Home Pack a Sweater: Preparing Boomers for Long Term Care by Mba MR Nichols Jd (ISBN: 9780988295025)

Stock Photo: Cover May Be Different

Pack a Sweater: Preparing Boomers for Long Term Care Paperback -

Name: Pack a Sweater: Preparing Boomers for Long Term Care Nichols JD,MBA, Mr. Wallace R
Price: 41.99 USD
Availability: InStock
Author: Nichols JD,MBA, Mr. Wallace R
ISBN: 9780988295025

by Mba MR Nichols Jd

Browse more copies for sale ↓

From the publisher

This work explores one of this generation's most complex and challenging issues: the issues underlying long-term care planning and incapacity planning, which are among the most pronounced issues of our time. I say this with confidence because, for the last 3 to 5 years, 10,000 people per day have reached the age of 65 years. This trend will continue for the next 5 to 10 years, until the baby boomer generation has become entirely elderly-in the year 2030. The roadmap for the work is as follows: The first macro-level is to define and discuss the problem(s) we are confronting in terms of the longevity crisis. I start by telling the reader about how I got involved in this line of work as a focus of my practice. I discuss why what seems like the most desirable way to age, in-place, can be anything but, unless one chooses to overlook the impact on one's family members. Next, I discuss incapacity preparedness issues. Then, I get into long-term care facts, from three perspectives: nationally, Georgia statewide, and in the Atlanta metropolitan area. So as not to leave the reader in a state of despair, up the creek and without a paddle, I transition to a search for solutions via the planning process. There, I discuss the analytical approach that is long-term care planning. The discussion then turns to Medicaid law in a nutshell. I look at paying for long-term care, the aging timeline and how insurance has impacted it and vice-cersa. Then, I go to the heart of the matter and speak of asset protection approach to LTC issues via Medicaid planning. At that point, I pull back a little and review some basic planning techniques, so that you understand why we tweak those into the more advanced strategies that become Medicaid Asset Protection Planning. For the not-faint of heart daredevils of this generation whose motto has always been and yet remains, "Live for Today," I've included a chapter on crisis planning to cover the cowboy way. Then, an overview of VA Aid and Attendance Pension Benefit Planning for war-time veterans or their surviving spouses is in order. Then, I get into long-term care and estate planning, and asset transfer strategies. That will bring us to the conclusion and my heart-felt thanks for taking this journey through the looking glass with me and a call to action to engage the stark reality that confronts our generation: outliving our money and doing something about it!

Details

Title Pack a Sweater: Preparing Boomers for Long Term Care
Author Mba MR Nichols Jd
Binding Paperback
Pages 218
Volumes 1
Language ENG
Publisher Wrnichols Law
ISBN 9780988295025 / 0988295024
Weight 0.62 lbs (0.28 kg)
Dimensions 8.5 x 5.5 x 0.5 in (21.59 x 13.97 x 1.27 cm)

About the author

Attorney Wallace R. Nichols' Estate Planning, VA Pension Planning, and Elder Law practice centers on wealth accumulation, asset protection, legacy planning, asset transfer strategies, and probate/fiduciary litigation. For over 20 years, Wally Nichols has successfully helped clients: develop wealth accumulation, protection and transfer strategies to ensure distribution of wealth in accord with clients' intentions; preserve their estates and legacies; and protect their rights against creditors and predators to the fullest extent of the law. Always striving to be the consummate professional, Wally puts his M.B.A. experience to work and provides clients with the the entire equation: Financial Advisory Services! Wally, his company, Asset Guidance Group, LLC, and its affiliates provide fully transparent financial services, strategic, tactical and third-party managed advisory solutions, and backup research resources. Wally is a Member of WealthCounsel(r), ElderCounsel(r), is an accredited practitioner before the United States Department of Veterans Affairs, the National Association of Elder Law Attorneys, the American Association for Justice, the National Association of Consumer Advocates, the 9th and 11th United States Circuit Courts of Appeal, the U.S. District Court of Arizona, the U.S. Bankruptcy Court of the District of Arizona, the U.S. District Courts for the Northern and Middle Districts of Georgia and associated Bankruptcy Courts, and the District of Columbia. Wally is also licensed by the States of Arizona and Georgia to sell Life, Variable and Indexed Annuities, Variable and Indexed Life products, and Health Insurance. Wally is recognized by the Financial Industry Regulatory Authority ("FINRA," formerly the National Association of Securities Dealers) as a qualified Broker and Investment Adviser. FINRA is the organization responsible for self-regulating securities industry participants, including stock brokers, brokerage firms, and exchanges such as NASDAQ. Wally became FINRA qualified to act as a General Securities Representative by successfully completing the Series 7 and 66 examinations required by FINRA."