How to Protect Your Life Savings: From Catastrophic Illness and Nursing Homes: A Handbook for Financial Survival - Softcover

Gordon, Harley

Softcover

ISBN 10: 0964289601 ISBN 13: 9780964289604

Publisher: Senior Planning Group Pubns, 2001

Synopsis

An essential resource for tracking changes in Medicaid law and developing coping strategies explores options for protecting the family home and other assets, choosing a lawyer, negotiating with a nursing home, and avoiding traps of long-term care insurance. Original. IP.

About this title

About the Author:

Attorney Harley Gordon is nationally recognized as a leading authority on long-term care issures. He is a founding member of the National Academy of Elder Law Attorneys, the country's leading association dealing with legal issues affecting the elderly and their families, McKnight's Long-Term Care News recently voted him one of the 100 most influential people in long-term care.

His views have been featured in numerous sonsumer and trade publications including the Wall Street Journal, Senior MarketAdvisor, National Underwriter, The Today Show, the PBS Front Line Program "who Pays for Mom and Dad" and the CBS Evening News.

From Library Journal:

The repeal of the Medicare Catastrophic Coverage Act earlier this year leaves the question of paying for long-term health care unresolved and as confusing as ever to the consumer. The Complete Medicare Handbook is an expanded version of government pamphlets on the subject. Edited by the program director of the Health Insurance Counseling and Advocacy Program, it is a focused summary of services offered by Medicare; how to submit claims; deciding to purchase supplemental health insurance coverage; and dialysis and hospice benefits. A lawyer and founding member of the National Academy of Elder Law Attorneys, Gordon offers a variety of means in this book to achieve one goal: to avoid spending family assets on long-term care. He explains the basic principles of Medicare financing, including countable and noncountable assets, trusts, and the Spousal Impoverishment Act. He presents family scenarios requiring either immediate or long-term planning and provides options to protect " . . . a lifetime of accumulated assets" from the enormous costs of nursing home care. Advice for choosing a lawyer experienced in Medicare law is included, along with state-by-state charts of income allowances. Although both books are easy to read, with attractive formats, the Medicare Handbook offers little information that can't be found elsewhere, including the government's own publications. And although Gordon's book is somewhat alarmist in tone, it explains clearly some of Medicare's most complex inscrutabilities. --Karen McNally Bensing, The Benjamin Rose Inst. Lib., Cleveland
Copyright 1990 Reed Business Information, Inc.

About this edition

• Publisher: Senior Planning Group Pubns
• Publication date: 2001
• ISBN 10: 0964289601
• ISBN 13: 9780964289604
• Binding: Paperback
• Number of pages: 217