What are my options?
Learn some solutions for two long-term care planning goals: 1) aging-in-place or 2) protecting assets from future long-term care costs so they pass down as you intend.
ADDT’L COURSE DESCRIPTION: Ben will help participants understand how reverse mortgage regulations have changed to make this a viable long-term care planning option for those who wish to age in place. David will explain how Irrevocable Grantor Trusts can protect some assets from future long-term care costs when government-assistance is needed and why Revocable Living Trusts won’t work in this circumstance.
AGE: 55+
ATTENDANCE: in-person at the Mary Ann Young Center in Blaine MN
COST: FREE
TO REGISTER: Call(763) 786-9375 or register online on our course page in Blaine’s RecConnect Community Outings catalog - to find our course, choose these filters:
- for Location (on left), check Mary Ann Young Center
- for class category (in menu across) choose Senior Programs
- for type of Senior Program and Activity, choose MAYC: Education
- click on this course title and enroll by creating an online account
PRESENTER: Guest speaker, Ben Bina, a reverse mortgage loan consultant with Jay Dacey Mortgage Team, Inc., specializes in explaining the regulatory changes that weren’t in existence in the past, but now are, to make reverse mortgages a viable long-term planning strategy, and which factors should be considered to determine if this is the right option for you.
David P. Salter is the owner and estate planning attorney of Salter Law LLC. For 30 years, he has practiced in estate planning, estate administration, and now offers long-term care pre-planning. David’s knowledge of estate planning strategies is what differentiates him from other attorneys – he is well versed in what does and doesn’t work. His comprehensive, reliable, and personable approach ensures you will enjoy planning for your loved ones and your estate plan will work, as you intended.
David offers seminars throughout the year on estate planning, long-term care pre-planning, and estate administration to the local community and businesses.