After being betrayed by the heads of Fannie Mae, Freddie Mac, major investment houses, and even the governor of Illinois, people are afraid to trust, and afraid to invest again. This fear of professionals is not making people safer—it is actually making individuals even more vulnerable to ongoing losses that can devastate their accounts.
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Rick L. Law, attorney and executive director of the Medicaid Info Network (an association of trusted physicians and advisors), has announced that beginning in 2005, members of the association will be issued a PIN number which will allow them to request free legal information on basic issues confronting the aging and others with long-term health problems. For more information, call LawElder Law at (800) 810-3100.
There are four crucial areas of investment management, all of which need to be addressed to have a truly healthy financial plan for the future.
We find that clients rely upon us for more than traditional legal advice. We help clients and families put together the “aging puzzle” with its many ill-fitting pieces. . . In fact, the legal advice we provide may be the least complicated piece of the client’s aging puzzle.
When a veteran’s family realizes that the veteran has lost money and may still be ineligible for Medicaid benefits, they are understandably at the loss of both assets and Medicaid benefits. That is what I mean by the Medicaid Time Bomb.