039 Are you protected against long-term care costs?

Jun 19, 2019

Are you protected against long-term care costs?

Just because you’ve worked with an advisor or attorney doesn’t mean your long-term care costs have been considered as part of your holistic retirement plan. Asset-based long-term care strategies and companies like Michigan Senior Services can help the transition into long-term care so it doesn’t devastate you or your family.

In this episode of The Chris Berry Show, I’ll talk about some not-so-common long-term care options to consider and Loyce Ross will share about Michigan Senior Resources.

In this episode, you’ll learn...

• Chris’ positive focus for the week.
• Some long-term care options that are oftentimes overlooked.
• Plan-ahead approaches to protect assets against nursing home costs.
• Asset-based long-term care strategies and death benefits.
• How to utilize pre-tax dollars to plan ahead.
• How to turn IRA money into an income stream.
• An example that illustrates our strategy.
• About Michigan Senior Resources and what they do.
• The services that an eldercare advisor provides.
• The difference between independent care, assisted living, and everything in between.
• How Michigan Senior Services supports their clients through the process.
• How Michigan Senior Services provides their service for free.
• About group homes, communities, and how Loyce selects a location.

Q&A

In each episode, I take questions from listeners. If you have any questions that you want answered, feel free to email us at [e-mail]. Here are the questions I covered in this episode:

• Don asked: “Where should I invest my social security money to save on taxes?”
• Vance asked: “Can a nursing home or Medicaid take away my home or land that my parents gave me?”

Links & Resources

AlzElderCare.com

CJBerryGroup.com

TheChrisBerryShow.com

Michiganestateplanning.com

Register for one of our free estate & asset protection workshops

Michigan Senior Resources

Loyce’s phone number: [phone] email: [e-mail]

Follow us on Social Media

Twitter: www.twitter.com/ElderCareFirm

Facebook: www.facebook.com/chrisberryshow

LinkedIn: www.linkedin.com/in/christopherjberry