Jun 20, 2019
What will your – or your loved one’s – elder care journey look
like?
It’s better to be educated and prepared than realize what you
need when it’s too late. There are three primary ways to utilize
long-term health insurance to pay for long-term care and strategic
ways to leverage IRA money and assets so your hard-earned money is
protected and able to outlive you.
In this episode of The Chris Berry Show, I’ll talk about
long-term care strategies and Mayor Sharp will discuss what sets
SKLD apart and what exciting innovations are on the horizon to
better support elders.
In this episode, you’ll learn...
- Chris’ positive focus for the week.
- What to expect in the elder care journey.
- Three ways to utilize long-term health insurance to pay for
long-term care.
- Forms of long-term care insurance and some of their pros and
cons.
- How to leveraging IRA money using an asset-based long-term care
strategy.
- How to qualify for asset-based long-term care benefits.
- About “wellness riders” and doubling income to address
assistance for daily living expenses.
- Why Mayor has created a culture within the Skilled Senior
Nursing facilities.
- When to look for a nursing home for care and what sets SKLD
apart.
- Innovations in call-light systems and wearable tech that
benefit patients and staff.
- The technology being used for rehabbing programs.
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
askchris@thechrisberryshow.com.
Here are the questions I covered in this episode:
- Simon asked: “How do I put my paid-off property into a
trust?”
- Another listener asked: “My mother has dementia, will her
estate planning attorney answer my questions about the successor
trustee and financial power of attorney?”
- Sandy asked: “How do I get a POA for my mother who passed away?
Her previous POA was my sister and she, too, has passed.”
- Rick asked: “I wish to consolidate 5 mutual funds that are
currently in my trust into IRAs to reduce work for my trustees upon
my death. How should I do this?”
- Catherine asked: “I’m a single mom with two minors. Who should
I name as the beneficiary of my retirement account?”
Links & Resources
AlzElderCare.com
CJBerryGroup.com
TheChrisBerryShow.com
Michiganestateplanning.com
Register for one
of our free estate & asset protection workshops
SKLD Website
Follow us on Social Media
Twitter: www.twitter.com/ElderCareFirm
Facebook: www.facebook.com/chrisberryshow
LinkedIn: www.linkedin.com/in/christopherjberry