Elder Law Leaders Host Free Seminar to Share Nursing Home Strategies that Protect a Family’s Assets
Moorestown, N.J. – The Begley Law Group is hosting a free elder care seminar on Thursday, June 9 in the Stone Harbor area. The seminar will cover what individuals and their families can do to keep nursing home costs from wiping out their savings, including how Medicaid or Veteran’s Benefits can pay for these costs….
It Takes Two to Protect Your Financial Future When Working With Couples
Studies show that almost half of the individuals in this country require long-term care at some point in their lives. In fact, many couples find themselves in a situation where one spouse requires nursing home care while the other spouse remains in the marital residence. With the cost of nursing homes now averaging approximately $9,500…
A Twofold Approach to Long Term Care Needs Is Recommended
Among the many misperceptions regarding Medicaid and long-term care planning is the myth that asset protection planning and long-term care insurance don’t work well together. Unfortunately, many individuals, including many professionals, believe these two planning options are mutually exclusive and that one negates the need for the other. In fact, a carefully planned and cost-effective…
PART TWO: PRE-SETTLEMENT LENDING IN PERSONAL INJURY CASES
MECHANICS OF THE LOAN Since a lawsuit itself is essentially the collateral to secure the finance company’s advances, the lending company will obtain information from the personal injury attorney concerning the case. They will follow these steps to offer the monies: Evaluation. The pre-settlement lending company evaluates the case and determines the likelihood of success….