All Powers of Attorney Aren't Created Equal in Podcast Episode 44
So, you have a Power of Attorney. First of all - what kind of POA is it - financial, healthcare, living will, mental health, or all of the above? What is in it? How long ago was it drafted? Have any of your personal circumstances changed since it was originally done? If you can't answer all of these questions, it may be time to review your POAs, because if there are critical components missing, it can greatly affect someone's ability to carry out the wishes of an incapacitated loved one. We see this in our practice more often than we'd like to, and it can affect our ability to help both parties. This could potentially lead to long and expensive legal proceedings involving the courts. In episode 44 of the Second Half of Life podcast, long-term care planner Tammy Zilske explains more about the importance of having good quality POAs, and the possible consequences of having out-of-date or incomplete POAs, or none at all.
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 Podcasts, Spotify, TuneIn + Alexa, iHeartRadio, Stitcher, Podcast Addict, Google Podcasts, Podchaser, Deezer, Listen Notes, Bullhorn, Overcast, Pocket Casts, Castro, Castbox, Podfriend, Player FM, Podcast Index and Pandora.
Steinbacher, Goodall & Yurchak Announces Acquisition of Law Offices of Leslie Wizelman
Steinbacher, Goodall & Yurchak, an elder law and special needs law firm with locations in State College and Williamsport, Pa., is pleased to announce that it has acquired the Law Offices of Leslie Wizelman in Wyalusing and Wysox, Pa., effective May 3, 2021. The firm will continue to be known as Steinbacher, Goodall & Yurchak in all four locations.
Attorney Wizelman, who has practiced law in Bradford County since 1983, recently announced her retirement. Steinbacher, Goodall & Yurchak will assume control of all operations of Attorney Wizelman’s former offices in Wyalusing and Wysox. There will be no immediate changes to the staff, office locations or scope of legal services, as all five of Attorney Wizelman’s staff members will join the Steinbacher, Goodall & Yurchak team.
Legal services offered by Attorney Wizelman include but aren’t limited to long term care and asset protection planning, Medicaid planning and applications, estate planning, special needs planning, guardianships, care management, and estate administration – all of which are also offered by Steinbacher, Goodall & Yurchak, making for an easier and near seamless transition.
Medicaid Compliant Annuities as a Medicaid Qualification Tool the Subject of Podcast Episode 43
A common problem that many of our clients come to us with is how to qualify for Medicaid benefits if they have too many assets. One tool that our team uses is called a Medicaid Compliant Annuity. This is a financial product, much like other types of financial products such as life insurance, long-term care insurance, or an IRA, but it isn't something you can generally get at your neighborhood financial institution. Not every financial company sells these products, and the rules governing them can be quite complicated. Medicaid Compliant Annuities also aren't for everyone, as each individual or family's unique situation and goals largly dictate if and when we use it in a client's planning. In the Second Half of Life Podcast episode 43, long-term care planners Kristin Daugherty and Tammy Zilske talk about using Medicaid Compliant Annuities.
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 Podcasts, Spotify, TuneIn + Alexa, iHeartRadio, Stitcher, Podcast Addict, Google Podcasts, Podchaser, Deezer, Listen Notes, Bullhorn, Overcast, Pocket Casts, Castro, Castbox, Podfriend, Player FM, Podcast Index and Pandora.
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