Elder Law Attorney, RG SKadberg Visits Money Matters with Greg Farrall Radio Show
It is like going home again, with a twist. Attorney RG Skadberg worked in radio for more than 15 years. So, he never passes up an opportunity to get behind the mic. Add to that, an opportunity to educate listeners about Elder Law issues, and there was no question where RG would be on Monday morning.
Greg Farrall, founder, and CEO of Farrall Wealth, hosts a weekly radio show on WVLP – Valparaiso’s Community radio station. During the show, issues that face families as parents or a spouse face long-term care expenses. There are a number of ways to plan to cover the costs. One of the key items that came from the show is that it is essential to start thinking, discussing, and planning for long-term care as early as possible. Key documents need to be in place. Some options become more of an expense or go away altogether if a person waits too long to explore.
Care in Place
The conversation addressed the growing marketplace that assists with “Care in Place.” The expensive, specific Long-Term Care Insurance Policies are not the only way to share the expense of in-home care. Several companies offer options that lower the qualifications cost, and expand coverage. Additionally, Medicaid is shifting more resources away from 24/7 nursing home requirements, too.
Not Just a Conversation on the Radio, But One You Should Have, Too
It is important to put a team to work for you to understand the planning to consider. A good relationship with a financial adviser is key. Also, engage an attorney to make sure that proper documentation is executed and decision-makers are legally appointed.
If you would like to start the conversation, take advantage of a complimentary 30 minute with an Estate and Elder Law Planning Attorney. Complete the form to the right or call (219) 230-3600 today! CCSK Law is located in Valparaiso and we serve clients throughout Indiana.