Podcasts about spend down

Estimate LTC insurance premiums here: Ask a question here:   Listen to more podcast episodes here:   What your state let's you keep:   Schedule a phone or Zoom meeting here:   

This week, a client emailed me an article from Moneywise's retirement section that discussed Medicaid estate recovery. Read the article here -  The reason we plan is so that Medicaid won't take our house or impoverish our family. This link shows what different states let us keep and still qualify for Medicaid to pay for our care - There are several ways to protect against the risk of needing help living at some point in our lives.   Many people think, "I'm healthy. Why would I need long term care assistance?" A lot of times, we don't need help because we're sick.  It's because we get old and become more frail.  It's hard to imagine we may be frail at some point, but our aging parents used to be stronger and more agile than they are today.  Why would we be any different if we live a long life? We need to prepare today for that day when life gets more complicated and difficult for us and for our families. No one really wants to rely on the state for care and be "put" into a Medicaid bed in a nursing home.  We want to stay in control throughout our lives. Having a plan that uses some insurance and some savings/income wil help us to maintain that control  We are paying for our own care, so we get to decide where that care will be provided. Given a choice, it won't be in a nursing home.  And the state won't be involved in out financial plan. Let me help you prepare for your tomorrow today, whle you are yong enough and healthy enough to obtain a LTC plan that meets your unique needs. Schedule    

In this video, we'll discuss how to optimize the tax efficiency of your retirement withdrawals. New Retirement: https://go.robberger.com/new-retireme...Many retirees have up to three account types: taxable, tax-deferred (e.g., traditional IRA), and tax-free (Roth IRA or HSA). The conventional wisdom tells us to spend the taxable accounts first, then the tax-deferred, and finally the tax-free. It turns out that this approach is rarely optimal.By making a few adjustments to the conventional approach, particularly in early retirement, we can increase our after-tax spending and the longevity of our portfolio.Join the Newsletter. It's Free:https://robberger.com/newsletter/?utm...

FootballTransfers co-founder Paul Macdonald joins Duncan Castles andRonan Murphy for a Transfers Podcast deadline special.+ Real Madrid pursue Rodri+ Ugarte deal details+ Man Utd secure €30.5m for McTominay+ Sancho to Chelsea, Juve; Sterling to Man Utd?+ Chelsea, Al Ahli pursue Osimhen, Toney+ Napoli under pressure as PSG refuse to bid+ Liverpool play long game to win League+ Chiesa a bargain buy?+ Soler wants West Ham move+ Brobbey reluctant to join Forest+ Tottenham's sustained spend+ Kepa takes big pay cut to join Bournemouth+ Premier League spend down 40%+ Saudi strategy hurts Europe+ Everyone bets on youth+ Is PSR good for the game?+ Escaping bad deals+ Hero + BoehlyThe Transfers Podcast, powered by FootballTransfers.comJoin Duncan Castles and insiders from across the game for exclusive newsand in-depth analysis of football's biggest stories.WhatsApp: https://www.whatsapp.com/channel/0029VadK7lI3LdQV9V3QhY47https://x.com/DuncanCastles'The Transfers (Where Everyone's Going to Go)': Music + Lyrics by David L00:00 Intro01:22 Rodri08:12 Manuel Ugarte12:14 Scott McTominay14:33 Sancho-Sterling19:42 Conor Gallagher22:04 Kepa23:44 PSR swaps29:25 Chelsea32:26 Spending down38:13 Saudi strategy44:07 PSG48:39 Osimhen or Toney59:58 Liverpool01:08:22 Arsenal & Tottenham01:11:16 Carlos Soler01:14:18 Ajax01:19:17 Hero + Boehly01:23:06 'The Transfers' Hosted on Acast. See acast.com/privacy for more information.

Tom shared that there is dementia in his wife's family but not in his.  He wants a policy for her but doesn't think he'll need one. My mom's husband said the same thing several years ago, and now he has dementia, at age 68.  She's going to be upset that I am sharing this, but it's so important to consider how your decisions affect your family. You may never need long term care services, but what if you do? Who is going to have to step up and change their lives to help you and for how long? Who is going to decide where you're going to have to live? Who is going to have to sell all your stuff to qualify you for Medicaid? Who is going to sacrifice their future to keep you out of a Medicaid nursing home? All because you never thought you woudl need help someday... There are plans that pay your family back if care is never needed, so why not use some of your money to protect the rest while you're protecting your family from being forced to choose between multiple bad options to meet your needs? Schedule with me to start designing your plan at    

We all understand the importance of saving money for retirement.  But how do we  actually turn those savings into dependable income throughout retirement?  Scott and Dave Ross discuss this topic and more on this episode of America's Retirement Headquarters. Learn more about America's Retirement Headquarters online.  Follow us on Facebook, YouTube and LinkedIn for even more helpful insights you can use for retirement.See omnystudio.com/listener for privacy information.

Purchase an irrevocable funeral plan as part of your Medicaid spend-down plan. -- I love comments. I make these videos specifically to help people with no expectations. Please take a second and say ‘Hi' in the comments and let me and know what you thought of the video… and p.s. It would mean the world to me if you hit the subscribe button.

What is a Medicaid spend down?? Does it mean my mom is guaranteed to qualify for Medicaid after she spends down her money? If you've started your search for senior living and care and are concerned about finances… it's likely you've heard the word Medicaid and the phrases straight Medicaid and the Medicaid spend down. But what exactly does this mean for your mom or dad?? In this episode we're talking about  Medicaid and the Medicaid Spenddown and how it could affect your search for senior living and care.     CLICK HERE for our DOABLE DOWNLOAD with FULL SHOW NOTES   Follow us on INSTAGRAM for more doable tips!   Need help finding senior living or care? BECOME A CLIENT TODAY!   Would you like to share your story and be a guest on our show?  Email us at familytalk@desperatelyseekingseniorliving.com www.desperatelyseekingseniorliving.com      

Should you rely on your retirement savings to kick off income and never touch your principle? We talk about creating income from your 401(k) and the idea of spending some of your principle. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.

Why is “spend down” a dirty phrase in the financial world? Can anyone really tell me what a fiduciary is? Batman has lost Robin at Berkshire Hathaway. New ideas from the Senate and the White House to save your retirement money. Ron Barron explains his plan to beat inflation. Subscribe or follow so you never miss an episode! Learn more at GoldenReserve.com or follow on social: Facebook, LinkedIn and YouTube.See omnystudio.com/listener for privacy information.

Jul 13, 2023 – Dr. Ed Yardeni, president and chief investment strategist at Yardeni Research, joins FS Insider to discuss his bullish outlook on the US economy and stock market. Ed explains how the US already experienced a 'rolling recession'...

We'll explore how spend-down retirement planning really works. Can you count on a spend-down plan? Are there better options? Is the 4% rule still valid in this crazy market? Don't you think it's time to ask the right questions and get honest answers?Join me each week for a FREE education on how to keep your retirement safe, REALLY safe!www.SafeMoneyRetirement.com 

Purchase a Medicaid-compliant annuity as a Medicaid spend-down strategy. -- I love comments. I make these videos specifically to help people with no expectations. Please take a second and say ‘Hi' in the comments and let me and know what you thought of the video… and p.s. It would mean the world to me if you hit the subscribe button.

We continue our series on “Spending Down”. Ann Krumboltz ran the Brainerd Foundation for years. She joins the podcast and talks about her experience at the Brainerd Foundation, explains why they chose to spend down, and how they evaluated their grants. Ann is the Brainerd Foundation's executive director. Join us as we discuss the insights she has gained from her 30 years of charitable experience! Episode Highlights:Ann's personal journey into philanthropyCan you have a lasting impact when you spend down?Why the Brainerd Foundation chooses to spend down.Seven Key lessons Ann has learned in her 30 years of experience. Ann Krumboltz Bio:Having been a grantee herself for many years, Ann believes a foundation should be an accessible and thoughtful partner to the community it serves. She oversees the Brainerd Foundation's administrative, management, financial, and programmatic work, in partnership with her colleague Keiki Kehoe. Ann also serves as the primary program officer for the foundation's Conservation Capacity grants. Ann and Keiki share the implementation of the foundation's Sunset Initiatives, as well as oversight of the foundation's place-based work in Central Oregon.Prior to joining the Brainerd Foundation, Ann worked for the Energy Foundation and several national environmental, arms control, and consumer organizations. She enjoys hiking, theater, travel, reading nonfiction, and pilgrimages to the gym. She has served on a variety of boards and volunteers for electoral and civic endeavors. She recently acquired an old house she shares with her partner Steve, which requires them to begrudgingly embrace the perpetual joy of home repair.Links: Center for Effective Philanthropy: https://cep.org/assessments/grantee-perception-reportLinkedin: https://www.linkedin.com/in/ann-krumboltzArticle: https://www.alliancemagazine.org/feature/sense-of-urgency-prompts-brainerd-sunsetIf you enjoyed this episode, listen to these as well:https://www.doyourgood.com/blog/120-Bruce-Louriehttps://www.doyourgood.com/blog/119-To-Spend-Down-or-Nothttps://www.doyourgood.com/blog/110-Laura-MacDonaldCrack the Code: Sybil's Successful Guide to PhilanthropyBecome even better at what you do as Sybil teaches you the strategies as well as the tools, you'll need to avoid mistakes and make a career out of philanthropy through my new course, Crack the Code!In this new course, you'll gain access to beautifully animated and filmed engaging videos, and many more! Link for the wait list for the Philanthropy Accelerator https://www.doyourgood.com/Philanthropy-Accelerator-Mastermind-WaitlistLink to the nonprofit email sign-up to connect https://www.doyourgood.com/ticket-to-fundraisingCheck out her website with all the latest opportunities to learn from Sybil at www.doyourgood.com. Connect with Do Your Goodhttps://www.facebook.com/doyourgoodhttps://www.instagram.com/doyourgoodWould you like to talk with Sybil directly?Send in your inquiries through her website https://www.doyourgood.com/ or you can email her directly at sybil@doyourgood.com!

Dr. Bruce Lourie shares why the Ivy Foundation has made the choice to spend down. He explains why the Ivey foundation decided to spend down and his tips to making the most impact possible. Episode Highlights:Bruce's personal journey into philanthropyThe reasons why a family foundation decides to spend downThe best grant-making strategies to choose when you are spending down.The unexpected twists and turns of spending down. Dr. Bruce Lourie Bio:Dr. Lourie is one of Canada's most influential leaders and experts on climate change and the transition to a net-zero economy. Best known for his ability to rethink climate problems and develop solutions that benefit both the economy and the environment, he has been instrumental in creating more than a dozen organizations that play a critical role in Canada's transition to a net-zero economy, including Canadian Climate Institute, the Institute for Sustainable Finance, Farmers for Climate Solutions, Efficiency Canada and The Transition Accelerator. His focus at Ivey Foundation is the Economy and Environment program, which provides funding to these net-zero focused organizations, among others. He also liaises with government, industry, ENGOs and the business community to ensure Canada achieves net-zero by 2050 while remaining economically competitive.An engaging and lively spokesperson, Dr. Lourie has a unique ability to translate complex issues into timely and actionable information in both print and broadcast interviews alike and has been interviewed by most major Canadian news outlets. Dr. Lourie is also an experienced and in demand speaker, and has spoken at events such as Global Salmon Initiative's COP26 Panel, The Trottier Symposium and the 2021 Calgary Climate Symposium, where he gave the keynote address.In addition to his influential role in pushing Canada towards net-zero by 2050, Dr. Lourie also initiated the largest climate action in North America, the phasing out of coal in Ontario, and helped shepherd the Canadian Boreal Forest Agreement and establish of the Ontario Greenbelt. He is also the co-author of two books, Toxin Toxout and Slow Death By Rubber Duck, an international bestseller. Dr. Lourie holds a Ph.D examining the intersection of risk, science and policy. Links: Ivey Foundation: https://www.ivey.orgCalifornia Endowment https://www.calendow.org/Report: Building Healthy Communities: A Decade in Review November 2020: https://www.calendow.org/app/uploads/2021/04/The_California_Endowment_Decade_In_Review_2010_2020_Executive_Report.pdfIf you enjoyed this episode, listen to these as well:https://www.doyourgood.com/blog/119-To-Spend-Down-or-Nothttps://www.doyourgood.com/blog/109-why-people-givehttps://www.doyourgood.com/blog/61-lisa-holtanCrack the Code: Sybil's Successful Guide to PhilanthropyBecome even better at what you do as Sybil teaches you the strategies as well as the tools, you'll need to avoid mistakes and make a career out of philanthropy through my new course, Crack the Code!In this new course, you'll gain access to beautifully animated and filmed engaging videos, and many more! Link for the wait list for the Philanthropy Accelerator https://www.doyourgood.com/Philanthropy-Accelerator-Mastermind-WaitlistLink to the nonprofit email sign-up to connect https://www.doyourgood.com/ticket-to-fundraisingCheck out her website with all the latest opportunities to learn from Sybil at www.doyourgood.com. Connect with Do Your Goodhttps://www.facebook.com/doyourgoodhttps://www.instagram.com/doyourgoodWould you like to talk with Sybil directly?Send in your inquiries through her website https://www.doyourgood.com/ or you can email her directly at sybil@doyourgood.com!

If you are donating to worthy causes, I am guessing you've asked yourself whether to give it all away in your lifetime, or over a set period of time. This is what's called “spending down” in philanthropic circles. This month Sybil is going to investigate the right conditions to spend down, versus the benefits of investing your assets so that you keep giving to the cause you care about in perpetuity. Whether one of these strategies is better than the other is hotly debated in philanthropic circles. Sybil works with both types of philanthropic clients - the spend-down kind and the in-perpetuity kind - and she is here to tell you that there is no one right way here, just a series of pros and cons depending on how you want to show up for the cause you care about and the nonprofits you support.There is already a lot of material out there that discusses the issue of spending down but most of it is too strident about one way that is the “right” way to go. That's why Sybil is entering the fray to talk overall about the pros and cons so you can decide for yourself what's best for you.Episode Highlights:Top two indications you may be leaning towards an in-perpetuity strategy.Top two indications you may instead be leaning towards a spend-down strategy.When to choose an in-perpetuity strategyWhen to choose a spend-down strategySybil Ackerman-Munson Bio:With over 20 years of experience as a nonprofit professional and foundation advisor, I work with philanthropic institutions and foundations interested in successful, high-impact grant making, so you can make a true and lasting positive contribution to the world on your terms.Links:New Your Times Article of Interest https://www.nytimes.com/2009/11/12/giving/12SPEND.html The reasons for spending down from the Ivey Foundation https://www.theglobeandmail.com/business/article-ivey-foundation-endowment-climate-change/Beyond the 5% report https://ncg.org/sites/default/files/resources/Beyond_5%25_Report.pdfSD Bechtel Jr Foundation, Setting the Course https://www.ncfp.org/wp-content/uploads/2021/01/Sooner-Rather-Than-Later_-Chapter-1-Bechtel-2019.pdfGeo Blog, What does it take to spend down successfully https://www.geofunders.org/resources/what-does-it-take-to-spend-down-successfully-669If you enjoyed this episode, listen to these as well:https://www.doyourgood.com/blog/69-patton-mcdowellhttps://www.doyourgood.com/blog/109-why-people-givehttps://www.doyourgood.com/blog/110-Laura-MacDonaldCrack the Code: Sybil's Successful Guide to PhilanthropyBecome even better at what you do as Sybil teaches you the strategies as well as the tools, you'll need to avoid mistakes and make a career out of philanthropy through my new course, Crack the Code!In this new course, you'll gain access to beautifully animated and filmed engaging videos, and many more! Link for the wait list for the Philanthropy Accelerator https://www.doyourgood.com/Philanthropy-Accelerator-Mastermind-WaitlistLink to the nonprofit email sign-up to connect https://www.doyourgood.com/ticket-to-fundraisingCheck out her website with all the latest opportunities to learn from Sybil at www.doyourgood.com. Connect with Do Your Goodhttps://www.facebook.com/doyourgoodhttps://www.instagram.com/doyourgoodWould you like to talk with Sybil directly?Send in your inquiries through her website https://www.doyourgood.com/ or you can email her directly at sybil@doyourgood.com!

If you are donating to worthy causes, I am guessing you've asked yourself whether to give it all away in your lifetime, or over a set period of time. This is what's called “spending down” in philanthropic circles. This month Sybil is going to investigate the right conditions to spend down, versus the benefits of investing your assets so that you keep giving to the cause you care about in perpetuity. Whether one of these strategies is better than the other is hotly debated in philanthropic circles. Sybil works with both types of philanthropic clients - the spend-down kind and the in-perpetuity kind - and she is here to tell you that there is no one right way here, just a series of pros and cons depending on how you want to show up for the cause you care about and the nonprofits you support.There is already a lot of material out there that discusses the issue of spending down but most of it is too strident about one way that is the “right” way to go. That's why Sybil is entering the fray to talk overall about the pros and cons so you can decide for yourself what's best for you.{You can hear the full episode on Monday, March 6th}

On this week's Money Matters, Scott and Pat explain why they sometimes advise callers to spend down their savings. You'll hear them help a New York man who wants to know what he should do with $250,000 of profit from a home sale. A California man asks whether he should cash out dividends or reinvest them. Finally, a fellow Allworth advisor joins Scott and Pat to help listeners overcome the fear of financial planning.   Join Money Matters:  Get your most pressing financial questions answered by Allworth's CEOs Scott Hanson and Pat McClain live on-air! Call 833-99-WORTH. Or ask a question by clicking here.  You can also be on the air by emailing Scott and Pat at questions@moneymatters.com. Download and rate our podcast here.

Here is Frank Bruno's daily dose of elder law. Elder Law attorneys help their clients facing incapacity, paying for long-term care, or settling an estate. Find us on the web! For more information visits my website at https://www.frankbrunolaw.com Schedule a free telephone consultation on our Website at https://frankbrunolaw.apptoto.com// Say Hi on Social: Visit my Instagram page at https://www.instagram.com/frankbrunoesq/?hl=en Visit my Facebook page at https://www.facebook.com/LawOfficeofFrankBrunoJr/ Visit my Linkedin page at https://www.linkedin.com/in/frank-bruno-2aa14799/ Visit my Twitter page at https://twitter.com/_frankbrunolaw Website: https://www.frankbrunolaw.com What we do at our offices: Wills, Trusts, Estates, Powers of Attorney, Nursing Home Medicaid, Long Term Care Planning, Guardianship, Real Property transfers & Probate Frank Bruno, Jr. is an Elder Law and Special Needs lawyer with years of experience handling these types of cases. He is extremely active in the Queens, New York Community, the Queens County Bar Association, and New York State Bar Association and is frequently invited to speak at events about Elder Law. If you'd like to learn more about Elder Law, Medicaid planning, Guardianship, Special Needs Trusts, or Probate law contact the Law Office of Frank Bruno, Jr. today at 718-418-5000. Thank you for listening! Eldercare law is really an umbrella term encompassing multiple areas of law. Some elder care attorneys handle subjects that most people know something about, such as probate, guardianship, estate planning. Other eldercare lawyers focus their practice on other areas of law such as special needs planning, VA benefits planning, and Medicaid planning. So, what is Medicaid planning? Medicaid planning is a way to protect people's assets from the threat of long-term care expenses. Many clients are between 65 and 95, own their own homes, and have between $25,000 and $750,000 worth of assets in addition to the house. What many people don't realize is exactly how expensive long term care expenses can be – In 2020 the average costs of a skilled nursing facility, in New York is $14,250.00 per month. Someone can be solidly middle class or upper-middle class, have saved their whole life, and think that they'll have plenty of money for whatever happens only to suffer a stroke, major heart attack or get an Alzheimer's or Parkinson's diagnosis and need help with their activities of daily living. If they have this six-figure per year care expense, many people spend everything. Medicare does not pay skilled nursing home expenses after 100 days. An elder care attorney, who handles Medicaid planning, is able to legally and ethically protect people's assets to get them qualified for Medicaid. Medicaid, unlike Medicare, has excellent long-term care benefits. This helps them supplement their lifestyle with their own assets (to improve the quality of their life while alive) and make it more likely that they will have something to pass onto their heirs after they pass away. There are many myths and much misinformation surrounding long-term care Medicaid in New York. To learn more please visit... https://www.frankbrunolaw.com

Bill Kermode joins Purposely to share his story as inaugural CEO of the NEXT Foundation. His mission to give away a hundred million dollar fortune on behalf of a family committed to making a positive and lasting difference to the planet and people of New Zealand. NEXT is a privately funded charitable foundation which is relatively unique for New Zealand. Rather than being a long-lasting foundation, set up to exist forever using an endowment model, NEXT has a mandate to ‘spend down' $100 million over 10 years. The money is committed to environmental and educational projects that will benefit future generations of New Zealanders. Bill has led NEXT's investments as well as providing guidance to the previous philanthropic commitments made by Neal and Annette Plowman. 'They had an ambition for NEXT to leave a legacy of environmental and Educational Excellence for the benefit of future generations of New Zealanders. They wanted to show a way of giving that they hoped would be a model that some others would choose to follow'. The Plowmans made their fortune from a laundry business, founded in 1910 by George Plowman. They successfully grew the business and listed it on the New Zealand Stock Exchange, before privatising the company in 1986, and selling to US firm Alsco in 1998. Bill was appointed NEXT CEO in 2014 by the NEXT Board chaired by Chris Liddell, a successful businessman and advisor to the Plowmans. Bill spent the previous two decades as a founding Director of Direct Capital, New Zealand's most experienced private company investor, and Director of a number of private companies, including Ryman Healthcare, PF Olsen, NZ Pharmaceuticals, and EziBuy. We discuss Bills move from the investment sector to philanthropy running a charitable foundation and the differences between the two worlds. ‘The biggest difference is around evaluation and measurement, knowing whether you're contributing and making a difference. In the commercial and financial world, there are well established norms and ways of measuring success. However, in the ‘for purpose sector' it is not so clear and not so clearly defined.' 2024 will see the end of the ten-year giving term, with currently 80% of the $100 million committed to a number of initiatives and causes focused on the environment and education. We discuss what next for the Plowmans philanthropy and what next for Bill himself. ‘The Plowmans plan to continue their giving and the next iteration of the foundation will be focused specifically on the environment - although I will not lead this, instead I will focus my efforts on the development of a Centre of Strategic Philanthropy.' Bill and the NEXT team have had approaches from others wanting to learn from their journey and he describes how they have always tried to be supportive of others' giving.This has led Bill and his team to launch the Centre for Strategic Philanthropy aimed at complementing the work of Philanthropy New Zealand. Helping New Zealand individuals, organisations and families who ‘want to do their giving in a strategic or a business-like way'. ‘It's about bringing likeminded people together to explore how they can make a significant difference to the issues they are passionate about with the potential to collaborate or if not then learn from each other and experts.' In his spare time, Bill was also the Director of the Edmund Hillary Fellowship from 2016 until 2020, offering global social change-makers a path to New Zealand citizenship through New Zealand's Global Impact Visa. He is currently Chairman of the Palmerston North BHS Educational Foundation Trust, and a graduate of Massey and Oxford Universities. --- Send in a voice message: https://anchor.fm/mark-longbottom2/message

We'll explore the concept of spend-down retirement planning and discuss whether or not it might be a good fit for you. Is the 4% rule still a smart rule to follow? What happens if you outlive your funds by spending down too fast or underlive your retirement by leaving too much here? Don't you think it's time to ask the right questions and get honest answers?Join me each week for a FREE education on how to keep your retirement safe, REALLY safe!www.SafeMoneyRetirement.com

If you have ever applied for Medicaid, or helped a loved one apply then the title of this episode probably resonates with you. It might even strike a nerve. Mike and Nathan discuss what applying for Medicaid is like, the issues that can come up and how to make it a smooth and successful experience.

One of the most helpful things you as an Elder Law Attorney can do for a family is help them get the care they need for a spouse without losing everything they have.  Many people don't understand the Medicaid rules allow a family to protect almost everything when a married person needs long term care.Today, Todd talks about the basic Medicaid Spendown techniques used to protect everything for a married couple.  Listen today to learn how to really help families and help your practice.

One of the most helpful things you as an Elder Law Attorney can do for a family is help them get the care they need for a spouse without losing everything they have.  Many people don't understand the Medicaid rules allow a family to protect almost everything when a married person needs long term care.Today, Todd talks about the basic Medicaid Spendown techniques used to protect everything for a married couple.  Listen today to learn how to really help families and help your practice.

Join Todd and Sara as they discuss one of THE most misunderstood issues of Medicaid: spend down.  Also, there are many misconceptions about this issue and this information can literally help you save your entire estate when a spouse needs expensive care.Please join us and learn how you can get the care you need and not lose everything.

(00:00) Local News Chat: Oshkosh Events & Food Delivery (19:00) Your Take on Spending Covid Aid & Tax Surplus (44:30) Sarah Kons, Hooper Law Office, Medicaid Spend Down (55:00) The Lawyers, fmr Judge DesJardins & Good Samaritan (86:30) The Takeaway: Focus Planning On How To Begin

Michael Lee talks with Guy Gordon on WJR about this week's issue of Crain's Detroit Business.

It's been called "The Philanthropist's Dilemma" and the "Now or Forever" question: Do I spend down or form a foundation in perpetuity?This question of course comes with many others: is this really a binary decision? How should I find my own path? How do I take into account the size of my giving, my philanthropic strategy, my co-decision makers and my life plans?Join us in conversation with Peter Smitham, Chair of Atlantic Philanthropies, to learn how philanthropists can approach decision-making around whether to spend down or to give in perpetuity. The session will last 60 minutes.Peter Smitham was a founder of Permira (formerly Schroder Ventures), a global private equity firm where he fulfilled different roles for 30 years until 2015, including managing partner and chairman. Previously he had worked in the electronics industry, including a successful start-up in the 1970s. In 2000 Peter decided to “go plural” and include strategic philanthropy, social impact investing and emerging market private equity to his developed market private equity career with Permira. Since then he has served on the boards of MSI Reproductive Choices (formerly Marie Stopes), New Philanthropy Capital, and Population Services International. In 2004 he joined the Board of Atlantic Philanthropies - a multibillion-dollar organisation with a limited life spend down philosophy created and funded by Chuck Feeney. Peter served as the Board Chair of Atlantic Philanthropies from 2011-2020. In 2004 Peter and wife Lynne founded their family foundation, The Kiawah Trust, which focuses on improving the lives of disadvantaged adolescent girls in India.

What Does It Mean to Spend Down Assets for Medicaid? . www.buckeyeestateplan.com I love comments. I make these videos specifically to help people with no expectations. Please take a second and say ‘Hi’ in the comments and let m http://www.buckeyeestateplan.com

In the words of Ben Franklin nothing is certain but death and taxes. In that regard prepaying your funeral expenses is a no brainer spend down when looking to qualify for Medicaid for long term care. Each and every one of us will leave someone with the responsiblity for paying for our burial/funeral expenses unless we make advance arrangements. In today’s video Elder Law Attorney Melissa O’Connor explains this spend down option. -- I love comments. I make these videos specifically to help people with no expectations. Please take a second and say ‘Hi’ in the comments and let me and know what you thought of the video… and p.s. It would mean the world to me if you hit the subscribe button.

Kelley Smith at CarePartners Living discusses Medicaid qualifications. Let's say that you have $100,000 in the bank. One qualification for Medicaid is having less than $2,000 in the bank, so you would need to spend the rest of that money in ways the state allows, with expenses analyzed for the most recent five years.

(0:00) Local News Chat: Recount Details & Road Funding (19:22) Your Take on Local Incumbents Losing Reelection (46:52) Hooper Law Office on Medicaid Spend-Down (1:00:13) Professor Shober on Electoral Reform Efforts (1:30:43) The Takeaway: When Politics Becomes Your Life

This has been one of my key principles for fourteen years now. No matter where you invest your money every investment works the same: if it grows you're good, if you make exactly what you take out you're still good but if you make less than you take out...that's where every tool fails but one. Listen in and learn how every plan is a "Spend Down" plan but only one choice has Retirement Income Insurance if you run out of money. Please Rate and Review The Show HERE

Most people accumulate money during their working years then spend it down during retirement. If that's your strategy, you might as well be throwing money away!

Elder Law Report: Spend Downs:This is one of the questions I get the most. 1. What is a Spend Down? 2. How do you do a Spend Down? Revealed today! 8 Spend Down methods written right in the Long Term Care Medicaid Rules. Learn More: mcelderlaw.com or give us a call: Charlotte: (704) 998-5800. Shelby: (704) 259-7040.#theelderlawguy #lawyergreg #estateplanning #savingthefarm #hometownheroes#vetbens #medicaidcrisisplanning #assetprotection

LEARN MORE: http://www.mcelderlaw.com/mcp/ Long Term Care Medicaid Crisis Planning: Elder Law Report Unplugged - The 5th episode of a 6 part educational series. You don’t need to lose your house and retirement to afford care for yourself or a loved one. You can afford to live comfortably while your spouse is in care. LEARN MORE: http://www.mcelderlaw.com/mcp/ #theelderlawguy #lawyergreg #savingthefarm #hometownheroes #estateplanning #vetbens #medicaidcrisisplanning #assetprotection

The Louisiana Medicaid Eligibility Manual allows certain family members to enter into a written Personal Care Agreement which, essentially, allows money to be shifted to children/caregivers without the parent triggering a five year ineligibility period for Louisiana Long Term Care Medicaid. When a parent has funds in their name and they transfer those funds to their children, it will typically trigger a five year ineligibility period for Louisiana Long Term Care Medicaid in the event the parent needs care in a nursing home. However, in the right circumstances, if a child is actually providing care and assistance services to the parent, the parent can compensate the child without triggering the time-penalty Medicaid penalties, SO LONG AS ALL OF THE CORRECT DOCUMENTATION IS IN PLACE PRIOR THE SERVICES BEING PROVIDED. There are at least seven mandatory conditions that must be met, but the one that families sometimes struggle with is that, "The agreement must be in writing, and properly executed prior to the service or assistance being provided. The agreement cannot be applied retroactively to pay for services or assistance that was provided prior to the agreement." The concept is, if there is the right written contract in place, an individual (a parent, for example) can pay another person (a child, for example) to provide personal care services. Note that one of many important provisions of the Louisiana Medicaid Eligibility Manual regarding these Personal Care Agreements provides that, "A Personal Care Agreement that fails to contain any of the mandatory provisions is considered to be invalid. Payments that are not considered to be compensation in accordance with a valid written agreement are transfers without compensation." Bottom line - this can help certain families protect assets while keeping a parent or grandparent out of the nursing home. This post is for informational purposes only and does not provide legal advice. Please do not act or refrain from acting based on anything you read on this site. Using this site or communicating with Rabalais Estate Planning, LLC, through this site does not form an attorney/client relationship. Paul Rabalais Louisiana Estate Planning Attorney www.RabalaisEstatePlanning.com Phone: (225) 329-2450

Elder Law Report - Unplugged: Medicaid Crisis Planning. Planning and protecting assets when a family member needs long term care. Hayden Soloway and Lawyer Greg discuss... . . . . #theelderlawguy #caregivers #savingthefarm #medicaidcrisisplanning #vetbens

NAMI Medicaid Crisis Planning Conference: What a great audience for this topic! How to save your property and qualify for Long Term Care Benefits. mcelderlaw.com #theelderlawguy #savingthefarm

This week on Make It Last, I cover how to protect your assets against nursing home and Medicaid spend-down. Most of you know that we help families every week to maintain flexibility and choice in...

Greg wears his cowboy boots and gets to work on revealing Medicaid secrets and planning to save your hard earned money property. Tons of energy and excitement in this special show. Focus on Pre-Planning and Medicaid Asset Protection Trusts (MAPTs). ‪#‎theelderlawguy‬

Special guest, Cecil Burton, talks about the importance of pre-need funeral planning and how it is an important part of an overall estate plan. Pre-Need Funeral Planning is an allowable expense under the NC State Long-Term Care Medicaid rules as it is in other states as well. #theelderlawguy

Seniors need to be educated on the laws that concern them in their senior years. Listen/Watch to find out what you need to know to protect your hard earned money and property! #theelderlawguy

Kim Butler and Todd Strobel dive into financial strategies to best utilize your assets by actually spending down your taxable assets first, and relying on non-taxable assets later in life. Kim explains three strategies and their upsides. Todd focuses on the benefit of life insurance to maximize the strategies effectiveness. Finally, they discuss resources available through Partners 4 Prosperity that explores these strategies further. Is your financial strategy allowing you to have your cake and eat it too? Find out on today's episode of the Prosperity Podcast.   If you would like the opportunity for us to answer your question on the show or to be a guest on our show, be sure to keep sending us questions and reach out to us!   Show Notes: [0:00] Prologue [0:19] Intro [0:32] Have Your Cake and Eat it Too Strategy [4:19] Strategy 1: Pay Down, Spend Down [5:53] Using the Life Insurance Benefit [6:55] An Alternate Giving Strategy [9:56] The Permission Slip [9:38] Type of Life Insurance to Utilize [11:02] Strategy 2: Reverse Mortgages [12:38] Using Other Types of Assets [13:40] Strategy #3: Charitable Remainder Trust [15:39] Live Your Life Insurance [16:38] When is it Too Late? [17:35] Where to Start – Ask for Permission to Spend Special Report [19:22] Financial Planning Has Failed [19:25] Wrap-Up [21:12] Outro

Avoid the Sharks in the water! Find out what sharks are lurking ahead for seniors and how to steer clear of those shark infested waters with Elder Law Attorney, Greg McIntyre... #theelderlawguy