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Planning for Your Second Half of Life

When you are ready to choose a law firm to help you with your planning, choose the firm that is willing to provide and stand behind the most comprehensive and thorough eldercare planning available: Steinbacher, Goodall & Yurchak.

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Episode 8 of the Second Half of Life Podcast is now available. In this episode, titled "How Your Business or Family Can Benefit in a Low-Interest Rate Environment," Attorneys Julie Steinbacher and Landon Hodges, and Jason Nickerson, CFP®, from John G. Ullman & Associates, discuss Grantor Retained Annuity Trusts (GRATs), an estate-planning tool that can be used for taking advantage of low interest rates. It can be utilized for either business owners or individuals/families. Among the topics discussed are how to utilize and structure a GRAT for unique life events, how to optimize a GRAT after one maxes out their federal estate and gift tax exemptions, how family business owners can benefit from a GRAT as part of their succession plan, and how to strategically set GRAT terms for appreciating assets. William Post of John G. Ullman & Associates moderates the discussion. 

This episode is an audio recording of a virtual seminar originally presented on June 9, 2020. This and other episodes of the Second Half of Life podcast can be accessed on the Steinbacher, Goodall & Yurchak website, as well as on several podcast directories. The podcast is also available on most podcast platforms, including Apple PodcastsSpotifyTuneIn + Alexa, iHeartRadioStitcherPodcast AddictGoogle PodcastsPodchaserDeezerListen NotesBullhornOvercastPocket CastsCastro and Castbox.

Five attorneys from Steinbacher, Goodall & Yurchak, an elder law firm with locations in Williamsport and State College, have been named 2020 Super Lawyers® and Rising Stars. Attorney Julie Steinbacher, the founding shareholder of Steinbacher, Goodall & Yurchak, and Attorney Amos Goodall were both named Super Lawyers, which represents the top five percent of practicing attorneys in each state. Attorneys Jenna Franks, Landon Hodges and Brittany Smith were named Rising Stars. 

Produced and compiled by Thomson Reuters, Super Lawyers is a rating service of outstanding lawyers from more than 70 practice areas who have attained a high-degree of peer recognition and professional achievement. The selection process is patented and multiphased, and includes independent research, peer nominations and peer evaluations. Selections are made annually and on a state-by-state basis. More information on the selection process is available here

The Rising Stars selection process is the same as that for Super Lawyers, with one key difference: candidates must be either 40 years old or younger or in practice for 10 years or less. All attorneys first go through the Super Lawyers selection process, with those not selected as Super Lawyers but meeting either of one of the Rising Stars eligibility requirements remaining eligible for the Rising Star designation. While up to five percent of the lawyers in the state are named to Super Lawyers, Rising Stars represent no more than 2.5 percent of lawyers in each state.

Episode 7 of the Second Half of Life Podcast is now available. In this episode, titled "What's New in Elder Law in 2020 - Part 2," Attorney Brittany Smith discusses some of the recent changes to laws affecting those in their second half of life, with a focus on policies that could affect long-term care planning and estate administration. These changes are important for all current and future clients to know about if they wish to safeguard their financial futures. Among the legal topics also reviewed are different types of Powers of Attorney, Last Will and Testament, and why it is important to review current Powers of Attorney and Last Wills and Testaments already in place periodically, ways to pay for long-term care while also protecting assets, trusts and more. This episode is a follow-up to Episode 3, "What's New in Elder Law in 2020 - Part 1, which featured Attorneys Julie Steinbacher and Landon Hodges discussing recent changes to laws with a focus on estate and wealth protection planning (also available on YouTube).

This episode is a recording of a virtual seminar presented exclusively to the firm's current clients May 19-20, 2020, and it is now being made available for everyone. A video of the presentation, complete with PowerPoint slides, can also be viewed on YouTube.

This and other episodes of the Second Half of Life podcast can be accessed on the Steinbacher, Goodall & Yurchak website, as well as on several podcast directories. The podcast is also available on most podcast platforms, including Apple PodcastsSpotifyTuneIn + Alexa, iHeartRadioStitcherPodcast AddictGoogle PodcastsPodchaserDeezerListen NotesBullhornOvercastPocket CastsCastro and Castbox.

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