Monday January 26 | Elder Law & Asset Preservation
January 23, 2009 at 11:43 am | Posted in Coming Up | 3 Comments
Learn how to keep your money safe from unscrupulous caretakers and relatives as you age. A nationally-renowned Elder Law Attorney joins us to discuss asset preservation, how to survive on a fixed income in this unstable economy and we’ll take your questions.
Guest
A. Frank Johns – Elder Law Attorney, Booth Harrington & Johns
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I am 69 years old and have done everything right so far. However, illness and other factors have left me deeply in debt. My question is this: what happens to my heirs with regards to those debts? Will they be forced to assume them?
Comment by Jane— January 26, 2009 #
WE DID WILLS,TRUST, ETC… IN MECKLENBURG. THEN MOVED ACROSS THE STATE LINE. ARE OUR DOCUMETNS STILL GOOD IN SC? I GET CONFLICTING OPINIONS ON WHETHER WE NEED TO RE-DO FOR SC OR NOT.
Comment by PAM— January 26, 2009 #
Mike Collins asked the attorney a pertinent question: “What level of assets would I have to have to use your services?” He found out most Americans are too poor for Mr. Johns’ services. The big message on this show is that it is nearly impossible to protect your home from medical bill liens. If you didn’t transfer it to a younger relative 5 or more years ago and you have big medical expenses it’s probably a goner. What a good argument for a single payer medical insurance system! Live long and prosper, or else.
Comment by Jack Martin— January 30, 2009 #