Jerry Brown on Monday signed into law a bill that limits the state’s seizure of assets from the estates of low-income residents ages 55 to 64. Beginning Jan. 1, 2017, California will join many other states in the country that only recover the costs of enrollees’ long-term care and related costs after they die. “TheyContinue reading “Gov. Brown signs bill that limits seizure of assets of many Medi-Cal recipients”
Tag Archives: Long-term care
Digital Footprint and my domain names
I use godaddy.com to create new domain names to prepare a global site for senior care. Motherhealth.net and seniorconciergepro.com are now directed to http://www.clubalthea.com Seniorconciergepro.com and Motherhealth.net Seniorconciergepro.com shall match seniors and caregivers online and in mobile phones while motherhealth.net is an information hub for health resources for seniors and more. Creating a digital footprintContinue reading “Digital Footprint and my domain names”
C corporation for the practice, structure for max savings and min taxes
C corporation can be the right choice for many small entities because of the deductions it allows. A C corporation enjoys a full deduction for the cost of employees (including owner employees) health insurance, group term life insurance up to $50k per employee and even long-term care premiums without regard to age-based limitations. A CContinue reading “C corporation for the practice, structure for max savings and min taxes”
4 Ways Men and Women Approach Finance Differently by Maria Cornelius
Anyone familiar with John Gray’s Men Are from Mars, Women Are from Venus knows the premise that men and women communicate very differently. Perhaps this explains why most female investors prefer to work with a female adviser and most married women leave a male adviser after the husband dies. Starting with the first conversation, womenContinue reading “4 Ways Men and Women Approach Finance Differently by Maria Cornelius”
Is your house your retirement plan?
Your house is not your retirement plan. Many seniors in care homes have sold more than 2 houses to pay for their caregiving services. Contact Connie 408-854-1883 motherhealth@gmail.com for a financial advisor and an LBS expert to help you optimize your retirement savings to last forever with efficient tax strategies and protection for the future.Continue reading “Is your house your retirement plan?”
44 Social Security ‘Secrets’ All Baby Boomers and Millions of Current Recipients by Laurence Kotlikoff
Social Security’s Handbook has 2,728 separate rules governing its benefits. And it has thousands upon thousands of explanations of those rules in its Program Operating Manual System, called the POMS, which provides guidance on implementing the 2,728 rules. Talk about a user’s nightmare! As a young economist, I did a fair amount of academic researchContinue reading “44 Social Security ‘Secrets’ All Baby Boomers and Millions of Current Recipients by Laurence Kotlikoff”
Understanding Medicare Enrollment Periods by Katy Votava
Medicare has many enrollment periods for the various parts of Medicare. These enrollment periods provide beneficiaries with the chance to get Medicare coverages, yet the different periods and their acronyms are confusing. A beneficiary who does not act carefully may miss a window of opportunity to have various parts of Medicare coverage and face aContinue reading “Understanding Medicare Enrollment Periods by Katy Votava”
How Can You Receive Nursing Home Benefits Without Losing Your Hard-Earned Assets?
Retirement_Asset_Protection connie dello buono You do not have to lose your hard earned money for lifetime retirement should you need nursing home care. Prepare many years in advance for asset protection and health planning. Government regulations for health care benefits look at your assets 5 years back. Plan for your estate, gifting your children andContinue reading “How Can You Receive Nursing Home Benefits Without Losing Your Hard-Earned Assets?”
Notice Regarding Standards For Medi-Cal Eligibility, Save A Senior
If you or your spouse is in or is entering a nursing facility, read this important message! You or your spouse do not have to use all your resources, such as savings, before Medi-Cal might help pay for all or some of the costs of a nursing facility. You should be aware of the followingContinue reading “Notice Regarding Standards For Medi-Cal Eligibility, Save A Senior”
Roth IRA and Index Universal Life Policy, both tax free retirement plans
Roth IRA, municipal bonds and Index Universal Life Policies (IUL) are all tax free retirement plans. I choose Index Universal Life Policy with living benefits because of the many limitations of Roth IRA. With my age and income fluctuations, I can save more in sickness or health, create a bigger estate when I die and not haveContinue reading “Roth IRA and Index Universal Life Policy, both tax free retirement plans”
Fire your boss, own a business now, financial planning for CPA, insurance agents, health care pros and realtors
As a CPA, your clients would ask you to help them allocate thier idle money and have health and asset protection. As a realtor, your clients wants your opinion on how to protect their house should a health threat occur or income loss. As an insurance agent, you wanted to be a builder and notContinue reading “Fire your boss, own a business now, financial planning for CPA, insurance agents, health care pros and realtors”
Are you really covered with a comprehensive health plan for long term care?
Are you really covered with a health plan or Medicaid that will pay you and not just your hospital care? At present time, only Medical covers 55% of long term care costs. But can you qualify for Medical? It is not simple and easy. Most people get denied because their income and assets exceed theContinue reading “Are you really covered with a comprehensive health plan for long term care?”
Physicians per 1000 people in the world, more pain med prescriptions after OBAMACARE
Finland, France, Germany, Austria and Switzerland have 3-4 doctors for every 1000 people while Philippines, Hongkong and other countries have 0. http://data.worldbank.org/indicator/SH.MED.PHYS.ZS This means that medical care is not present to some citizens of the world. I can speak for countries such as USA, Australia, Philippines and Taiwan since I have lived in these countries in the pastContinue reading “Physicians per 1000 people in the world, more pain med prescriptions after OBAMACARE”
Some companies are not providing 401k retirement plan
There is a better than 401k retirement plan with tax-free IUL index strategy with zero market risk that grows up to 13% and living benefits added free (access to $1.5M when stroke, cancer, or disability occurs). If you want to protect your wealth from 50% taxes after accumulation and from market risks, call Connie Dello BuonoContinue reading “Some companies are not providing 401k retirement plan”