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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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If you've ever had to help place a family member into a nursing home or other assisted living facility, chances are you may have heard about something called the Medicaid five-year lookback? If you don't have any experience with a loved one being in a nursing home, then we certainly hope that you won't need to in the future. However, statistically, one in five people will need long-term care at some point in their life. So, before you or a loved one have an unexpected health crisis that results in a need for long-term care, it would probably pay to be aware of this five-year lookback for Medicaid - in the form of being able to retain more of your own assets for your estate. 

Thankfully, our firm's two long-term care planners, Kristin Daugherty and Tammy Zilske, who are also two of only a few handfuls of Certified Medicaid Planners in all of Pennsylvania, prepared a brief podcast that explains the five-year lookback, and what you need to do to prepare for it if you'd like to hold onto your assets and shield them from potential future long-term care costs. In the Second Half of Life Podcast episode 41, which runs just over 11 minutes, Kristin and Tammy talk about the significance of the five-year lookback and why it is critially important to begin planning for long-term care well before the need arises. 

All episodes of the Second Half of Life Podcast can be found on the Steinbacher, Goodall & Yurchak website, as well as on most podcast directories, which includes Apple PodcastsSpotifyTuneIn + Alexa, iHeartRadioStitcherPodcast AddictGoogle PodcastsPodchaserDeezerListen NotesBullhornOvercastPocket CastsCastroCastboxPodfriend, Player FM, Podcast Index and Pandora

Steinbacher, Goodall & Yurchak, an elder law and special needs law firm with locations in State College and Williamsport, is pleased to announce the addition of Megan Ingram-French to its staff as an associate attorney. A 2020 summa cum laude graduate of Penn State Law School, Megan will work out of the firm's State College office and will primarily work in the wealth protection department. 

Megan graduated fourth (of 115) in her law school class, where she served as a senior editor of Penn State Law Review, and the recipient of several CALI Excellence for the Future Awards. She was also named to the Woolsack Honor Society and the Phi Delta Phi International Legal Honor Society, and was a Law Lion Ambassador. Megan was a 2017 magna cum laude graduate of the Smeal College of Business at Penn State and holds a B.S. in Finance. 

Megan previously served as a legal assistant at Steinbacher, Goodall & Yurchak for two years while in law school, working primarily with Attorney Amos Goodall out of the firm's State College office, where she helped draft estate planning documents such as trusts, wills, powers of attorney and deeds, as well as guardianship petitions, and also attended numerous attorney-client meetings for estate planning, special needs planning and Medicaid planning. 

Estate planning is a vast topic, with several different areas and things to consider when putting together a comprehensive estate plan. In many past podcast episodes, we have featured a few of these areas in each. But if you were looking for a one-stop shop where you could take in everything you needed to know about making an estate plan, then episode 40 of the Second Half of Life Podcast is for you. In this episode, titled "The Basics of Estate Planning," Attorney Julie Steinbacher gives our most comprehensive presentation yet about the many aspects of estate planning. She uses several personal stories and anecdotes from her nearly 20 years of practice as an elder law attorney, social worker and long-term care facility owner, to relate to the audience and impress the importance of each individual part of an estate plan.

The Second Half of Life Podcast is also now available on Pandora. Visit the Pandora website to find it there, or find it on your Pandora mobile app. 

All episodes of the Second Half of Life Podcast can be found on the Steinbacher, Goodall & Yurchak website, as well as on most podcast directories. In addition to Pandora, these also include Apple PodcastsSpotifyTuneIn + Alexa, iHeartRadioStitcherPodcast AddictGoogle PodcastsPodchaserDeezerListen NotesBullhornOvercastPocket CastsCastroCastboxPodfriend, Player FM, and Podcast Index

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