Home for the Holidays, and Beyond: Preparing to Age in Place

embed Block
Add an embed URL or code. Learn more.

Lou Pierro & Joe Jackson discuss the secrets to successfully caring for a parent or loved one at home. Finding caregivers you trust, paying for care without going broke, coordinating services necessary to remain at home for the rest of your life take careful planning, and the work of an elder law attorney and geriatric care manager.  Lou & Joe provide their experience in teaming up to provide unique solutions to some of life's most difficult challenges. | Dec 26,2015

Grandma Got Run Over By A Reindeer

embed Block
Add an embed URL or code. Learn more.

The winter season brings many chances for our elderly relatives to be injured, hospitalized and sent to rehab. What happens next? Especially when that person can no longer care for themselves? Are you prepared to set up at-home care for your loved one, or navigate nursing home care? When is it time for Medicaid and what does it cover? Listen below as your hosts Aaron Connor and Frank Hemmingway discuss these pressing topics! | Dec 19, 2015

The 12 [Insurance] Days of Christmas

embed Block
Add an embed URL or code. Learn more.

The 12 [Insurance] Days of Christmas!

On the first day of Christmas, my true love gave to me...

...A $500k term life policy! | Dec 12, 2015

Business Planning With The Experts

embed Block
Add an embed URL or code. Learn more.

What are the most frequent challenges or concerns in Business Planning? What are some of the common issues around exit planning, particularly with family and founder-owned businesses? A frank and in-depth discussion of the business climate in the capital region, and Schwartz Heslin Group's process for Valuation, Investment Banking practices and Strategic Advisory.

Cory Martin, Managing Director and with SHG since 2009, began his professional career in the late 1990’s at Ayco, a business unit of Goldman Sachs & Co.  As a Senior Financial Analyst/ Advisor, Mr. Martin advised high net worth clients on all aspects of their personal and professional financial and life planning.  In 2005, Mr. Martin started The Kalos Group, an independent business advisory Company to broker deals between entrepreneurs and venture capital investors, angel investors, and merchant banks. In addition, he provided advanced financial analysis and business valuations to privately held companies to assist in mergers & acquisitions, estate & gift tax planning, and other complex financial, marketing & business planning. Other positions held have included commercial credit analysis for a community bank and a Sales Director role for a media barter business unit of a large multi-billion dollar advertising agency in NYC.  Mr. Martin holds an MBA in Finance from Sage Graduate School and a BS in Finance from Siena College. He is a member of NACVA and is CVA certified.

Raimundo C. Archibold Jr., Managing Director, joined the firm in 2010 and specializes in corporate finance, strategic planning and M&A activities.  Prior to joining SHG, he enjoyed a career in finance in New York City for over 25 years, principally as an equity analyst covering the technology and telecommunications sectors.  Mr. Archibold has wide experience in equities and capital markets and has been involved in over 20 initial public offerings and M&A transactions.  His experience includes work with JP Morgan Equity Research where he was the lead analyst covering the IT Services sector.  At Kaufman Bros, he was the lead analyst covering the telecommunications industry.  In addition, Mr. Archibold advised financial institutions while at Fox-Pitt Kelton.  He has experience as an investor in the technology, media and telecommunications industries, and as a financial advisor working with entrepreneurs and professionals.  He earned a bachelor’s degree in accounting and finance from the University of Dayton, and an MBA in economics from Pace University.  Mr. Archibold is a Chartered Financial Analyst. | Dec 05, 2016

Protecting Assets and Making the Most of Retirement

embed Block
Add an embed URL or code. Learn more.

Lou Pierro and Bob Vandy discuss the changes for 2016 pertaining to taxes, insurance, Medicare, Medicaid, Social Security and Retirement Planning. How to make the most of your retirement, protect your home and assets and plan for your family. | Nov 28, 2015

Planning with Powers of Attorney, Health Care Proxies, Trusts, Wills and Consequences of Failing to Plan

embed Block
Add an embed URL or code. Learn more.

Hosts Lou Pierro and Aaron Connor discuss the keys to sound estate planning, how to keep your family out of Probate and Guardianship Courts, and what to do if you have failed to plan and need legal help.

What does Guardianship entail? What happens if you fail to plan? Tune in as Lou Pierro, Elder Law Attorney and Aaron Connor, Litigator, share vital steps to actively plan for your loved ones and the profound ramifications that may occur if you don’t:   

• When one child moves in with Mom and cuts the other children off, what do you do? 
• When you find people are taking financial advantage of your parents, how do you respond?
• What do you do when you discover your mother’s home health aid is now her power of attorney? 
| Nov 21, 2015

The Importance of Planning for Long-Term Care Needs

embed Block
Add an embed URL or code. Learn more.

November is Long-Term Care Insurance Awareness Month! This week, we were joined by special guest, Jesse Slome, the Executive Director of the American Association for Long-Term Care Insurance. Jesse was able to explain the following about LTCIAM:

Why LTCIAM?
Trends in the LTCI industry
Sourcebook data (e.g. common policy benefits, claims data, etc.)

 he American Association for Long-Term Care Insurance is the national professional organization exclusively dedicated to promoting the importance of planning for long-term care needs. Founded in 1998, the Association is the nation's leading independent organization, serving those who offer long-term care insurance and other planning solutions. Their members constitute the nation's most knowledgeable and committed professionals along with leading LTC providers.

This week's show discussed and answered the following:

My CPA says term is the best life insurance; is that true?
My significant other and I are not likely to get married, so do we really need to consider LTCI?
I heard it doesn’t make sense to buy a Partnership LTCI policy if you plan to retire to FL; is that true?
My mom got a notice that her LTCI policy is going to have a rate increase; should she keep it?
I’ve heard LTCI is too expensive; why should I bother looking into it?
My life insurance agent said I don’t need LTCI; I should just buy one of his companies’ new policies with a LTC rider – is that a good strategy? | Nov 14, 2015

Long Term Care Planning With Insurance

embed Block
Add an embed URL or code. Learn more.

Do you know what it takes to live long and well in the comfort of your home? Are you prepared to face the costs of Long –Term Care at a time when Medicare and Social Security are in jeopardy?  Listen live asLou Pierro, Elder Law Attorney, Bob Vandy & Brian Johnson from New York Long-Term Care Brokers share vital tools and techniques for aging in place and discuss the facts:

• 70% of Americans age 65 and older will need long-term care services and support at some point in their lifetime.

The Society of Actuaries recently released new mortality tables showing increased longevity for 65 year-olds:

• 65 Year Old Males = 21.6 yrs to age 86.6 (up from 19.6 yrs; 10.4% increase)
• 65 Year Old Females = 23.8 yrs to age 88.8 (up from 21.4 yrs; 11.3% increase)

New York Costs of Care

• Nursing Home costs – up to $200,000/year
• Assisted Living - $4,000 – 9,500/month
• Home Care Costs can range from $0 to $250,000/year! 

Questions that will be Answered:

• Is income sufficient to pay for a chronic illness? 
• How long will assets last? 
• What happens if you run out of money due to Long-Term Care needs? 

We'll be joined by special guest, Joseph Jackson, Founder of ElderCare Advisors, Inc. & Geriatric Care Manager. Learn how you can stay at home, protect your hard-earned money and provide for your family with sound legal planning. | Nov 07, 2015

Aging in Place

embed Block
Add an embed URL or code. Learn more.

Bob Vandy and Jane-Marie Schaeffer discuss the role of Long-Term Care Insurance in keeping you at home and role of Medicaid Home Care in providing home care services. | Oct 17, 2015

Risk Management: Insurance Products and Legal Planning Techniques

embed Block
Add an embed URL or code. Learn more.

Lou Pierro, Bob Vandy and Brian Johnson offer valuable insight on the latest Insurance Products and Legal Planning techniques to help you and your families plan for extended health care and protect hard earned assets. In preparation for Long-Term Care Insurance Awareness Month in November, Brian and Bob provide listeners with a detailed look at the Total Asset Protection, NYS Partnership plan and give real life examples to illustrate how this valuable coverage is now more affordable than ever! | Oct 10, 2015

Bob Vandy and David Staggs Discuss Changes in Estate Taxes, Life Insurance, and Trusts

embed Block
Add an embed URL or code. Learn more.

Bob Vandy and David Staggs discuss what Bob calls "estate planning potpourri." Listen in as they dive into the pressing issues regarding changes in estate taxes and how insurance works together with estate planning to accomplish multiple objectives. Additionally, you'll hear about the projected numbers for January 2016.
| Oct 03, 2016