Archived Facts

Posts Tagged ‘landmark’

Landmark: The Inside Story of America’s New Health-Care Law-The Affordable Care Act-and What It Means for Us All (Publicaffairs Reports)

Landmark: The Inside Story of America's New Health-Care Law-The Affordable Care Act-and What It Means for Us All (Publicaffairs Reports)

The Washington Post’s must-read guide to the health care overhaul

What now? Despite the rancorous, divisive, year-long debate in Washington, many Americans still don’t understand what the historic overhaul of the health care system will—or won’t—mean. In Landmark, the national reporting staff of The Washington Post pierces through the confusion, examining the new law’s likely impact on us all: our families, doctors, hospitals, health care providers, insurers, and other parts of a health care system that has grown to occupy one-sixth of the U.S. economy.

Landmark’s behind-the-scenes narrative reveals how just how close the law came to defeat, as well as the compromises and deals that President Obama and his Democratic majority in Congress made in achieving what has eluded their predecessors for the past seventy-five years: A legislative package that expands and transforms American health care coverage.

Landmark is an invaluable resource for anyone eager to understand the changes coming our way.

Price:

Related Posts:

Beating Obamacare: Your Handbook for the New Healthcare Law by McCaughey, Betsy

$3.99
End Date: Tuesday Dec-9-2014 7:52:06 PST
Buy It Now for only: $3.99
Buy It Now | Add to watch list

Landmark : The Inside Story of America's New Health-Care Law S7638
$3.95
End Date: Wednesday Dec-10-2014 14:19:13 PST
Buy It Now for only: $3.95
Buy It Now | Add to watch list

Related Posts:

Boston, MA (PRWEB) August 21, 2012

In the majority of states throughout the United States, including Massachusetts, New Jersey, and California, a judge can sentence prison time to an adult child with resources who chooses not pay for their parents care. While these laws have been around, they were never enforced. States are now leveraging them to attack children with assets, but without Irrevocable Trust asset protection planning, in order to collect on their parent’s health care and nursing home bills.

Prison is still unlikely, but parents’ could easily cost their child their life savings. 29 states are now demanding children pay if their parents become unable to afford it. States are trying to find ways to save money and with Medicaid becoming an exploding part of their budgets, they are now using unenforced Falial laws to collect from adult children. It is going to become much more common, explains Rocco Beatrice, Managing Director of Estate Street Partners. “It is not going to stop there, however. Now that they have successfully litigated these cases, the floodgate will now open and I expect Medicaid to follow suit in most cases over $ 75,000.”

How This Affects Children with Aging Parents

Nursing home care can cost $ 100,000 a year. If mom is in a nursing home for 4 years with assets of 55,000 and she didn’t do Medicaid Asset Protection planning, she will have spent everything in a few months. After she passes the children will now be hit with a bill from the nursing home for $ 345,000. The bill is ignored because, even though asset protection planning was implemented incorrectly, the child believes the nursing home cant come after assets for a parents bills, right? The nursing home and Medicaid take the child to court under a filial responsibility law, making all of their financial statements a public court record for the world to see and ultimately winning a judgment for $ 345,000. Don’t think it can happen? It just did.

Dozens of cases are setting a new precedent on this issue. John Pittas of Pennsylvania didnt think it was his problem either, but the PA Appeals Court disagreed. They ruled that his mothers nursing home could go after John for the $ 93,000 bill. Additionally, all of Mr. Pittas financial information is a public record due to this case. How does one avoid this from happening? Stopping care when mom runs out of money and losing entire retirement savings are not realistic options for most.

Mr. Pittas had the money to pay, but defendants that won cases after being attacked by their state had insufficient assets to pay; reinforcing this fact: states’ expect the child to pay if they can. The best way to avoid having to foot the bill is to plan ahead, urges Mr. Beatrice. Only about half of adults have done estate planning, and 80% of those plans wont help. One must understand the difference between a revocable vs. irrevocable trust; asset protection is not gained with a revocable living trust. They only avoid probate; that doesnt help here. The threat of having to pay for your parents care can be easily alleviated by simply using the right type of high-quality trust; all trusts are not all the same.

With so many threats to your savings, including these filial responsibility laws, typical estate planning offers very little protection. With a expert-crafted Irrevocable Trust, one can enjoy their savings without losing sleep over what could happen, clarifies Mr. Beatrice.

About Estate Street Partners (UltraTrust.com):

Assets can be protected from frivolous lawsuits while eliminating your estate taxes and probate, and also ensuring superior Medicaid asset protection for both parents and children with their Premium UltraTrust

Incoming search terms:

Related Posts:

Beating Obamacare: Your Handbook for the New Healthcare Law

$3.97
End Date: Saturday Dec-13-2014 13:10:08 PST
Buy It Now for only: $3.97
Buy It Now | Add to watch list

Big Pharma: Exposing the Global Healthcare Agenda by Law, Jacky
$4.19
End Date: Wednesday Dec-24-2014 12:27:48 PST
Buy It Now for only: $4.19
Buy It Now | Add to watch list

The law and the public's health (Issues and problems in health care)
$26.27
End Date: Wednesday Dec-24-2014 14:03:37 PST
Buy It Now for only: $26.27
Buy It Now | Add to watch list

Related Posts:

Dynamics of Law in Nursing and Health Care

$3.97
End Date: Monday Dec-1-2014 18:53:53 PST
Buy It Now for only: $3.97
Buy It Now | Add to watch list

California Health Care Law By: Dan J. Tennenhouse, MD, JD
$3.99 (0 Bids)
End Date: Monday Dec-1-2014 14:15:20 PST
Buy It Now for only: $5.19
Buy It Now | Bid now | Add to watch list

The law of hospital and health care administration
$4.05
End Date: Tuesday Dec-23-2014 10:51:33 PST
Buy It Now for only: $4.05
Buy It Now | Add to watch list

Related Posts:

Landmark: The Inside Story of America’s New Health Care Law and What It Means for Us All (Publicaffairs Reports)

Landmark: The Inside Story of America's New Health Care Law and What It Means for Us All (Publicaffairs Reports)

The Washington Post’s must-read guide to the health care overhaul

What now? Despite the rancorous, divisive, year-long debate in Washington, many Americans still don’t understand what the historic overhaul of the health care system will—or won’t—mean. In Landmark, the national reporting staff of The Washington Post pierces through the confusion, examining the new law’s likely impact on us all: our families, doctors, hospitals, health care providers, insurers, and other parts of a health care system that has grown to occupy one-sixth of the U.S. economy.

Landmark’s behind-the-scenes narrative reveals how just how close the law came to defeat, as well as the compromises and deals that President Obama and his Democratic majority in Congress made in achieving what has eluded their predecessors for the past seventy-five years: A legislative package that expands and transforms American health care coverage.

Landmark is an invaluable resource for anyone eager to understand the changes coming our way.

List Price: $ 12.95

Price: $ 0.01

Related Posts:

Sexual Assault: Quick Reference for Healthcare, Social Service, and Law Enforcem

$34.31
End Date: Saturday Nov-29-2014 18:49:18 PST
Buy It Now for only: $34.31
Buy It Now | Add to watch list

Health Care Reform and the Law in Canada: Meeting the Challenge
$13.93
End Date: Thursday Dec-18-2014 10:08:50 PST
Buy It Now for only: $13.93
Buy It Now | Add to watch list

Beating Obamacare: Your Handbook for the New Healthcare Law
$1.00
End Date: Thursday Dec-4-2014 9:34:01 PST
Buy It Now for only: $1.00
Buy It Now | Add to watch list

Incoming search terms:

Related Posts:

Landmark: The Inside Story of America’s New Health Care Law and What It Means for Us All (Publicaffairs Reports)

The Washington Post’s must-read guide to the health care overhaul

What now? Despite the rancorous, divisive, year-long debate in Washington, many Americans still don’t understand what the historic overhaul of the health care system will—or won’t—mean. In Landmark, the national reporting staff of The Washington Post pierces through the confusion, examining the new law’s likely impact on us all: our families, doctors, hospitals, health care providers, insurers, and other parts of a health care system that has grown to occupy one-sixth of the U.S. economy.

Landmark’s behind-the-scenes narrative reveals how just how close the law came to defeat, as well as the compromises and deals that President Obama and his Democratic majority in Congress made in achieving what has eluded their predecessors for the past seventy-five years: A legislative package that expands and transforms American health care coverage.

Landmark is an invaluable resource for anyone eager to understand the changes coming our way.

List Price: $ 12.95

Price: $ 12.95

Related Posts:

Comparative Healthcare Law

$7.31
End Date: Monday Dec-8-2014 11:16:33 PST
Buy It Now for only: $7.31
Buy It Now | Add to watch list

The Law of Tax-Exempt Healthcare Organizations, 2004 Cumulative Supplement
$195.58
End Date: Friday Dec-12-2014 11:32:21 PST
Buy It Now for only: $195.58
Buy It Now | Add to watch list

Legal Aspects of Health Care Administration (Student Case Law Resource Guide to
$7.00
End Date: Sunday Dec-21-2014 8:02:06 PST
Buy It Now for only: $7.00
Buy It Now | Add to watch list

Incoming search terms:

Related Posts:

Landmark: The Inside Story of America’s New Health Care Law and What It Means for Us All (Publicaffairs Reports)

The Washington Post’s must-read guide to the health care overhaul

What now? Despite the rancorous, divisive, year-long debate in Washington, many Americans still don’t understand what the historic overhaul of the health care system will—or won’t—mean. In Landmark, the national reporting staff of The Washington Post pierces through the confusion, examining the new law’s likely impact on us all: our families, doctors, hospitals, health care providers, insurers, and other parts of a health care system that has grown to occupy one-sixth of the U.S. economy.

Landmark’s behind-the-scenes narrative reveals how just how close the law came to defeat, as well as the compromises and deals that President Obama and his Democratic majority in Congress made in achieving what has eluded their predecessors for the past seventy-five years: A legislative package that expands and transforms American health care coverage.

Landmark is an invaluable resource for anyone eager to understand the changes coming our way.
The Washington Post’s must-read guide to the health care overhaul

What now? Despite the rancorous, divisive, year-long debate in Washington, many Americans still don’t understand what the historic overhaul of the health care system will—or won’t—mean. In Landmark, the national reporting staff of The Washington Post pierces through the confusion, examining the new law’s likely impact on us all: our families, doctors, hospitals, health care providers, insurers, and other parts of a health care system that has grown to occupy one-sixth of the U.S. economy.

Landmark’s behind-the-scenes narrative reveals how just how close the law came to defeat, as well as the compromises and deals that President Obama and his Democratic majority in Congress made in achieving what has eluded their predecessors for the past seventy-five years: A legislative package that expands and transforms American health care coverage.

Landmark is an invaluable resource for anyone eager to understand the changes coming our way.

List Price: $ 12.95

Price: $ 12.95

Related Posts: