It’s not enough to know that you’ll avoid probate after death.
That’s the big difference between estate planning and the holistic legal, financial, and tax planning approach that we take at our elder law firm. With a Personal Care Plan in place, you can make sure that you – or your loved one – age gracefully and comfortably both financially and personally. To further help with that, there are services like Visiting Physicians that visit patients in the comfort of their home or living facility.
In this episode of The Chris Berry Show, I’ll talk about the difference between estate planning and elder law, and Imani Wilson will discuss Visiting Physicians and how they may be a good for you or your loved one.
In this episode, you’ll learn...
- Chris’ positive focus for the week.
- A recent client experience at a clarity-building workshop.
- The difference between estate planning and elder law.
- Why you – and your loved ones – need a holistic legal, financial, and tax plan.
- About a personal care plan and why it’s important.
- The difference between a power of attorney and a Personal Care Plan.
- The things that can be included in your Personal Care Plan.
- When asset protection-based plans make sense.
- The benefits of a Castle trust.
- About Visiting Physicians and when they’d be a good fit.
- The clients that Visiting Physicians serve.
- The services that Visiting Physicians offer.
- How someone would qualify and pay for Visiting Physicians.
- How far they can travel, which insurances they accept, and how to reach out to them.
Q&A
In each episode, I take questions from listeners. If you have any questions that you want answered, feel free to email us at askchris@thechrisberryshow.com. Here are the questions I covered in this episode:
- Elizabeth asked: “Who should I name as the beneficiary of my IRA or 401K? Should it be my trust or my kids after my spouse?”
- Sheri asked: “What’s the difference between a revocable and an irrevocable trust?”
- Melanie asked: “Can I have a will if my husband doesn’t want one?”
- Bob asked: “Can my brother, the named executor, take everything in the bank account? My father recently passed and made my brother and I a bank account trustee.”
Links & Resources
AlzElderCare.com
CJBerryGroup.com
TheChrisBerryShow.com
Michiganestateplanning.com
Register for one of our free estate & asset protection workshops
Visiting Physician Website
Follow us on Social Media
Twitter: www.twitter.com/ElderCareFirm
Facebook: www.facebook.com/chrisberryshow
LinkedIn: www.linkedin.com/in/christopherjberry
