Preparing For The Death Of A Loved One - Part 1
Asset Protection Today with Bill Alexander
Release Date: 02/12/2019
Protecting a Spouse With Dementia: The Bob & Sally Story
Asset Protection Today with Bill Alexander
How do you protect your family's assets when one spouse needs care and the other doesn't? In this episode of Asset Protection Today, elder law attorney Bill Alexander shares the case of "Bob and Sally" — a real-world example of an 80-year-old caregiver husband and his wife living with early dementia — to illustrate how smart Medicaid and estate planning can protect both spouses no matter what happens. Bill explains why moving assets into the healthy spouse's name, setting up a supplemental needs trust, and planning for either spouse to pass first are critical steps for families facing a...
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Medicaid Myths Debunked: A Real Client Case Study
Asset Protection Today with Bill Alexander
Think you have to be poor to qualify for Medicaid? Think again. In this episode of Asset Protection Today, elder law attorney Bill Alexander breaks down the biggest misconceptions about Medicaid eligibility using a real client case study, "Jane and John," a couple navigating a sudden health crisis, nursing home costs, and long-term care planning over more than a decade. Bill walks through exactly how Medicaid planning works: protecting a home and vehicle, using a Medicaid-qualified annuity, setting up a supplemental needs trust, and avoiding the five-year look-back penalty — all while...
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The Coming Retirement Crisis: What Gen X Needs to Know
Asset Protection Today with Bill Alexander
40% of Gen Xers have no retirement savings at all — and the median for the rest is just $100,000. In this episode of Asset Protection Today, elder law attorney Bill Alexander breaks down the retirement crisis facing the generations behind the baby boomers, and shares practical strategies for building real financial security before it's too late. Bill covers why Social Security likely won't be enough for future retirees, how much you actually need saved for retirement, and why prioritizing your own retirement savings — even ahead of your kids' college fund — is one of the smartest...
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Turning $50,000 Into a $3 Million Retirement Gift
Asset Protection Today with Bill Alexander
What if you could turn a $50,000 investment into a $3 million retirement fund for your grandchild — completely protected from taxes and creditors? In this episode of Asset Protection Today, elder law attorney Bill Alexander shares the exact strategy he used for his own granddaughter, Lily: an irrevocable life insurance trust (ILIT) designed not for a death benefit, but for long-term, tax-free cash value growth. Bill breaks down how this strategy compares to 530A accounts (Trump Accounts), why placing the policy in a trust creates double asset protection — from creditors and from the IRS...
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Why Time Is Money: Saving for Your Kids' Future the Smart Way
Asset Protection Today with Bill Alexander
Money loses half its value every 20 years — are you planning for that? In this episode of Asset Protection Today, elder law attorney Bill Alexander breaks down how inflation quietly erodes your family's wealth, and why saving for your kids' and grandkids' retirement matters more than saving for college. Bill shares a personal story about 15-cent movie tickets to explain the real cost of inflation over time, then dives into the financial literacy most of us were never taught in school — from compounding interest to credit card debt to mortgage payoff strategies. He explains why each...
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Trump Accounts Explained: How Parents Can Build Tax-Free Wealth for Their Children
Asset Protection Today with Bill Alexander
Trump Accounts Explained: How Parents Can Build Tax-Free Wealth for Their Children What if you could start building a retirement nest egg for your child or grandchild while they are still young? On this episode of Asset Protection Today, attorney Bill Alexander explains the new 530A accounts, commonly known as “Trump Accounts,” and how families may be able to use these accounts as a long-term wealth-building strategy. Bill breaks down how 530A accounts work, who can establish an account, contribution limits, the $1,000 government seed contribution for qualifying children, and how decades...
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When To Convert A Retirement Account To An IRA
Asset Protection Today with Bill Alexander
Bill goes through scenarios of when it makes sense to convert a retirement account to an IRA.
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When To Retire
Asset Protection Today with Bill Alexander
Important concepts to consider before you retire and how to set yourself best for asset protection in retirement.
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After Caregiving
Asset Protection Today with Bill Alexander
Bill continues his conversation with Diane Surgeon as the subject shifts to what you need to do once your caregiving journey has concluded.
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Caregiving Respite
Asset Protection Today with Bill Alexander
Bill welcomes attorney Diane Surgeon to discuss how taking care of yourself when in a caregiving role is an essential part of life planning.
info_outlineIn the first episode of a two-part series, Bill discusses what it was like to lose his brother, who dealt with a long life of health struggles. He offers tips to help those who may be going through a similar experience, and provides insight on what to expect during the process of losing a loved one.