Are you ready for the expense of long-term care?
The Heltzel Kalloz Financial Advisory Group has a vast knowledge of helping seniors and their families plan for their long-term care needs. Often as we age, our medical or long-term care expenses increase. If this is not planned for, you may see a significant depletion of assets. Our team can work with your estate planning attorney to give you the education you need to avoid losing your life savings.
Trusts and Estate Planning
The Heltzel Kalloz Financial Advisory Group has a vast knowledge of helping seniors and their families plan for their long-term care needs. Often as we age, our medical or long-term care expenses increase. If this is not planned for, you may see a significant depletion of assets. Our team can work with your estate planning attorney to give you the education you need to avoid losing your life savings.
Trusts and Estate Planning
- Elder law attorneys can help you assess your particular situation and estate planning strategies appropriate for you. We can provide the names of some in our area for your consideration.
- Trusts may assist in qualifying for Veterans Administration (VA) programs, avoid the worry of probate, and more.
- Help pay for nursing home and assisted living costs
- This type of SPIA can provide financial protection for the common spouse if the husband/wife is in extensive care
- Irrevocable
- Non-assignable
- Actuarially sound
- Designate the state medicaid agency as the beneficiary
- Provide for equal payments with no deferred or balloon payments
| Social Security Fact Sheet | Medicare Fact Sheet |