Second Half of Life Podcast
This podcast explores the many issues and topics related to elder law - the wide range of legal matters affecting people in their second half of life and individuals with disabilities. Produced by Steinbacher, Goodall and Yurchak: Your elder care and special needs law firm, providing quality representation in litigation, with locations in Altoona, State College, Wilkes-Barre, Williamsport, Wyalusing and Wysox, Pa. Visit our website at PAElderCounsel.com.
Second Half of Life Podcast
What Happens if I Don't Protect My Assets, But Then Need Long-Term Care?
What are the consequences of not doing any estate planning? Well, you can roll the dice and maybe you won't have any problems. But with an average of 1 in 5 adults needing some type of long-term care in their lives, why tempt fate? Basically, if you require long-term care, whether it's in a nursing home or even some type of in-home care, and you haven't done good estate planning, things could get very dismal, and your assets could disappear in a relatively short time frame.
In this podcast episode, Long-Term Care Planner Kristin Daugherty talks about what can happen if you wait until you need long-term care to do your estate planning.