kelleher and my goal is to educate you. I speak in plain English and avoid confusing legal jargon in my videos.Learn more about elder law and estate planning here: https://elderlawcare.com.By watching this video, you’ll learn:• How gifting can be a double edged sword (Article available here: https://elderlawcare.com/2021/04/14/careful-giving-gifts-can-be-a-double-edged-sword-patrick-j-kelleher-esq-elderlawcare-com/)• The risks, rewards, and challenges of making gifts• How to assess and evaluate your own estate planning circumstances• How gifting could be used to reduce your taxable estate• How much you can gift per year under the current tax code• When to file a Form 709 gift tax return• Proposed changes to the Unified Tax Code under the current administration• How gifts within 5 years of applying for Medicaid benefits are considered impermissible and have a penalty period associatedHave you created your estate plan?Leave a comment below!_______________ Patrick J. Kelleher & Associates is a caring and compassionate law firm that works hard to help you protect what you have for the people you love the most. We serve families and seniors in Hanover, Quincy, and the surrounding Boston, Massachusetts area.Learn more about us at https://elderlawcare.com. _______________- Find my Book on Amazon "How to Avoid the Four-Headed Monster: Probate Court, Estate Death Taxes, Financial Creditors & Predators and Nursing Homes": https://www.amazon.com/dp/B084MB96SK/ref=cm_sw_r_other_apa_i_fXwqEb394KEB0 - Watch my 3 Part webinar “Learn to Plan Your Estate… Before It’s TOO LATE!”: https://elder-law-care-educate.bambiz.net/ - Subscribe to my Newsletter: http://eepurl.com/dHk6Jv- Read my Blog: https://elderlawcare.com/blog/

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Long-Term Care Planning

The best type of asset protection prevents a lawsuit from ever going to court. The same is true of estate planning.The best estate plan avoids probate court and allows for the transfer of wealth to be conducted within your family. Learn the best methods to maintain your family’s privacy after your death and how to make sure that wealth is securely transferred.Avoid the heartache and turmoil of a poorly planned estate.What will be covered:The need to create an estate plan for the transfer of wealthDifferent estate planning methodsUsing a Trust as part of your estate planAn estate plan is more than just a trustWhy it matters now