Protecting Assets When Faced With A Nursing Home Admission -

Feb. 16, 2008 - PRLog -- The Commonwealth Advisory Group in Dedham, providing professional guidance to seniors and their families with regard to asset preservation and Medicaid regulations prior to nursing home admission, will hold a FREE seminar on February 26, 2008 at 11 a.m. at Stafford Hill Assisted Living, 60 Stafford Street in Plymouth.

Protecting Assets and Qualifying for Medicaid
Attorney Philip Amaru and Executive Director Laureen Vaughn of Commonwealth Advisory Services will provide a one-hour presentation on the topic of how to protect assets from the high costs of nursing home care.  Attorney Amaru will discuss the steps that may be taken in the case of an immediate need, as well as steps that ensure future assets are protected should the circumstance of nursing home admission ever arise.  
Attendees will also learn about Medicaid regulations and how to qualify for Medicaid.

“Nursing home costs can be as high as $10,000 per month.  During our seminar, in addition to asset preservation, we discuss how monthly nursing home costs can be reduced drastically and that ‘spending down assets’ is not necessary for benefit qualification.  There are ways to preserve everything that you or your loved one has worked a lifetime for and that’s where we come in,” noted Amaru.

Attorney Amaru and Ms. Vaughn speak to a variety of audiences about asset protection including Councils on Aging, nurses and other health professionals, Certified Professional Accountants, unions and elder service agencies.  Recent speaking engagements include Milton Hospital; The Southeastern Area Department of Mental Health Committees and the Friends of Taunton State Hospital’s Caregiving for the Aging Mental Health Population.

For more information about this seminar, or to book a seminar, contact Laureen Vaughn at 800-705-1415.

Asset Preservation Planning
For 16 years, the Commonwealth Advisory Group has helped over 1,500 clients save their assets (which includes property, gifted assets, retirement accounts, insurance policies, investments and savings) prior to and during an admission to a nursing home.  Unlike financial planners, Commonwealth Advisory Group specializes in asset preservation for elders and their families.

In addition to providing asset protection services to clients, Attorney Amaru and Executive Director Laureen Vaughn serve as educational speakers for hospitals, elder agencies and businesses throughout Southeastern Massachusetts.   Commonwealth Advisory Group has appeared with Jordan Rich of WBZ News Radio 1030 in variety of seminars on the topic of Senior Asset Protection.

Attorney Amaru is a member of the National Academy of Elder Law Attorneys; the National Network of Estate Planning Attorneys; the Massachusetts Academy of Trial Attorneys; the Massachusetts Bar Association and the American Bar Association.
   
Commonwealth Advisory Group is located just off Route 128 at 3 Allied Drive, Ste. 125, Dedham, MA.  For more information, contact 800-705-1415 or visit www.CommAdvise.com.