Podcast Episode 10 Answers the Question, What's in Your Estate Planning Toolbox?
The process of estate planning can vary greatly from individual to individual and family to family. No two estate plans are the same, or at least, they probably shouldn't be. There are several tools that can be used in estate planning, and which ones should be used by different people vary. In episode 10 of the Second Half of Life podcast, "What's in Your Estate Planning Toolbox?," Attorney Landon Hodges and Long-Term Care Planner Kristin Daugherty take a look at some of these tools that will assist people in planning for their second half of life. Among several items, they discuss which documents everyone needs for estate planning, why a Power of Attorney may not be enough, beneficiary designations, advantages and disadvantages of transferring assets into a trust, special needs planning and ABLE accounts, and why pre-planning for long-term care costs provides the best options.
This episode is an audio recording of a virtual seminar originally presented on June 10, 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 Podcasts, Spotify, TuneIn + Alexa, iHeartRadio, Stitcher, Podcast Addict, Google Podcasts, Podchaser, Deezer, Listen Notes, Bullhorn, Overcast, Pocket Casts, Castro and Castbox.
My Loved One Needs In-Home Care — Where do I Receive the Help I Need?
We all want to stay home for as long as possible, even after a health care crisis or dementia diagnosis. The good news is that there are programs available to keep the ones you love at home without going broke in the process. However, navigating the process is overwhelming and sadly, many individuals end up in a nursing home before the process is complete.
At Steinbacher, Goodall & Yurchak, we are always surprised how few people know about the Community Healthchoices (CHC) Waiver program (previously the Aging Waiver program or the PDA Waiver program). CHC Waiver is a program designed to keep individuals – age 60 and over – in their homes as an alternative to skilled nursing home care. These services include home health services (caregivers), specialized medical equipment, meals, personal emergency response systems, and even home modifications.
Working with a knowledgeable Certified Medicaid Planner™ is the first step when applying for in-home care. The application process is time consuming and requires advocacy to ensure your application is completed in a timely manner. A Certified Medicaid Planner™ can expedite the process and eliminate frustrations.
Dealing with and Managing Alzheimer's and Dementia Subject of Podcast Episode 9
Alzheimer's is one of several forms of Dementia, and a diagnosis of such can devastate an individual's of family's finances, not to mention having an emotional or several other tolls on the family. But, it doesn't have to be this way. In episode 9 of the Second Half of Life podcast, "If the Diagnosis is Dementia," Attorney Brittany Smith and Long-Term Care Planner Tammy Zilske talk about the numerous community resources that are out there and available for both an individual that receives such a diagnosis, as well as the family and caretakers. They also discuss caregiving tips, answers to top questions about legal, tax, financial and care concerns, how to access government benefits to help pay for care, and much more.
This episode is an audio recording of a virtual seminar originally presented on June 3-4, 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 Podcasts, Spotify, TuneIn + Alexa, iHeartRadio, Stitcher, Podcast Addict, Google Podcasts, Podchaser, Deezer, Listen Notes, Bullhorn, Overcast, Pocket Casts, Castro and Castbox.
After listening to this podcast, if you're interested in learning even more about this subject, you can download a free electronic version of You're Not Alone, Living with Dementia, written by our firm's founding shareholder, Julie Steinbacher. We'd also be happy to mail you a free hard copy of this book. You can request one by calling 1-800-351-8334.
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