Inheritance Planning Made 123Easy
Welcome to Inheritance Planning Made 123Easy, where father-son duo David and Ian Schaeffer bring a family-centered approach to inheritance planning, retirement security, and building legacies that last. As part of American Retirement Advisors, David and Ian have helped countless families protect what matters most and ensure that what they’ve built is preserved for generations to come.
In each episode, they’ll walk you through the essential steps of inheritance planning, from organizing vital documents to protecting assets, minimizing taxes, and communicating family values and goals. With a focus on the “3 P’s” of inheritance planning—Prepare, Protect, and Preserve—they’ll show you how to align today’s financial choices with tomorrow’s family needs, keeping relationships and family dynamics at the heart of the process.
David and Ian don’t just talk about inheritance planning for clients—they bring their own family into the conversation. Join them as they discuss the plans David is putting in place for Ian, his sister, and granddaughter, sharing personal stories and expert insights to help you make confident decisions for your loved ones.
Whether you’re just starting your inheritance planning journey or refining an existing strategy, Inheritance Planning Made 123Easy offers clear guidance, real-life examples, and practical advice at every stage. Ready to take the next step? Tune in, and let’s make inheritance planning simple, supportive, and family-focused!”
Inheritance Planning Made 123Easy
S1:E29 Success Story of the Month! (Reading from February 2019)
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"I like my plan but I'm losing my doctor!" is not something you want to face when you need care. The success story this week talks about how we were able to help a client facing this dilemma and how to avoid it in the future.
Success Story of the Month By David S. Edge
I Lost My Doctor!
Phil called our office in a panic. He had chosen a Medicare Advantage Plan four years ago and was very happy with his plan. He had contacted his primary care physician in October and asked the staff if his doctor was going to be on the same Advantage plan network for the coming new year. They had replied, “Yes, the doctor has been on that network for a long time”. So, Phil did nothing as his enrollment in his Advantage plan would just roll over and continue into the new year. Then a strange thing happened. He called his doctor’s office to get an appointment in February, and the appointment staff member stated that his doctor was no longer in Phil’s Advantage plan network and that Phil would have to pick a new primary care doctor that was still in his plan. Phil was dumbfounded, and was even somewhat angry, in that he had called the doctor’s office back in October just to make sure he didn’t need to switch plans to keep his doctor. Now he was stuck with a medical plan and had lost his doctor of many years. His next call was to American Retirement Advisors, where he knew we could help him get some answers and to see if there was a solution to his predicament. “I like my plan but I’m losing my doctor,” he lamented, when we met with him. There was, of course, good news that we were able to help. There is a new Medicare enrollment period called “Open Enrollment Period” (OEP) that starts Jan 1, and ends March 31, each year. This is a new enrollment period that just went into effect for 2019. It’s exactly for folks just like Phil, who picked a plan only to find out their primary care physician wasn’t on the plan. This OEP allows a one-time switch for the new plan year. We researched all the available Advantage plans in his geographic area and found that his primary care doctor was on three other Advantage networks. One of the plans even had more appropriate co-pays for services than the plan that Phil was currently on. “So, I get to keep my Doctor and I have lower co-pays”? Phil could not believe his good luck! If you find out that you’ve selected a new Advantage plan for the new year only to find out that your doctor that was supposed to be on the plan, is not, you get a do over! Don’t confuse this new OEP with the Annual Election Period (AEP) where you get to research plans and select a new plan each October 15th through December 7th. This is a completely new enrollment period that allows a one-time change if you selected the wrong plan. So, if you have questions? Call us! We can help!
