How to Protect Your Life Savings from Catastrophic Illness and Nursing Homes

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Publisher :
ISBN 13 :
Total Pages : 308 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis How to Protect Your Life Savings from Catastrophic Illness and Nursing Homes by : Harley Gordon

Download or read book How to Protect Your Life Savings from Catastrophic Illness and Nursing Homes written by Harley Gordon and published by . This book was released on 1991 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: All retired people and their children should read this book: it provides sound legal strategies to protect personal assets from the financial drain of long-term care. Now a founding member of the National Academy of Elder Law Attorneys offers a new edition of this straightforward handbook, with up-to-date regulations for every state.

How to Protect Your Life Savings from Nursing Homes

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Publisher :
ISBN 13 :
Total Pages : 0 pages
Book Rating : 4.9/5 (867 download)

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Book Synopsis How to Protect Your Life Savings from Nursing Homes by : Joshua Rae

Download or read book How to Protect Your Life Savings from Nursing Homes written by Joshua Rae and published by . This book was released on 2022-08-25 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: The nursing home financial survival guideYou worked too hard for too long to lose everything at the end of your life. But unless you build legal and financial shields to protect your life savings, your assets, and your legacy, you will lose them all.Every month in the United States, nursing homes charge residents' families upwards of $9,000 for long-term care. For most patients, Medicaid does not begin to cover these expenses until everything has been liquidated. Until checking and savings, life insurance policies, and retirement accounts are depleted to almost zero.Millions of Americans suffer this fate, and they never saw it coming. Because they didn't know how to plan for the inevitable-for what happens when Mom or Dad can no longer take care of themselves. And they pay the price.In How to Protect Your Life Savings from Nursing Homes, licensed asset protection expert Joshua Rae offers the complete plan for what to do before going into a nursing home. Ideally, that plan begins more than five years prior to nursing home admission, but the book covers what to do in any scenario.Clearly written in terms anyone can understand and with relevant, relatable examples, this book tells the unvarnished truth about long-term care expenses, Medicaid regulations, and what educated families can do to preserve family assets to pass on to the next generation.Whether long-term care is more than a decade away, or you or a loved one is already in a nursing home, How to Protect Your Life Savings from Nursing Homes will show you how to save upwards of $300 a day in healthcare costs.The must-read for anyone dealing with a nursing home.

How to Protect Your Life Savings from Catastrophic Illness and Nursing Homes

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Publisher : Financial Strategies Press
ISBN 13 : 9780964289604
Total Pages : 308 pages
Book Rating : 4.2/5 (896 download)

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Book Synopsis How to Protect Your Life Savings from Catastrophic Illness and Nursing Homes by : Harley Gordon

Download or read book How to Protect Your Life Savings from Catastrophic Illness and Nursing Homes written by Harley Gordon and published by Financial Strategies Press. This book was released on 1998-07 with total page 308 pages. Available in PDF, EPUB and Kindle. Book excerpt: An essential guide to what every American family needs to know about what won't be covered by healthcare reform--long-term care. The author, a nationally-known elder law attorney, explains the ongoing changes in Medicaid law and developing strategies to cope with these changes.

How to Protect Your Family's Assets from Devastating Nursing Home Costs

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Publisher : MedicaidSecrets.com
ISBN 13 : 0979080118
Total Pages : 256 pages
Book Rating : 4.9/5 (79 download)

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Book Synopsis How to Protect Your Family's Assets from Devastating Nursing Home Costs by : K. Gabriel Heiser

Download or read book How to Protect Your Family's Assets from Devastating Nursing Home Costs written by K. Gabriel Heiser and published by MedicaidSecrets.com. This book was released on 2006 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by an elder law attorney with over 23 years experience, this book will help anyone with a family member faced with a long-term stay in a nursing home who wishes to preserve at least some of their assets by qualifying for the Medicaid program. You dont have to be broke to qualify! For the first time ever, the inside secrets of high-priced estate planning and elder law attorneys are revealed. Includes a summary of all income and asset rules for both married and single individuals, together with numerous examples and several case studies, which take the reader through the same thought processes that an experienced elder law attorney would go through when analyzing a real-life clients situation. The book includes tips on: how to title your home so you do not lose it to the state; how to make transfers to family members that wont disqualify you from Medicaid; how annuities make assets disappear; smart tricks for spending down your assets; what to change in your will to save thousands of dollars if your spouse ever needs nursing home care; avoiding the states reimbursement claim following the nursing home residents death; and much more. Completely up-to-date, the book includes the massive changes made by the Deficit Reduction Act of 2005 as well as the December 2006 Tax Relief and Health Care Act amendments.

Nursing Home Survival Guide

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Publisher :
ISBN 13 : 9780976182122
Total Pages : 158 pages
Book Rating : 4.1/5 (821 download)

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Book Synopsis Nursing Home Survival Guide by : Evan H. Farr Cela

Download or read book Nursing Home Survival Guide written by Evan H. Farr Cela and published by . This book was released on 2012-12 with total page 158 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a result of the aging of our population and the fact that Americans are living longer than ever before, more Americans are developing chronic illnesses that require long-term care, and we all face increasingly difficult challenges and more transitions in our lives than ever before. One of the most difficult transitions that Americans must face for themselves and their loved ones is the "final move" - a transition that's made by over 40% of the American population - the move to a nursing home. Rich, poor, or somewhere in between, 99 percent of Americans can't afford to ignore the potentially catastrophic costs of nursing home care and other types of long-term care, such as assisted living and in-home care. In fact, long-term care costs are so high that 70 percent of Americans become impoverished within a year of entering a nursing home. Chances are that someone close to you has lost their dignity and their life savings by winding up broke in a nursing home. This Nursing Home Survival Guide is designed to provide much-needed information and answers to the important questions you will encounter as you go through this challenging transition. The Nursing Home Survival Guide is the definitive guide for helping you protect your loved ones who need nursing home care by preserving their dignity, quality of life, and financial security. This book provides invaluable information and guidance to families dealing with the possibility of nursing home care and struggling to make the best decisions for themselves or their loves ones. If you're a Baby Boomer or older, this book also helps you gain the peace of mind of knowing that there are ways to not outlive your money. Author Evan Farr is the creator of the Living Trust Plus Asset Protection System used by dozens of Estate Planning and Elder Law Attorneys around the country, and is widely recognized as one of the foremost experts in the nation in the field of Medicaid Asset Protection and related Trusts. A nationally-renowned Best-Selling author and frequent educator of attorneys across the U.S., Evan is known as the "expert to the experts," having educated tens of thousands of attorneys across the country, and now in this book is using his mastery of the subject to educate consumers about the ever-changing landscape of nursing home care in America and, most importantly, how to get the best care and how pay for that care without going broke. In 25 easily readable and understandable chapters, Mr. Farr covers diverse topics ranging from the basics -- what is a nursing home, what is long-term care, what is the caregiver's role, how do you select the best facility, what does Medicare cover, how to get the best long-term care insurance -- to the advanced, such as Veterans Aid & Attendance Planning, Medicaid Asset Protection, Pre-Need Medicaid Planning, and Medicaid Crisis Planning. Along the way he provides a valuable Nursing Home Evaluation Tool, answers many Frequently Asked Questions about Medicaid, covers the important topic of Why Medicaid Planning is Ethical, and provides valuable Medicaid Case Studies showing the application of some of the most common Medicaid Asset Protection strategies to real-life situations. This book also has chapters on Moving your Loved One, How to Get The Best Possible Care, The Rights of Nursing Home Residents, Recognizing Abuse & Neglect, What to do if You Suspect Abuse or Neglect, Estate and Incapacity Planning, and How to Find the Best Lawyer.

How to Protect Your Family's Assets from Devastating Nursing Home Costs--Medicaid Secrets (18th Ed.)

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Publisher : Phylius Press
ISBN 13 : 9781941123195
Total Pages : 0 pages
Book Rating : 4.1/5 (231 download)

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Book Synopsis How to Protect Your Family's Assets from Devastating Nursing Home Costs--Medicaid Secrets (18th Ed.) by : K Gabriel Heiser

Download or read book How to Protect Your Family's Assets from Devastating Nursing Home Costs--Medicaid Secrets (18th Ed.) written by K Gabriel Heiser and published by Phylius Press. This book was released on 2024 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by an elder law attorney with over 25 years of experience, this book will help anyone with a family member faced with a long-term stay in a nursing home who wishes to preserve at least some of their assets by qualifying for the Medicaid program. You don't have to be broke to qualify! For the first time ever, the inside secrets of high-priced estate planning and elder law attorneys are revealed. Includes a summary of all income and asset rules for both married and single individuals, together with numerous examples and several case studies, which take the reader through the same thought processes that an experienced elder law attorney would go through when analyzing a real-life client's situation. The book includes tips on: how to title your home so you do not lose it to the state; how to make transfers to family members that won't disqualify you from Medicaid; how annuities make assets "disappear"; smart tricks for "spending down" your assets; what to change in your will to save thousands of dollars if your spouse ever needs nursing home care; avoiding the state's reimbursement claim following the nursing home resident's death; and much more. The 2024 Eighteenth Edition has been revised and completely updated to incorporate all changes in the law as of January 1, 2024. The two chapters on Veterans' Pension benefits (rules and planning techniques) have been completely updated to reflect the new transfer, lookback, and penalty periods that now apply to VA applications.

"How to Protect Your Family's Assets from Devastating Nursing Home Costs

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Publisher :
ISBN 13 : 9780979080173
Total Pages : 0 pages
Book Rating : 4.0/5 (81 download)

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Book Synopsis "How to Protect Your Family's Assets from Devastating Nursing Home Costs by : K. Gabriel Heiser

Download or read book "How to Protect Your Family's Assets from Devastating Nursing Home Costs written by K. Gabriel Heiser and published by . This book was released on 2012-02 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by an elder law attorney with over 25 years of experience, this book will help anyone with a family member faced with a long-term stay in a nursing home who wishes to preserve at least some of their assets by qualifying for the Medicaid program. You don't have to be broke to qualify! For the first time ever, the inside secrets of high-priced estate planning and elder law attorneys are revealed. Includes a summary of all income and asset rules for both married and single individuals, together with numerous examples and several case studies, which take the reader through the same thought processes that an experienced elder law attorney would go through when analyzing a real-life client's situation. The book includes tips on: how to title your home so you do not lose it to the state; how to make transfers to family members that won't disqualify you from Medicaid; how annuities make assets "disappear"; smart tricks for "spending down" your assets; what to change in your will to save thousands of dollars if your spouse ever needs nursing home care; avoiding the state's reimbursement claim following the nursing home resident's death; and much more. The 2012 Sixth Edition has been expanded, revised, and completely updated to incorporate all changes in the law as of January 1, 2012, and includes two chapters on Veterans' benefits.

Elder Care Journey

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Publisher : SUNY Press
ISBN 13 : 1438460732
Total Pages : 230 pages
Book Rating : 4.4/5 (384 download)

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Book Synopsis Elder Care Journey by : Laura Katz Olson

Download or read book Elder Care Journey written by Laura Katz Olson and published by SUNY Press. This book was released on 2016-04-22 with total page 230 pages. Available in PDF, EPUB and Kindle. Book excerpt: Combining expert knowledge and first-hand experience, a noted elder care researcher confronts the long-distance care of her own mother. For millions of Americans caregiving is the “new normal.” For Laura Katz Olson, a respected researcher of long-term care for the aging, Elder Care Journey chronicles the disruption of her world and how it is upended by the ever-increasing long-distance needs of her own mother. A healthy, Senior Olympics medal winner, Olson’s mother is slowly and steadily incapacitated by Parkinson’s disease and a gradual loss of vision. Thrust into a long-distance caregiving role, Olson finds her previous academic notions about assisting a frail parent increasingly at odds with the reality of the lived experience. In a narrative full of “ah-ha!” moments, tears, sighs, and outrage that will be familiar to many, Olson opens a window into the nursing home and home care industries that consume much in the way of taxpayer dollars, but often fail to deliver quality care. Olson’s personal story vividly demonstrates not only the overwhelming bureaucratic barriers faced by care-dependent seniors but also their beleaguered adult children’s attempts to ensure their parents’ health, safety, and well-being. “After losing two siblings, Laura Katz Olson is left singularly responsible for her physically active and lively mother, Dorothy, a thousand miles away, both young at heart and eagerly bicycling everywhere, but increasingly limited by the normal process of aging. Being an expert on aging and health care, Olson is at first confident as she tries to let her mother ‘age in place.’ More than anyone, she believes, she should know what to do. Shuttling between Florida and Pennsylvania, Olson settles into a crushing routine, and with each visit she finds incremental downward change in her mother’s health. Pulled by daughterly guilt at times, but also a wellspring of love, Olson is frank about the resentment she sometimes experiences. “With a unique perspective that links the systemic flaws in our policy approach to elder care to real-world experience, Olson exposes the challenges we all face or are likely to face. More than a personal story, but nevertheless an extremely compelling one, the book should be read by those confounded and frustrated, and by those without direct knowledge of what quietly repeats itself millions of times a day.” — Miriam Laugesen, Department of Health Policy and Management, Columbia University “In Elder Care Journey, Laura Olson tells the riveting story of helping her aging, disabled mother navigate the system of long-term services and supports. A renowned scholar of aging and long-term care policy, Dr. Olson was nevertheless unprepared for the daily frustrations involved in confronting a bewildering array of obstacles, deceptions, burdensome and repetitive procedures and paperwork, and catch-22s, ranging from the annoying to the downright dangerous. She shows how well-intentioned policies can fall far short of meeting people’s needs, especially for those in greatest need, in a system based on fragmented interests and private-sector profit maximization. Combining scholarly expertise with personal experience, she ends the book with a detailed but highly accessible analysis of the long-term care system and how it could be improved to the benefit of both taxpayers and beneficiaries. This book is a compelling read for policymakers and for students and scholars of health care and social welfare policy, highly recommended for undergraduate and graduate courses. The author’s experiences also provide helpful advice to caregivers on what to expect and how to deal with it, as well as reassurance that they are not alone.” — Christine L. Day, University of New Orleans “If a society is judged by how well it treats its most vulnerable members, Laura Katz Olson, a prominent health policy scholar, demonstrates that we have a long way to go in how we serve frail and disabled elders in need of long-term services and supports at the end of their lives. Olson develops a compelling narrative that describes the subtle and not-so-subtle indignities imposed on elders and their caregivers navigating the complex maze of health and social service systems at their hour of greatest need. Even an expert such as Olson struggled in light of the challenges posed by these impediments. “By connecting her own personal journey to the larger societal challenges within which her struggles are embedded, Olson makes a significant contribution to the literature that should be required reading for scholars, practitioners, and policymakers looking to advance the welfare of the nation’s most vulnerable citizens.” — Edward Alan Miller, author of Block Granting Medicaid: A Model for 21st Century Medicaid Reform? “This page-turner is at once a tender tale of a daughter’s devotion and a stinging indictment of the hugely complex and wholly inadequate American long-term care system. That an elder-care expert can barely navigate the Byzantine web of public and private insurance and services for her disabled mother is alarming enough. Truly horrific are the system’s shortcomings and the increasing role that for-profit providers play, fleecing and even abusing their customers. A startling wake-up call.” — Andrea Louise Campbell, author of Trapped in America’s Safety Net: One Family’s Struggle

Unsafe in Their Own Homes

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Publisher : DIANE Publishing
ISBN 13 : 9781568063737
Total Pages : 32 pages
Book Rating : 4.0/5 (637 download)

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Book Synopsis Unsafe in Their Own Homes by : DIANE Publishing Company

Download or read book Unsafe in Their Own Homes written by DIANE Publishing Company and published by DIANE Publishing. This book was released on 1993-05 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discusses the vulnerability of the frail elderly in California at the mercy of untrained, unreliable and even abusive care givers who are largely unmonitored by either the State or the counties.

How to Protect Your Life Savings Against Nursing Home Costs

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Publisher :
ISBN 13 : 9781857799163
Total Pages : pages
Book Rating : 4.7/5 (991 download)

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Book Synopsis How to Protect Your Life Savings Against Nursing Home Costs by : Bill Habets

Download or read book How to Protect Your Life Savings Against Nursing Home Costs written by Bill Habets and published by . This book was released on 1996 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

For-Profit Enterprise in Health Care

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Publisher : National Academies Press
ISBN 13 : 0309036437
Total Pages : 580 pages
Book Rating : 4.3/5 (9 download)

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Book Synopsis For-Profit Enterprise in Health Care by : Institute of Medicine

Download or read book For-Profit Enterprise in Health Care written by Institute of Medicine and published by National Academies Press. This book was released on 1986-01-01 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt: "[This book is] the most authoritative assessment of the advantages and disadvantages of recent trends toward the commercialization of health care," says Robert Pear of The New York Times. This major study by the Institute of Medicine examines virtually all aspects of for-profit health care in the United States, including the quality and availability of health care, the cost of medical care, access to financial capital, implications for education and research, and the fiduciary role of the physician. In addition to the report, the book contains 15 papers by experts in the field of for-profit health care covering a broad range of topicsâ€"from trends in the growth of major investor-owned hospital companies to the ethical issues in for-profit health care. "The report makes a lasting contribution to the health policy literature." â€"Journal of Health Politics, Policy and Law.

How to Protect Your Family's Assets from Devastating Nursing Home Costs

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Publisher :
ISBN 13 : 9780979080166
Total Pages : 0 pages
Book Rating : 4.0/5 (81 download)

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Book Synopsis How to Protect Your Family's Assets from Devastating Nursing Home Costs by : K. Gabriel Heiser

Download or read book How to Protect Your Family's Assets from Devastating Nursing Home Costs written by K. Gabriel Heiser and published by . This book was released on 2011 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Written by an elder law attorney with over 25 years of experience, this book will help anyone with a family member faced with a long-term stay in a nursing home who wishes to preserve at least some of their assets by qualifying for the Medicaid program. You don't have to be broke to qualify! For the first time ever, the inside secrets of high-priced estate planning and elder law attorneys are revealed. Includes a summary of all income and asset rules for both married and single individuals, together with numerous examples and several case studies, which take the reader through the same thought processes that an experienced elder law attorney would go through when analyzing a real-life client's situation. The book includes tips on: how to title your home so you do not lose it to the state; how to make transfers to family members that won't disqualify you from Medicaid; how annuities make assets "disappear"; smart tricks for "spending down" your assets; what to change in your will to save thousands of dollars if your spouse ever needs nursing home care; avoiding the state's reimbursement claim following the nursing home resident's death; and much more. The 2011 Fifth Edition has been expanded, revised, and completely updated to incorporate all changes in the law as of January 1, 2011, and includes two chapters on Veterans' benefits.

Mindful Money

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Publisher : New World Library
ISBN 13 : 1608684377
Total Pages : 306 pages
Book Rating : 4.6/5 (86 download)

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Book Synopsis Mindful Money by : Jonathan K. DeYoe

Download or read book Mindful Money written by Jonathan K. DeYoe and published by New World Library. This book was released on 2017-01-06 with total page 306 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is it possible to be a conscientious citizen of the world and grow wealth? The author, a Buddhist and a financial planner, says yes and explains exactly how. Money drives many of our decisions. We all worry about earning it, spending it, and saving it — regardless of our income level or spiritual perspective. Yet few of us understand money’s true nature. Jonathan K. DeYoe helps you create a unique financial plan that is guided by your deepest beliefs, and shows you how to save, invest, pay off debt, and fund your retirement and dreams by building a lifetime income stream. With a foreword by Pulitzer Prize–winner Alice Walker, Mindful Money does all this while emphasizing that money is a tool you can use to support your lifestyle, reach your goals, and earn the “happiness dividend” everyone deserves.

Simple Ltc Solution: How to Protect Your Life

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Publisher : Independently Published
ISBN 13 : 9781980586371
Total Pages : 144 pages
Book Rating : 4.5/5 (863 download)

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Book Synopsis Simple Ltc Solution: How to Protect Your Life by : Scott A. Olson Cltc

Download or read book Simple Ltc Solution: How to Protect Your Life written by Scott A. Olson Cltc and published by Independently Published. This book was released on 2018-03-18 with total page 144 pages. Available in PDF, EPUB and Kindle. Book excerpt: The insurance industry does not want you to read this book. This book gives you knowledge from an insider. This knowledge will empower you to take simple steps that can protect your life's savings from long-term care expenses.In 2005, Congress passed legislation that gave each state the authority to develop "Long-Term Care Partnership Programs". These programs are a partnership between the federal government, your state government, select insurance companies, specially-trained insurance agents, and you. These programs encourage the middle-class to purchase an amount of long-term care insurance that is equal to their net worth. If their policy runs out of benefits they can apply for Medicaid to pay for their care and all of their assets can be protected from Medicaid (both while they are alive and even after they pass away.)You can target how much long-term care insurance you need based upon how much of your assets you want to protect from Medicaid. If you want to protect more savings you can buy more benefits for a higher premium. If you have less savings you can buy less benefits for a lower premium. It's an equitable and affordable solution for those who want to plan ahead.

Nobody's Home

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Publisher : Cornell University Press
ISBN 13 : 9780801472619
Total Pages : 228 pages
Book Rating : 4.4/5 (726 download)

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Book Synopsis Nobody's Home by : Thomas Edward Gass

Download or read book Nobody's Home written by Thomas Edward Gass and published by Cornell University Press. This book was released on 2005 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: After caring for his mother at the end of her life, Thomas Gass took a job as a nursing home aide in a for-profit long term care home. This graphic, poignant & chilling book details his experiences in this 'warehouse' for the elderly & asks fundamental questions about care in American nursing homes.

Long Term Care Services in the United States: 2013 Overview

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Publisher : Government Printing Office
ISBN 13 : 9780160922619
Total Pages : 108 pages
Book Rating : 4.9/5 (226 download)

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Book Synopsis Long Term Care Services in the United States: 2013 Overview by : National Center for Health Statistics

Download or read book Long Term Care Services in the United States: 2013 Overview written by National Center for Health Statistics and published by Government Printing Office. This book was released on 2014-03 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: Long-term care services include a broad range of services that meet the needs of frail older people and other adults with functional limitations. Long-Term care services provided by paid, regulated providers are a significant component of personal health care spending in the United States. This report presents descriptive results from the first wave of the National Study of Long-Term Care Providers (NSLTCP), which was conducted by the Centers for Disease Control and Preventions National Center for Health Statistics (NCHS). This report provides information on the supply, organizational characteristics, staffing, and services offered by providers of long-term care services; and the demographic, health, and functional composition of users of these services. Service users include residents of nursing homes and residential care communities, patients of home health agencies and hospices, and participants of adult day services centers.

Louisiana Retirement and Estate Planning Sixth Edition

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Publisher :
ISBN 13 : 9780578545516
Total Pages : pages
Book Rating : 4.5/5 (455 download)

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Book Synopsis Louisiana Retirement and Estate Planning Sixth Edition by : John Sirois

Download or read book Louisiana Retirement and Estate Planning Sixth Edition written by John Sirois and published by . This book was released on 2019-07-15 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: