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Follow on Google News | Avoid losing your Retirement Money to a Nursing Home or Medicaid EventSeminar will be run by Les Robinson and Andrew Meier topic will be How to Protection your Money from Medicaid
By: Les Robinson CLTC Learn How to Protection your Money from Medicaid January 6, 2017 WSM Elder Law 10:00 am to 11:00 am 6408 Dysinger Rd Lockport, NY 14094 Learn the following education information • How to protect your Retirement money from a nursing home or Medicaid event • How to protect your Personal Choices • Avoid losing your financial Independence • Learn how to avoid the look back period • How much of your assets are subject to Medicaid recovery • Learn how to avoid the penalty period • Learn how to develop a long term care plan to protect your money Advance registration encourage Call our office at 716-638-7026 Free & open to the public This is an educational conference No product or services were be sold Cost of Long Term Care can wipe out your retirement money by Les Robinson CLTC For the elderly the need for long-term care is probably the most catastrophic unexpected event that could happen. This is because the need for long-term care typically removes any level of security an elderly person may have with the three major lifestyle concerns mentioned below. With the need for long-term care the older person: 1. Loses independence 2. Has experienced a loss of good health 3. Uses up remaining assets and income No other late-life event can be as devastating to the lifestyle the elderly are so concerned about maintaining. No wonder many elderly care recipients withdraw, become angry and suffer from severe depression. Call Les on Long Term Care Insurance 1-800-875-0140 or get a quote at www.lesltc.com If living longer is one of the great success stories of medicine and lifestyle changes, failing to plan for later-life care is one of the great failures. Relatively few people have any kind of plan for how they will take care of themselves or their spouses in old age. And even those who have been thoughtful are not likely to have set aside adequate resources to provide care that can easily top $100,000 a year. The average cost for Long Term Care The national average cost for a nursing home runs into over 8,500 to 14,000 a month. The average cost of home care is about 20 dollars an hour. This could be more or less, depending on the state in which you live. With the average length of stay for current residents in nursing homes is 18 months Further, many patients require post-acute institutional skilled or custodial care, which could add hundreds of thousands of dollars to the bill. Remember custodial care is home care which is not covered by Medicare or Medicaid Key Topics: • How to review your Long Term Care Policy and maximize your benefits • How to handle the claim process • Avoiding losing your assets to Medicaid • How to review your legal plan • How to review your insurance and financial plan • How to understand basic tax planning • How to plan with a Special Needs Child in your care • How to run a family meeting • How to reduce cost in your Long Term Care Event Call Les on LTC Planning at 1-800-875-0140 or www.lesltc.com to get help with developing your Long Term Care Plan End
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