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Second Half of Life Podcast

Education Podcasts

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 Williamsport and State College, Pa. Visit our website at PAElderCounsel.com.

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 Williamsport and State College, Pa. Visit our website at PAElderCounsel.com.

Location:

United States

Description:

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 Williamsport and State College, Pa. Visit our website at PAElderCounsel.com.

Language:

English

Contact:

570-322-2077


Episodes

The SECURE Act and its Effect on Long-Term Care Planning

1/11/2021
The SECURE Act went into effect about a year ago, on Jan. 1, 2020. In this episode, Attorney Jenna Franks discusses the SECURE Act's effect on estate planning, based on the firm's experience in planning with clients over the last year. While originally given to a group of professionals, this presentation can be helpful for those about to begin their estate planning and those that have already done some planning, but who could be affected by the provisions in the SECURE Act. Jenna also gives...

Duration:00:42:49

Tricks to Beat Death and Taxes

1/4/2021
It has been said that the only two certain things in life are death and taxes. While you ultimately can't avoid either, you can have your way after you pass away. In this episode, Attorney Brittany Smith and Long-Term Care Planner Tammy Zilske give tips for effective estate administration, so that you can allow a difficult time for your family to be made easier while ensuring that appropriate decisions are made on final distribution of your estate. Among the topics discussed are...

Duration:01:04:51

Advancing Forward Amid Crisis: Things for Business Owners to Keep in Mind for 2021

12/28/2020
Just as she kicked off our rebranded podcast earlier this year while we were in the midst of the COVID-19 shutdown in April, Attorney Julie Steinbacher, our firm's founder and owner, now wraps up our first podcast season with this final episode of 2020, which appropriately looks ahead to 2021 from a small business perspective in light of all that has happened in 2020. Among the topics discussed are COVID-19 vaccinations from an employer standpoint, caring for employees and the importance of...

Duration:00:43:09

Having Difficult Estate Planning Conversations with Family

12/20/2020
Of course we always recommend that people are proactive rather than reactive with respect to doing their estate planning and discussing it with other loved ones as appropriate. Generally speaking, those that are proactive as opposed to reactive will have better outcomes. However, as a practical matter, it's seldom easy to talk about with your children what you want to happen after you pass away, nor is it easy for an adult child to bring up the subject with their aging parents. In this brief...

Duration:00:07:08

What if a Family Member Needs Care?

12/19/2020
In this episode, a brief clip from a virtual happy hour discussion held on November 18, 2020, Long-Term Care Planner Kristin Daugherty talks about what you should do if, after visiting aging family members over the holidays, you notice a decline in a loved one's health - either physical or mental. She also discusses what sets elder law firms like ours apart.

Duration:00:06:21

Basic Estate Planning (in just five minutes)

12/18/2020
What do we mean when we talk about estate planning? Well, there's a lot that it entails, and to get into everything in depth, it takes a lot longer than just five minutes. But, in this clip from a virtual happy hour event event from November 18, 2020, Attorney Jenna Franks gives a short version of what we're generally talking about when we refer to estate planning. Jenna gives a few tips on what is most important to be aware of regarding Wills and Powers of Attorney, and also gives a tip...

Duration:00:05:40

The Secret Strategy: Planning Tips for Your Second Half of Life

12/11/2020
In this episode, Attorney Brittany Smith and Long-Term Care Planner Tammy Zilske discuss legal strategies that are available to anyone and everyone that will help minimize the financial and emotional impact of a healthcare crisis for you or a loved one. Learn more about the five-year Medicaid lookback period and how to use that to your advantage to qualify for Medical Assistance to help pay for long-term care if you need it in the future, or even right now. Brittany and Tammy also discuss...

Duration:01:17:32

Basic Training: How to Make the Most of your Veterans' Benefits

12/4/2020
In this episode, a recording of a special virtual seminar given in honor of Veterans Day 2020 and all of the brave veterans out there, Attorney Brittany Smith and Long-Term Care Planner Tammy Zilske aim to help them achieve their mission of unlocking the full potential of their VA benefits. Topics discussed include eligible wartimes and available benefits for spouses, how to access the three levels of monthly pension, income and net worth limits (which isn't the same as your standard net...

Duration:00:38:49

Does Your Power of Attorney Have Everything it Needs?

11/27/2020
In this short clip from a virtual happy hour discussion held with a private group in October, Attorney Jenna Franks and Long-Term Care Planner Kristin Daugherty talk about the importance of not only have a Power of Attorney, but also that the document is done correctly and accounts for all reasonably possible situations. Kristin also gives an example of something that all financial POAs should have and if they don't, it could create a major problem when trying to protect assets from...

Duration:00:06:59

Strategies to Protect & Provide in a Health Crisis

11/20/2020
A bad fall, stroke, dementia diagnosis, or other unexpected illness are things beyond one's control that could create a need for nursing home care, either temporarily or for the long term. But are you prepared for the financial ramifications of requiring nursing home care, either for yourself or a loved one? In this episode, Attorney Jenna Franks and Long-Term Care Planner Kristin Daugherty discuss legal strategies that are available to everyone to help minimize the financial and emotional...

Duration:01:12:30

Planning for the Second Half of Life: What You Need to Know About IRAs, Trusts & Taxes

11/13/2020
In this podcast episode, an audio recording of a virtual seminar originally presented to a private audience in September 2020, Attorney Julie Steinbacher, founding shareholder of Steinbacher, Goodall & Yurchak, discusses everything one would need to know about planning for the second half of life, with a particular emphasis on IRAs, trusts and taxes. She begins the presentation by talking about the foundational documents that everyone should have, such as Wills and Powers of Attorney, and...

Duration:01:04:02

Types of Long-Term Care and How to Pay for Them

11/6/2020
What if you or a family member have an unexpected health crisis, such as a fall, stroke, accident, or dementia diagnosis? What if this crisis leave you or your loved one in need of some form of long-term care? What are your options, and how will you pay for this care? In this episode, a recording of part of an informal virtual discussion held in September 2020, Kristin Daugherty and Tammy Zilske, our firm's two Long-Term Care Planners, discuss the different levels of long-term care and what...

Duration:00:31:11

Consequences of not Having Good Power of Attorney Documents

11/2/2020
So, you have a Power of Attorney. First of all - what kind of POA is it - financial, healthcare, living will, mental health, or all of the above? What is in it? How long ago was it drafted? Have any of your personal circumstances changed since it was originally done? It is critically important to review your POAs periodically, because if there are critical components missing, it can greatly affect someone's ability to carry out the wishes of an incapacitated loved one. It can also affect a...

Duration:00:02:47

Medicaid Compliant Annuities

11/1/2020
In this brief episode, a clip from a virtual event in September titled "Piecing Together the Long-Term Care Puzzle," Long-Term Care Planner Tammy Zilske talks about the use of a Medicaid Compliant Annuity to help pay for the cost of long-term care and to help qualify an individual for Medicaid benefits to pay for the cost of long-term care. The rules for such a product are complicated, so it is recommended that you consult an elder law attorney (like our firm!) before purchasing one.

Duration:00:03:50

Can Children be Held Liable for Their Parents' Nursing Home Bills?

10/31/2020
Can adult children be held liable for their parents' nursing home bills? The short answer is yes, but this usually only happens as a last resort and in situations when there has been little or no planning done, or the adult child completely disappears or stops communicating with the nursing home. Our firm's long-term care planners Kristin Daugherty and Tammy Zilske explain more about the Pennsylvania law that allows this, the relatively rare situations in which this may happen and how to...

Duration:00:08:18

Explaining the Medicaid Five-Year Lookback

10/30/2020
Nursing home care costs nearly $11k per month in Pennsylvania in 2020. So, what happens if you or a loved one finds yourself in need of long-term care, either expectedly or unexpectedly, but especially if this circumstance hasn't been planned for previously? You'll either need to pay for it out of your own (or your family's) pocket, using any possible long-term care insurance you may have to at least partially offset those costs, or you'll need to apply for Medicaid benefits for these...

Duration:00:11:14

The Basics of Estate Planning

10/23/2020
Attorney Julie Steinbacher, the founding shareholder of Steinbacher, Goodall & Yurchak, gives this comprehensive presentation about the many aspects of estate planning. She uses a number of personal stories and anecdotes from her nearly 20 years of practice as an elder law attorney, social workers and long-term care facility owner, to relate to the audience and impress the importance of developing each part of an estate plan for your second half of life. An estate plan is more than just a...

Duration:01:39:41

Levels of Long-Term Care

10/15/2020
In this podcast episode, a small portion of our Wine & Wills virtual event from Sept. 1, Long-Term Care Planner Kristin Daugherty explains the three levels of long-term care and what characterizes each of them, how they are paid for differently in some cases in terms of which are eligible to paid for by Medicaid, and how each individual's needs differ, as well as how each individual pays for such care. If you enjoyed this informative episode about different types of long-term care,...

Duration:00:07:08

Putting an Investment Account into a Trust

10/14/2020
Attorney Jenna Franks briefly explains the tax situation if an investment account (not to be confused with a qualified retirement plan) is put into a trust, and what our firm generally does to keep the tax rate on such an account as low as possible. This is a brief clip from our Wine & Wills virtual event held on Sept. 1.

Duration:00:01:17

Qualifying for Medicaid to Pay for Long Term Care Costs

10/13/2020
In this episode, a clip from our Wine & Wills virtual event on Sept. 1, Long-Term Planner Kristin Daugherty discusses using Medicaid to pay for long-term care costs. In addition to the better-known version of Medicaid (also called medical assistance), which is used by people of a certain income level for general healthcare, Medicaid is and can also be used by people of varying asset levels to pay for long-term care costs. So, how can you qualify for Medicaid to pay for long-term care if you...

Duration:00:04:57