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Senior Estate Planning Considerations

If you are reading this you are probably trying to wade through the endless Federal and State regulations and feeling lost about the process. When you need to protect your families assets and plan for the possibility of moving your loved one to a skilled nursing home such as Nursing Homes Alzheimer's Care Center Salt Lake, it's important to talk to a Senior Estate Planner who understand the ever changing rules and regulations and can help you put all of that into perspective.

Senior estate planning, depending on your individual family circumstances, could consist of any of the following:

  • Setting up a family trust pay for the skilled nursing home care
  • Creating a single premium imediate anuity (SPIA) to pay some or all of the expenses
  • Discussing the timing of certain events to minimize the impact of Medicare and Medicaid
  • Discussing how Medicare and Medicaid affect you families assets
  • Reviewing current insurance levels and other assets

Don't be overwhealmed we can help you untangle the knot and create solutions that will meet your families needs.

Jim Fullmer
Jim Fullmer
Cambridge Finincial
Phone 801-424-0020
jim@jimsemail.com
www.jimswebsite.com

 

Nursing Homes Alzheimer's Care Salt Lake City, Utah