Elder Law Today Podcast Show #13 Married Couple – Early Action Long Term Care Planning

In the first show of
Season 2 of his Elder Law Today Podcast, by listener request, Yale
Hauptman has modified the format and shortened the length of his
audio podcast. In a concise 10 minutes, Yale presents a common
scenario that many families today are faced with. Dad has just
recently been diagnosed with early stages of Alzheimer’s
Disease (you can substitute any other long term care illness because
the issues remain the same). What lies next for Mom and Dad? What
should the family be doing and when?

Yale runs through the
planning strategies that ought to be employed to insure the best care
possible for Dad, preferably at home rather than in a nursing home,
and also to protect Mom so that all their hard earned savings are not
spent on Dad’s long term care, leaving Mom with very little to
live on.

Yale provides an
overview of the long term care system, the benefit of setting aside
assets in trust and the various government benefits, including VA and
Medicaid, that may be able to play a role in Mom and Dad’s
journey through the long term care system. Learn why it is so
important to take these steps as soon as possible and why inaction
can be so costly.

Episode 13 is a can’t miss listen for families who are unsure what to do and where to
start.

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