Timothy Sumer

What is a Medicaid Compliant Annuity? In this episode, Chris Berry answers: What is a Medicaid Compliant Annuity and how does it work? ___________________________________________________________________________ Attorney and Financial Advisor Christopher Berry of Castle Wealth Group answer questions on retirement and estate planning every Wednesday at 1pm. Register here or give our office a call at 844-885-4200. Castle Wealth Group and Christopher Berry help families with estate planning, elder law, retirement planning, and tax planning from their Brighton, Ann Arbor, Livonia, Bloomfield Hills, and Novi offices. Castle Wealth Group helps families with their legal, financial, and tax planning for their retirement and legacy. With the use of legal structures like revocable living trusts, Castle Trusts (asset protection trusts), Chris Berry and Castle Wealth Group can help your family plan, protect, and preserve what is important through their Retirement and Legacy Bluepri...

Learn out more about How We Can Help → ⬇️Florida Elder Law Practice Areas ⬇️ - Medicaid Planning / Long-Term Care Asset Protection - Estate Planning - Probate Administration ================================ 👉 Get Consultation ✅ Subscribe to always get my latest videos 📚 Check Out Our Elder Care Attorney Blog ✅Instagram: 👉 Facebook: ✅ LinkedIn: #LivingTrust #ElderLaw #FloridaMedicaidPlanning #Medicare #ElderNeedsLaw #ElderLawAttorney #MedicaidPlanning #EstatePlanning #Probate #spousalsupport ________________________ Transcript: I want to talk about a Florida Medicaid planning strategy known as spousal refusal. It's also sometimes referred to as just saying now. And this is a strategy that is most applicable in a situation where you have a married couple. And one spouse is in a skilled nursing facility or nursing home or long term care rehab, but that as as opposed to an assisted living fac...

Weekly Wednesday Wisdom Webinars April 26, 2023 Certified Elder Law Attorney and Certified Financial Advisor Chris Berry of Castle Wealth Group answers questions on retirement and estate planning every Wednesday at 1pm www.wisdomwebinar.com to register or give our office a call at 844-885-4200. Castle Wealth Group and Christopher Berry help families with estate planning, elder law, retirement planning , and tax planning from Brighton, Ann Arbor, Livonia, Bloomfield Hills, and Novi offices. In this week's webinar, Attorney and Advisor Chris Berry of www.castlewealthlegal.com answers the below questions. 0:00 Introduction 3:09 What is involved in funding a Trust? 9:48 Getting I Bonds from a tax refund, how do I add those to the Trust? 11:29 If I have too many credit cards more than I need, does that help or hinder the credit rate? 12:26 Are you concerned about the dollar remaining the reserve currency, is there anything we should be doing to prepare in case it ...

Get started creating your estate plan with MyAdvocate.com by clicking the link below! Documents valid in all 50 states. -- Medicaid Planning is a huge industry. Thousands of lawyers around the country make a living advising people how to avoid losing their life savings and their home if they enter a nursing home. Medicaid planning can be complicated but if you break it down to its simplest form, it involves getting assets out of your name and out of your control at least 5 years before entering a nursing home. People do this for two reasons: First, an individual must spend 100% of their nursing home expenses (depending on where you live, that’s anywhere from $6k monthly to $10k monthly, unless, among other requirements, you have less than $2,000 of what’s called countable resources (money in the bank, investments, real estate that is not your home), AND you have not transferred any assets out of your name in the previous 5 years. But while the entire Medicaid Planning...

In this video, we interviewed an elder care attorney who shared how you should be thinking about what's ahead. Often overlooked or misunderstood, here is your chance to learn from one of only 19 Elder Care Law attorneys in the state. If you want to protect your assets, you NEED to watch this video! Elder care is a topic that is often ignored, but it is one that is very important. In this video, we share with you some of the basics of elder care, including what it is, how it works, and who is responsible for it. This video will help you create the best plan for elder care and teach you how to best protect your loved ones! Learn more about Lisa: Get to know us at: Follow us on social media: ... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA As individuals age and their health declines, it becomes important to focus on managing their c...

In this Zoomside Chat, Michael Ettinger discusses the strategies we can use to better protect our assets for the future. We will talk about Caregiver Agreements, Pooled Income Trust, Long-Term Care Insurance, Medicaid Asset Protection Trust and many others, along with their pros and cons. Get the Ettinger Plan: To learn more, please visit: Contact us directly: 1-800-500-2525 Ettinger Law Firm focuses exclusively on elder law estate planning. Our attorneys and paralegals work to provide asset protection and tax savings for baby boomers and senior citizens. Practicing for twenty seven years and with offices in sixteen New York State locations, Ettinger Law Firm has prepared thousands of estate plans for generations of middle class families. Chapters: 00:00 Intro 2:00 Caregiver Agreements 4:56 The Pooled Income Trust 11:54 Long-Term Care Insurance 16:11 Veteran's Benefits for Caregivers 17:18 Medicaid Exemptions 22:42 Medicaid Qualifying Annuities 25:02 Spousal Refu...

Experts in trust and estate law explain typical IRA beneficiary scenarios and why it’s critical to review EVERY time you set up or rollover your IRA to avoid probate. #ira #retirement #retirementplanning #beneficiaries #actec #actecfellow The American College of Trust and Estate Counsel, ACTEC, is a national association of approximately 2,400 peer-elected lawyers and law professors from across the United States and abroad with expertise in estate planning, probate and trust administration. In this video: 00:00 Open 00:13 What happens if you do not have an IRA beneficiary designated? 01:20 Do you need to redo your beneficiaries when you roll over an IRA? 01:42 IRAs and surviving spouse as the beneficiary. 02:38 IRA with a young surviving spouse who does not want to defer. 03:41 How does an inherited IRA work? 04:55 Minor children of an inherited IRA. 06:39 Advice on preparing the IRA beneficiary designation form.... ( read more ) LEARN MORE ABOUT: IRA Accounts T...

Weekly Wednesday Wisdom Webinars January 4, 2023 Certified Elder Law Attorney and Certified Financial Advisor Chris Berry of Castle Wealth Group answers questions on retirement and estate planning every Wednesday at 1pm www.wisdomwebinar.com to register or give our office a call at 844-885-4200. Castle Wealth Group and Christopher Berry help families with estate planning, elder law, retirement planning , and tax planning from Brighton, Ann Arbor, Livonia, Bloomfield Hills, and Novi offices. In this week's webinar, Attorney and Advisor Chris Berry of www.castlewealthlegal.com answers the below questions. 0:00 Introduction 3:01 What is new with Secure Act 2.0? 14:57 What should we be looking at for 2023 in terms of planning? 21:41 Change of rule by the Labor Department regarding retirement fund? 24:13 Question about Interest rate increases Visit our website to learn more ... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: G...

Who inherits my Individual retirement account (IRA) if I do not name a beneficiary? You have to look to the contract with the IRA custodian to see what their default language is regarding who would inherit your IRA if you do not name a beneficiary. Some companies automatically default to the spouse. If there is no spouse, to the surviving children, or sometimes it defaults to the estate. Each company has a different contractual provision regarding this issue. | Kathleen Flammia | Elder Law - Trusts - Wills - Estate Planning | Compassionate Counsel, Expert Advice | Orlando Elder Law Services | | (407) 478-8700 | 2707 W. Fairbanks Ave., Suite 110, Winter Park, Florida 32789... ( read more ) LEARN MORE ABOUT: IRA Accounts TRANSFER IRA TO GOLD: Gold IRA Account TRANSFER IRA TO SILVER: Silver IRA Account REVEALED: Best Gold Backed IRA https://inflationprotection.org/who-inherits-my-individual-retirement-account-ira-if-i-do-not-name-a-beneficiary/?fee...

This covers recent changes to the Medicaid policy on Managed Care Plans and Incurred Medical Expenses such as dental IMEs and Durable Medical Expenses such as wheelchairs. Please click on the link below to go over the policy update directly from the HHSC MEPD Handbook. ... ( read more ) LEARN MORE ABOUT: Treasury Inflation Protected Securities REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing https://inflationprotection.org/medicaid-tips-from-the-bond-law-firm-tip-4/?feed_id=45536&_unique_id=6389dcbaf4197 #Inflation #Retirement #GoldIRA #Wealth #Investing #bobbond #elderlaw #houston #jeffgreen #leslieberry #Medicaid #nursinghome #texas #thebondlawfirm #TIPSBonds #bobbond #elderlaw #houston #jeffgreen #leslieberry #Medicaid #nursinghome #texas #thebondlawfirm

E-200 Types of Unearned Income Having taxes withheld from social security and pension checks is no longer deducted from the co-payment. The new code states "income tax withheld from unearned income is also not a deductable expense for the co-payment calculation." Find out how The Bond Law Firm can help your residents, contact The Bond Law Firm at 281-448-4100 or visit our website at ... ( read more ) LEARN MORE ABOUT: Treasury Inflation Protected Securities REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing https://inflationprotection.org/medicaid-tips-from-the-bond-law-firm-tip-7/?feed_id=45032&_unique_id=6387e1c5b4b81 #Inflation #Retirement #GoldIRA #Wealth #Investing #attorney #berry #bond #elderlaw #green #hanna #Medicaid #texas #TIPSBonds #attorney #berry #bond #elderlaw #green #hanna #Medicaid #texas