Elder Law Today Podcast

By Elder Law Today Podcast

Are you a senior citizen? Or perhaps you have a parent, relative, close friend or neighbor who is one. If so, then you wonâ€™t want to miss this important and informative podcast. Learn about elder... more

5

77 ratings

Download on the App Store

Download on the App Store

Get it on Google Play

FAQs about Elder Law Today Podcast:

How many episodes does Elder Law Today Podcast have?

The podcast currently has 19 episodes available.

Elder Law Today Podcast episodes:

June 03, 2009 Elder Law Today Podcast Show #18 Continuing Care Retirement Communities
Continuing
care retirement communities can be a great option for many people.
I can move into one community that can meet all my needs, from independent
housing to assisted living to nursing home care as I need it.
In
Show 18 of his monthly elder law podcast, Yale Hauptman, a practicing
elder law attorney, provides an overview of CCRCs, the pros and cons.
So often, he sees people enter into these financial arrangements without
closely examining the 40+ page contract that typically the resident
must sign. The contracts often require a large upfront financial
commitment. What will the CCRC agreement cover? What won’t
it cover? What happens if you run out of money? What if
the facility runs out of money? If
you are considering a CCRC for yourself or a loved one you’ll definitely
want to tune in first.
Click here to listen
To subscribe to our podcasts click here
Please send us your feedback
...more
14min
May 06, 2009 Elder Law Podcast Show #17 Why Do I Need a Will
The law allows every
person to distribute property according to their wishes by a written
instrument known as a Last Will. However, many people never execute
one and miss that opportunity, the consequences of which can be
devastating to loved ones.
In Show 17 of his
monthly elder law podcast, Yale Hauptman, a practicing elder law
attorney, discusses what can go wrong without a will. Each state has
a set of laws that predetermines how assets will pass where there is
no will, known as intestacy. That may not, however, be what you
want. For example, assets may be left outright to heirs who
shouldn’t or can’t handle the money or may end up in the
wrong people’s hands.
Yale
also discusses the difficult issues involved in second marriages
where each spouse has different heirs who they wish to leave their
estate. Without proper planning that won’t happen. Ownership
of real estate in another state can also present a problem without
planning. The bottom line is that without a carefully drawn plan
your intentions and desire may not be carried out.
Tune in to learn what
you need to do to safeguard yourself and your loved ones.
Click here to listen
To subscribe to our podcasts click here
Please send us your feedback

...more
12min
April 03, 2009 Elder Law Today Show #16 Mom is Not Capable of Handling Her Affairs - When is a Guardianship Appropriate
Mom is unable to
handle her affairs and either can’t or won’t accept
assistance from other family members. Or maybe one child lives close
by and is taking advantage of mom and other family members, who live
a distance away, are frustrated in their attempts to protect mom. Is
guardianship a solution?
In Show 16 of his
monthly elder law podcast, Yale Hauptman, a practicing elder law
attorney discusses when a guardianship is possible and when it isn’t.
Does Mom need to be declared incompetent? How does that happen and
what is the standard? Yale also discuss what options are available
when a guardianship isn’t possible, such as a conservatorship.
If your family is
grappling with these issues or you know someone else who is, then
you’ll want to tune in to learn more.
Click here to listen

To subscribe to our podcasts click here
Please send us your feedback
...more
12min
March 05, 2009 Elder Law Today Podcast Show #15 - You’ve Spent Down all Your Money and Still Can’t Get Medicaid – How Could This Happen?
You’ve spent
down the remaining assets on Mom’s care and have no more money
left. You apply for Medicaid but are told, “Sorry, Mom’s
not eligible for another 8 months.” How could this happen?
What can you do to avoid this horrific outcome?
In Show 15 of his
monthly Elder Law Today Podcast, practicing elder law attorney, Yale
Hauptman, explains why spending down assets may not be as simple as
you think. Medicaid rules are complex and it is easy to get tripped
up. Well meaning citizens can unwittingly cause themselves to lose
these essential benefits by creating transfers that are subject to a
Medicaid transfer penalty.
Learn the danger of
paying home health aides cash and why that could result in long
penalty periods. Discover why gifts made 4+ years before Medicaid is
applied for can come back to haunt you. More importantly, learn how
you can avoid these Medicaid traps and how to correct the mistakes
you’ve already made. If you wait till you apply it’s too
late.
This episode is for
anyone who cannot afford the cost of long term care indefinitely and
may need to apply for government benefits at some time in the future.
Important information that you’ll want to listen to carefully.
Click to listen
To subscribe to our podcasts click here
Please send us your feedback
...more
12min
February 05, 2009 Elder Law Today Podast Show #14 Married Couple - Crisis Long Term Care Planning
So after listening to
Show 13 you’re thinking, we should have taken action
immediately after Dad’s diagnosis but didn’t so now what
do we do? In the 14th installment of his audio podcast,
Yale Hauptman discusses just that scenario, crisis planning.
Although the picture is more complicated all hope is not lost.
Yale discusses some of the options still available to families, but
timing is a key.Yale explains how the
home as an exempt asset under Medicaid rules can be used to help the
healthy spouse preserve more than the maximum otherwise allowable
under Medicaid rules. That could include buying a bigger house or
making improvements on a current home. Learn why a reverse mortgage
now is replacing a home equity loan or line of credit as the only
option in crisis planning for many families. Yale also discusses
ways to pay down debt that benefits the healthy spouse and other ways
to help preserve hard earned money for the community spouse, who just
won’t be left with much under current Medicaid rules without
creative planning.
Be sure to tune in for
a concise 10 minute discussion of Medicaid crisis planning that will
give you an overview of what still is possible, even if you have
failed to early action, but time is running out.
Click here to listen
To subscribe to our podcasts click here
Please send us your feedback
...more
12min
January 15, 2009 Elder Law Today Podcast Show #13 Married Couple - Early Action Long Term Care Planning
In the first show of
Season 2 of his Elder Law Today Podcast, by listener request, Yale
Hauptman has modified the format and shortened the length of his
audio podcast. In a concise 10 minutes, Yale presents a common
scenario that many families today are faced with. Dad has just
recently been diagnosed with early stages of Alzheimer’s
Disease (you can substitute any other long term care illness because
the issues remain the same). What lies next for Mom and Dad? What
should the family be doing and when?
Yale runs through the
planning strategies that ought to be employed to insure the best care
possible for Dad, preferably at home rather than in a nursing home,
and also to protect Mom so that all their hard earned savings are not
spent on Dad’s long term care, leaving Mom with very little to
live on.
Yale provides an
overview of the long term care system, the benefit of setting aside
assets in trust and the various government benefits, including VA and
Medicaid, that may be able to play a role in Mom and Dad’s
journey through the long term care system. Learn why it is so
important to take these steps as soon as possible and why inaction
can be so costly.
Episode 13 is a can’t
miss listen for families who are unsure what to do and where to
start.
Click here to listen
To subscribe to our podcasts click here
Please send us your feedback
...more
13min
December 04, 2008 Elder Law Today Podcast Show #12 The Talk - How to Communicate with your Parents about Aging and Long Term Care
In show number 12 Yale
Hauptman, a practicing elder law attorney sits down with Barbara
Salvador of Nannymama.com and Barbara Friesner of Agewiseliving.com,
a generational coach and author of “The Ultimate Caregiver’s
Guide” to discuss how to have “the talk” with
aging parents.Generational
differences and lack of communication pose some real challenges to
children who are trying to help care for their parents. So many
families never discuss long term care and finances until a crisis
hits and that’s just too late. If you find yourself in the
situation of not knowing what plans your parents have in place, what
their wishes are with respect to long term care, or where all their
important legal documents are – and you have no idea how to
start the conversation - this is a must listen.
As with any
interpersonal relationship, communication is paramount. How we say
things is as important as the content itself. Yale and his guests
discuss the best way to break the ice and the dos and don’ts of
approaching a very difficult topic in a way that is sensitive to the
fears and concerns of aging family members, intending to bring
families together, instead of pulling them apart.
This 12th
show contains valuable information that every family will find
helpful in dealing with some of the most challenging issues we all
face today.
Click here to listen
To subscribe to our podcasts click here
Please send us your feedback
...more
49min
November 08, 2008 Elder Law Today Podcast Show #11 The Current Economic Crisis. What Does it Mean for Medicaid and Long Term Care
Much has happened in
both the economic and political arenas since the last show, including
the steep drop in the stock markets and the election of President
Obama and changing of power in Congress from Republican to Democrat.
In show number 11 of his podcast, Elder Law Today, practicing elder
law attorney, Yale Hauptman discusses how this all will affect the
average American who needs long term care.
Some of these changes
have already begun to occur. Yale explains how rising unemployment,
the government bailout of failing financial companies and the drop in
stock markets and thereby, people’s savings, have all combined
to create a “perfect storm” of conditions that will cause
State Medicaid offices to delay and deny a greater number of Medicaid
applications for long term care.
He discusses some of
the scenarios in his office where this is already happening. Take
the case of the daughter who took cash out for Mom over the years but
didn’t keep good records as to how it was spent or the son who
paid for Mom and Dad’s care at home out of his own funds when
they had none left and now wants to be reimbursed from the sale of
their home when they enter a nursing home. In both cases Medicaid
has scrutinized these transactions and delayed approval.
We are now almost 3
years removed from the last round of changes to the Medicaid laws
instituted under the Deficit Reduction Act (DRA). Learn why this law
will have even more impact on the ability to qualify for government
benefits as we go forward.
This 11th
show is one you can’t afford to miss, with information and
ideas that you need to act on now to be sure to protect yourself and
your loved ones going forward. Be sure to tune in.
Click here to listen
To subscribe to our podcasts click here
Please send us your feedback
...more
50min
October 01, 2008 Elder Law Today Show #10 The Ins and Outs of FDIC Insurance
In show number 10 of
his podcast, Elder Law Today, practicing elder law attorney, Yale
Hauptman interviews Anthony Aiello, a compliance officer at Commerce
TD Bank on the hot topic of FDIC insurance. For many Americans, the
collapse of financial giants such as Lehman Brothers, AIG, Merrill
Lynch and Wachovia reminds them of other troubled economic times.
Many seniors grew up during the Great Depression of the 1930’s
and remember the Savings and Loan scandal of the late 1970’s
and early 1980’s. The FDIC insurance program was instituted in
the 1933 to protect depositors who lost money when their banks went
under. Many Americans are now concerned once again about whether
their assets are protected.
Yale and Anthony
discuss the basics of how this insurance coverage works. Learn about
the ways to stretch the amount of insurance coverage well beyond the
$100,000 limit which most people assume, erroneously, is the maximum.
There are different categories of accounts, which are treated
separately for insurance purposes. For example, coverage for IRA and
other retirement accounts is now $250,000 per person.
In his “In the
News” segment, Yale discusses a recent government inquiry into
accusations that a company which owns assisted living facilities in
20 states is kicking out residents once they have run out of money
and apply for Medicaid. He also discusses a recent court case which
highlights the pitfalls of having a joint owner on a bank account
who then applies for Medicaid. In that New Jersey case, the judge
sided with the applicant but learn why the fight may not yet be over.
Finally, Yale talks about a new federal law effective October 1,
2008, intended to protect Americans from abusive practices in the
sale of reverse mortgages to seniors.
This 10th
show is timely and informative in light of the current turbulent
economic times. Be sure to tune in.
Click here to listen to the show

Visit the FDIC website for more information.
To subscribe to our podcasts click here
Please send us your feedback

...more
44min
September 02, 2008 Elder Law Today Podcast Show #9 Planning Needs of Elderly Parent with Disabled Adult Child
In show number 9 of his
podcast, Elder Law Today, practicing elder law attorney, Yale
Hauptman welcomes as his guest Lauren J. Siegel, a registered nurse
and certified life care planner. Lauren explains how she is
typically brought into lawsuits brought by parents of disabled minor
children and asked to devise a plan of care covering the various
needs that the child may have over his/her life.
Yale and Lauren then
discuss how this same planning is just as important to elderly
parents of adult disabled children. Parents must address care issues
for those children after they pass away and how to fund it. Yale
points out that any assets intended to fund that care must be
properly set aside while the parent is healthy or risk being spent
down entirely for the parent’s long term care needs, leaving
nothing for the child’s needs. Lauren offers some suggestions
for parents to consider.
Yale also introduces a
new “In the News” segment. He discusses a recent
Pennsylvania court case that highlights the need to be specific in a
power of attorney as to what gifting powers are given to an agent.
He also discusses a recent Connecticut case in which a child was held
responsible financially to pay mom’s nursing bill when he
failed to immediately provide all information and documents necessary
to complete her application for Medicaid benefits. Yale also updates
listeners on a bill introduced in Congress to extend the federal
estate exemption amount to $3,500,000 for 2010 and beyond and
highlights the continuing trend by employers to provide services to
their employees who are caring for elderly parents and loved ones.
This 9th
show is packed with important information that anyone who is elderly
or caring for, or concerned about, an elderly loved one, won’t
want to miss.
Click to listen to the show
Visit Lauren's LJS Healthcare website
To subscribe to our podcasts click here
Please send us your feedback
...more
39min

FAQs about Elder Law Today Podcast:

How many episodes does Elder Law Today Podcast have?

The podcast currently has 19 episodes available.