St. Lawrence County AARP cordially invites the public to this free workshop on May 9th at Best Western (Canton) from 4:30pm to 6:30pm. How Do I Protect My Home and Life Savings? Asset Protection is something people do every day, without thinking about it. Car insurance, fire insurance, health insurance – these are all limited forms of Asset Protection. These products are designed to protect your family against financial ruin should economic disaster strike. However, the amount that they will protect is limited to the value of the policies. Another form of Asset Protection is to insulate, or shield, your assets from potential creditors. This is most easily done with specifically designed Asset Protection Trusts. A properly designed Asset Protection Trust will keep you in control of your assets, but will shield them from potential lawsuits, creditors and even nursing homes or Medicaid. Only by taking the time before this issue strikes can you be sure that there will be something to leave behind for your loved ones. By taking steps to protect your assets now, you are also starting the estate planning process. Learn how to protect your assets with the Syracuse elder law attorney, John M. Murphy, Jr., Esq.and the team at Safe Harbor Wills and Trusts. Their focus is on asset protection, Medicaid and nursing home planning, wills, estate planning, and probate.
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The St. Lawrence County Chapter (SLCC) #2831 is a community of advocacy and volunteers whose purpose is to 1) promote at the local level the priorities, programs and policies specific for the benefit of our seniors, 2) maximize member engagement in a broad menu of services, information and educational activities, 3) demonstrate the contributions and potential of people who are 50+ to encourage their full participation in contemporary life, 4) create fundraising opportunities to achieve self-sufficiency, and 5) stimulate public interest in a variety of issues.
Past Posts:
November 2019
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