Ep 107 | Advice For Elderly Parents Care From Guest Expert Asha Paulose episode artwork

EPISODE · Mar 7, 2025 · 33 MIN

Ep 107 | Advice For Elderly Parents Care From Guest Expert Asha Paulose

from Wealthy After 40: Retirement Ready, Financial Freedom, Budgeting, Saving, Debt · host Dalene Higgins

In this podcast episode, estate and elder law attorney Asha Paulose discusses important steps in planning for aging parents' long-term care and financial needs. She emphasizes the importance of early and continuous conversations with parents and outlines critical legal documents like healthcare proxies and powers of attorney. Asha explains common mistakes families make, such as mishandling property transfers and joint accounts, and highlights the role of Medicare and Medicaid in covering long-term care costs. She also offers advice on leveraging legal expertise to ensure both parents' and caregivers' interests are protected.What You’ll Learn From the Podcast:✅ Why long-term care planning is an often-overlooked aspect of retirement planning ✅ How to initiate difficult conversations with parents about aging and long-term care✅ The key documents that families should have in place for protection✅ Difference between Wills and TrustsWhether you’re dealing with the complexities of long-term care planning or just starting the conversation, this episode provides valuable advice to help you protect your parents’ future and ensure their wishes are carried out.Connect with Asha:WebsiteEmail: [email protected] topic or question would you love answered on the podcast?Register at elevatefinances.us/webinar to start your journey to retire in 5 years. Not sure what you need to do to make retirement happen? Let’s identify your priorities and next steps in a Retirement Strategy Session. Book your session today.Looking to learn more about being retirement ready?Join the Facebook community Retirement Ready Hub to continue the conversation and learn how to accelerate your retirement progress.Wondering where your money actually goes each month? Get real answers on a money clarity call. Book yours today.Connect with meFacebook:  https://www.facebook.com/dalene.higgins/

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In this podcast episode, estate and elder law attorney Asha Paulose discusses important steps in planning for aging parents' long-term care and financial needs. She emphasizes the importance of early and continuous conversations with parents and outlines critical legal documents like healthcare proxies and powers of attorney. Asha explains common mistakes families make, such as mishandling property transfers and joint accounts, and highlights the role of Medicare and Medicaid in cover...

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Ep 107 | Advice For Elderly Parents Care From Guest Expert Asha Paulose

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This episode was published on March 7, 2025.

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