If you are planning ahead or need long-term care services now, what’s the best way to receive care? If a nursing home is not the preferred option, how can your resources be applied to other living arrangements, including senior housing, assisted living facilities or your own home? In this program, elder law attorney Frank Hemming is joined by special guests Bob Vandy, President of Advisors Insurance Brokers and Frank Melia, Division Manager at Contour Mortgage to explore creative planning techniques to cover LTC costs and retain independence.
1. Consider Long-Term Care Insurance
Hybrid v. Traditional policies - pros and cons
If you have an existing policy, how do you use it in conjunction with Medicaid?
2. Make the Most Out of Your Property and Assets
Use of home equity, reverse mortgages
RMDs - tapping distributions from IRAs to supplement costs of care
For more information, request a consultation or register for upcoming Medicaid Mondays, visit pierrolaw.com or email us at info@pierrolaw.com
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