The Life and Legacy Show: Recent Episodes
Tim Sechler
Hosted by Certified Elder Law Attorney, Tim Sechler from Pittsburgh, PA. On this show we discuss all things Elder Law, Estate Planning, Asset Protection Planning. Tim will teach you how to protect your life savings from long term care concerns and other financial pitfalls. We'll discuss changes in the law that affect you. You'll get Tim's take on what makes a good estate plan and what opportunities families sometimes miss. You'll learn about upcoming events for retirees around Pittsburgh. Sometimes, we simply discuss the things Tim finds interesting.
At a recent Red Wagon Club event, one of our members stopped me and said - "Hey. I listen to your radio show. You occasionally mention the RWC, but you don't actually tell people what it is. You should. It's Great."
Well, thanks for the suggestion. Here you go!
Is the Federal Estate Tax coming back? Looks that way. Here's what to know.
In this episode, Tim also dives into the PA Inheritance Tax and how the Secure Act imposes a new death tax on the middle class.
Want more money to get to your family rather than the government? Start here.
When retirees do proper estate planning, it becomes necessary to start to hand over some responsibilities to family members. That said, that doesn't mean you have to give up control. This week's episode dives into how to do proper estate planning without losing control.
There's a dirty secret everyone knows, yet no one is trying to improve it. Here it is: Our Government is Failing Our Seniors. See, you knew that already, right?
Well if you did, what have you taken to prevent them from failing you? Join us for this episode to learn how to protect yourself and your family.
"Once someone goes into a nursing home, there's nothing you can do." "You can't protect assets if you need care in the next five years." "It's illegal to give your stuff away within 5 years of the nursing home." These are all comments we have heard from our clients and other lawyers. Unfortuantely, they're all untrue.
The 5 Year Clock is one consideration for getting the government to pay for your nursing home. It's not the only consideration. Rules have exceptions. Let's learn a few strategies that might just save your live savings.
The primary role of a parent is to raise good humans. This duty exists even if parents pass away young due to an accident. We can't let our childrens' future depend on our good health. We need to plan. On this episode, I'll teach you how to set up an estate plan that actually works.
The Pittsburgh Post Gazette reported on June 9, 2024 that 21 long term care facilities have filed for bankruptcy protection since the beginning of May. Separately, 2 others are simply closing their doors.
What the H*%@ is going on here? What can we do to stop it? Listen up (especially if you're in politics).
If you've been listening a while, you know that most of our conversations are about retirees. So, we thought we'd do something a little different. In this episode, Tim explains effective estate planning for families with younger kids. Great ideas in this episode for your kids and grandkids.
Yes, you read that correctly. You love your kids too much than to leave them an inheritance outright. Instead, what you should be doing is leaving them their inheritance in a trust.
In this episode, Tim discusses what he calls a Separate Share Trust that is set up to protect your kids from their future creditors and predators. Truly a situation where they can have their cake and eat it too!
I get it... it's nice outside. It's warm. It's sunny. There are burgers and dogs on the grill. Even though Memorial Day coincides with the beginning of summer, doesn't mean it's a festive holiday.
In this episode Tim talks about the real meaning of Memorial Day and tells some personal stories that he's thankful he has. Have you told anyone your stories?
For years there was something that bothered me about my estate planning practice and I could never quite tell what it was. We had lots of clients. They chose the plans they though fit the need. What was wrong?
The problem was that the clients didn't know what they needed. How could they? They don't have a crystal ball and they don't know what problems they will face in the future. It was all a guess about which tool they may need.
So, we eliminated the guessing game. We just provide a toolbox to our clients that has all the tools they could likely need.
Listen to this episode to figure out how we cracked the code on giving your family the best possible plan.
You read that title correctly. In Pennsylvania, nursing homes can sue adult children for their parents' care under our Filial Support law. It only applies in limited situations and can be avoided with proper planning. Listen to this weeks episode to learn how to avoid this nightmare.
In this episode, Tim discusses the three time periods when people do planning:
- Young with young kids
- Empty Nesters
- Retirees
The goals of each of these groups vary. The tools we use to accomplish the goals may vary. But a few things remain constant. Regardless of your stage of life, you want your money to support your family. You don't want it to be lost to broken government rulebooks and wast. Let's set your family up for true success.
Shhhh..... Here's a dirty secret. Most law firms don't fund trusts. If you have a trust already, there's a decent chance it's not funded properly (or at all).
In this episode Tim talks about why most firms don't fund trusts and how estate planning works when done properly.
Of all the cruel legal rules impacting seniors, the Estate Recovery Program has got to be the worst! It's sole purpose is to take your house after you die!
A new piece of legislation seeks to end the program. Will it pass? Who knows... but I wouldn't bet on it.
I'd rather you understand now how to avoid the awful program and keep your savings out of the clutches of the government. Listen up folks... this one is important.
I recently asked our Managing Attorney, Amy Rees, the questions she gets asked the most. Her Answer:
- Should I have a will or a trust?
- Revocable trust or Irrevocable Trust?
- How can I avoid paying taxes when my home sells?
- Can you explain the 5 year look back for nursing homes?
- Should I give my house to my child?
Curious about these questions? Let's tackle them together.
Let's face it... we're all going to get sick. We're all going to eventually pass away. If we are bold enough to accept this truth, then we can be bold enough to plan well.
Someone is going to need to communicate with our doctors. Do you know who that is? Have you explained to them how you'd want to be treated?
This isn't fun to think about... but it's necessary. Let's be bold.
I was asked this question a year and a half ago by my business coach. To be honest, it kinda rocked my world. Although we had a successful law firm working hard to help people with great plans, he was making the point that we could be doing even better.
As a result, we went on a mission to improve our systems in a way that would get people better plans at a better price. Listen to this episode to find out how we've changed everything about our firm... and maybe our industry.
Most Estate and Elder Law problems are easily avoidable. Listen to this weeks tips to learn about some common mistakes you'll want to avoid.
In October 2019, the US Government voted to steal your childrens' inheritances. How did they do it? Who are they going to do it again? Check out this episode to find out.
The subject of estate planning confuses a lot of people. There are so many things to consider. How do I protect against probate, taxes, and nursing homes? Is a will good enough? Should I consider a trust? What type of trust?
In this episode, Tim discusses what just might be the perfect estate plan for middle-class baby boomers.
Here's a hint: Which is better... a screw driver or a hammer? Our bet is that you have both in your toolbox.
$53 Trillion will pass from the Baby Boomers to Gen X and the Millennials. BUT almost 70% of that money is with the wealthiest 7%. What about the other 93%?
Well, a lot of their money is in jeopardy due to long term care costs. So, will your kids receive an inheritance? Listen to this episode to learn about why you need an elder law attorney.
Happy New Year's. Tis the season for planning and getting your affairs in order. This episode has some helpful tips for how to review your existing plan. Tim also explains some common mistakes in wills and powers of attorney. Enjoy!
Joy to the World and Peace on Earth starts with a Joyous Household and Peaceful family. In this Holiday Episode, Tim teaches you 12 tips for a better estate plan. Avoid the mistakes that others are making!
Merry Christmas!
It's Christmas family gathering time! This year, let's make it a little more meaningful with some great conversations. Listen to this weeks episode to find out how to start the most important conversations!
Nursing shortages. Low reimbursement rates. Increasing staffing requirements.
Nursing homes are in a tough spot right now. Here's how to plan properly to get the care you need on your terms.
At Sechler Law Firm, we've gotten lots of questions about our Red Wagon Club and how it is the BEST way to support middle class families with their estate plans. Listen to this week's episode to find out how we're changing the rules of how law firms support their clients.
"Billy Stay" is a beautiful song by musician Zach Bryan. The song wrestles with how to stay a great companion for someone suffering from dementia. In this week's episode, let's take a look at the lyrics and learn some great lessons on caregiving. Also, Tim discusses different residential care options for someone with dementia. Have a listen - then check out the song too!
The Government is failing our seniors. In this episode, Tim discusses some shortfalls of Medicare, Medicaid and what you can do about it.
Happy Veterans Day! In honor of our Vets, Tim is does a quick review of some of the programs available to help Veterans pay for care if and when they need it. If you're a Veteran, listen in to learn about how you can access programs to pay for your long term care needs.
It's open enrollment season for Medicare recipients. This means this is the one time each year you could change plans. In this episode Tim does a brief compare/contrast of your Medicare options and also describes why you need to also become eligible for Medicaid benefits. Learn more about all your healthcare programs in this episode.
Afraid to visit a law firm to discuss estate planning? Well, it's Halloween season and this time of year we have to conquer all our fears of witches and ghosts. Let's tackle the estate planning fears too!
I know, I know. Your Dad didn't have a trust. Your Mom didn't have a trust. Your Uncles and Aunts didn't have a trust. Your grandparents didn't have a trust.
So, you think you certainly don't need a trust, right? WRONG! Listen to this episode on why so many of our clients hold their primary residence in a trust.... and why maybe you should too.
For most law firms, the client experience is an afterthought. Paid consultations. Complicated legaleeze. Signing documents you don't fully understand.
Not for us. At Sechler Law Firm... we're changing the game. Our unique process allows us to serve clients in a way that focuses on education and long-term relationships. We love this new process almost as much as our clients. Learn about it on this episode.
What do you do when a loved one gets sick? What if you're the one they turn to for help? Where do you turn for help?
What if you lose a parent or other loved one and now you're in charge? What do you do first?
In this episode, Tim gives some simple tips on what to do next.
In a recent workshop we did, I had two attendees adamant about these two issues:
1. Revocable Trusts protect assets, and
2. Irrevocable Trusts require you to give up control.
Here's the problem... they were both wrong. Revocable trusts don't protect assets and not all irrevocable trusts give up control.
Listen in to learn more!
Yes, old dogs can learn new tricks. In our law firm, we have a new and fun program designed to get you the best plan at a great price. Listen in to this week's show to find out about the best way to get a fantastic estate plan.
At the Sechler Law Firm, we think about things a little differently than other firms. We don't think you're a transaction and that it's all about death planning. Instead, we want a relationship with you to help you have a happy and financially secure retirement.
Check out this episode to find out about what your law firm should be doing to help you!
Oliver Anthony's hit song "Rich Men North of Richmond" has gone viral in the last 3 weeks because it has resonated with the middle class. In this Labor Day episode, Tim shares some of the ways the government has made it harder for middle-class families - and what you can do about it.
It's FOOTBALL SEASON!
Whether a football coach prefers the Air Raid Offense or a Tough Nosed Running Game, all of them agree on one thing: You Have To Avoid Turnovers.
The same holds true with estate planning. We want to complete the pass (wealth transfer) to the receiver (your family) without any interceptions. Let's chat about a game plan that blocks the other team every time!
Those are the words one of our recent estate planning workshop participants yelled once it clicked. We had been discussing trusts for a bit and it just wasn't clicking for her. Then... she got it. "Oh I see how it works! I want that trust!"
Listen in to hear the story about irrevocable trusts that made her yell out loud.
Did you know there are actually 4 death taxes that could impact you upon your death? As you'd probably guess, it is hard to avoid them all. So which ones should we avoid. This episode dives into the Federal Estate Tax, the PA Inheritance Tax, the Capital Gains Tax and The Secure Act.
This show is a great overview for all the death taxes you should know about.
Did you know that if you go to the nursing home, the state can take your house from your estate? The states don't say it this bluntly, but it's true.
Each year, the government collects over $700 Million through a process called Estate Recovery. Pennsylvania is one of five states responsible for nearly 40% of all collections nationwide.
In this episode, Tim explains what Estate Recovery is all about and what you can do to protect yourself.
"I don't want to be a burden on my kids". This is a comment nearly all our clients make at some point during the planning process. What does this mean, exactly? And what are the planning opportunities to make things easier on your kids if you get sick or pass away? Pay attention to this episode.... your kids will thank you.
Ever wondered why some people have their home in a trust and others don't? It's simple really, the people who have put their house into a trust simply understand the estate planning game better.
Trusts are increasingly being used by middle-class families to protect assets from issues like probate and nursing homes. In this episode, you'll learn all the reasons why you should create a trust for your home.
In last week's episode, Tim explained 5 reasons why estate plans fail. In this week's show, Tim gives 5 more issues to look out for. If you want your estate plan to work, this is great info. Enjoy.
One of the benefits of doing proper estate planning is to reduce stress for yourself and your family. But when plans fail, it can create a real nightmare instead. In this episode, Tim explains some very common estate planning mistakes that can result in big problems.
If you can write the Declaration of Independence, you should be able to write a will, right? Well, yeah, kind of. Hindsight is 20/20 and in this episode Tim examines the wills of Thomas Jefferson and Benjamin Franklin and finds some surprising commonalities with how we still plan today.
Happy Independence Day
According to a recent Pittsburgh Post-Gazette article, retired Pittsburghers stay in their homes longer than any other major metro area. This has some unique implications for estate planning. Listen to this episode to learn more about how you can protect that house you've owned forever.
Happy Father's Day! Being a Dad rocks. Being a Dad also comes with some responsibilities. One of these is planning for your own absence. Who would do all the Dad Stuff if you weren't around? In this episode, let's explore how you can be a great Dad, even if you're not here.
How could a death tax be good? Trick question... it can't. But luckily for middle class Pennsylvnians, one of them doesn't apply. The other 2 do. And they're bad. And they're ugly. Learn more about them in this episode.
The last few episodes we've done have gotten lots of listens and we've gotten lots of questions. Here are the answers to your questions about:
Why simple wills are insufficient
Why you should consider a trust
Why you shouldn't put your house in your kids' names.
This is a good recap of the last few episodes that have gotten some attention.
Thanks for listening.
"You're not rich, all you need is a simple will." This phrase, or something like it, is very common advice in typical law firms. But we're not typical. We'd rather do the RIGHT plan, even if it's not "simple." In this episode we dive in to why a simple will is probably not the right tool for you.
This week, Tim is joined by Emily Stumpner of Life Butler County. They discuss one of the best-kept secrets in long term care.... the LIFE program.
This is the best way for a senior to stay in their home, rather than go to a nursing home. To learn all about the program, it's benefits, and how to become eligible... check out this week's episode.
In the show Yellowstone, Kevin Costner plays the lead role of John Dutton. Dutton is willing to do just about anything to protect his home against the threat of others taking it.
You have more in common with Dutton than you may think. The state's long term care system is set up to take your home. Are you willing to take steps to protect it?
The tale of a family where one spouse needs the nursing home. The first scenario is without a trust. The second scenario is with a trust. Which would you prefer for your family?
Probably. Here's Why.
Your biggest financial threat in retirement is the potential need for long-term care. Nursing homes cost $150,000/year or more, but we can protect significant savings by having your house in a trust.
Estate planning is complicated and simple at the same time. The documents and the laws are complicated. Wanting to protect yourself is simple.
This is a great listen for any retiree!
In your search for the best estate plan, you have to wade through tons of information. In this episode, Tim separates the Truth from the lies and the opinions. There are many opinions. There is only one Truth and the best decisions are made based on an understanding of what is True.
In this episode, you'll learn some of the harsh truths facing seniors. You'll also learn how to protect yourself.
This episode is for those who prefer to live hand in hand with Truth.
One of the reasons people get confused about estate planning is that laws are often contradictory. Tax law may say one thing... long-term care law may say the opposite.
In this episode, Tim discusses the 3 Lands of Estate Planning that you need to understand in the estate planning process:
Estate Planning Land
Tax Land
Long-term Care Land
*Credit to my great friend and brilliant lawyer, Jeff Bellomo
It is more than likely that you currently own an asset with beneficiary designations. Is that a good idea?
In this episode, Tim tackles some misconceptions about beneficiary designations. He discusses where beneficiary designations help and when they should be avoided. It's a good listen for you and your financial advisor.
In this week's episode, Tim is joined by Ben Rovee of Strategic Financial Designs. Ben does a great job of providing a simple explanation of the different types of life insurance plans you could consider. Valuable info regardless of your stage of life. Thanks for joining us Ben!
Over the few years, there have been many new laws and rules to impact your retirement accounts. First came the Secure Act. Now we have ESG and Biden's veto of bipartisan legislation to end it.
Here's what you need to know about the people running your retirement account.
What's the right plan for me? This is a question most of our clients have on their mind when they come to our office. Here's the secret... there isn't a perfect estate plan.
There would be, of course, if you could tell me if and when you may get sick, if there would be a disability in your family, when your were going to die, and about 3 dozen other variables, I could tell you exactly which documents to use. Assuming you can't do that, then I have to tell you that a perfect plan doesn't exist.
That said, we can still do the "best" plan by considering all these variables and giving you the tools you need for the job. Tune in to this episode to learn about how to get the best plan for your family.
On this show we frequently discuss planning for financially valuable assets. But what about the photos and videos on your phone? What about the memories in your mind. Have you given any thought to how we can transfer these valuable intangibles to the next generation?
On this episode, Tim is joined by his wife, Robyn Sechler, to discuss the memory planning framework she has created to help you tell your story the right way!
It's a great episode. Check it out.
One of the things our clients always say is "I don't want to be a burden on my kids." We get it.
In this episode, Tim gives 5 tips for how to plan well, reduce stress, and set your kids up for success.
Nursing Home admissions are stressful situations. Unfortunately they are made even more stressful by complicated admission contracts. Further, there are non-attorneys giving incomplete guidance that could cost consumers thousands of dollars in mistakes or missed opportunities.
If you will need a nursing home soon (or know someone who will), this episode is for you!
This week we learned that Bruce Willis has Frontotemporal Dementia. What is it and what can we learn from this terrible diagnosis. Listen in to learn how to protect yourself from the financial ramifications of needing long-term care.
Lisa Marie Presley passed away too young on January 12, 2023. By the end of January, the first will challenge has already been filed with the court. The challenge brings forth a couple of issues and pitfalls to avoid. Let's discuss.
Depending on which estimate you believe, up to 14 million Americans are at risk of losing Medicaid benefits this year as some Covid Era rules come to an end. For the last 3 years, Medicaid did not require you to re-certify your financial eligibility every year.
In April, the rules are going back to the Pre-Covid policy and many people are going to lose their benefits. If you have someone in your life in a Nursing Home, you need to listen to this episode.
Our government is failing our seniors. Between rising healthcare costs, increased taxation, and requiring seniors to go broke before they get any help with long term care costs, how can anyone succeed.
If your goal is to provide for your family instead of their coffers, listen to this episode.
Do you have an estate plan? Is it a good one? How would you know? In this episode, Tim discusses his criteria for a successful estate plan. If you've thought about doing some estate planning this year, this episode is a great start.
It's New Year's Eve and that is a time for reflection and planning. Did you know that many people mark "getting my affairs in order" as one of their top resolutions?
If it has been a while since you have updated your estate plan (or if you never have planned), Tim explains how to get started with the creation of a custom plan just for you.
It's the Season of Giving.... but avoid these important legal problems that gifts could great!
National Lampoon's Christmas Vacation is without a doubt the best Christmas movie ever made... and it's not even close. If you agree, you've probably watched this movie dozens of times like we have. In this fun episode, Tim discusses all the legal issues presented in the movie and how some could have been avoided. Great, fun episode.
This time of year, families get together to spend time. For some families, these wonderful get-togethers will be a wake-up call. You'll realize that a senior member of your family is starting to slip from a cognitive standpoint. She'll tell the same story 3 times. She'll have trouble recalling a name or a past event. She'll have trouble following a conversation. These are indicators it may be time to have some difficult conversations. In this episode, Tim provides some handy tips on how to have these conversations.
In this episode, Tim takes a minute to celebrate Veterans Day by explaining a few programs that Veterans should know about. First, we discuss the Camp Lejeune Act and how injured Vets can finally recover from the government. Second, Tim discusses a little-known benefit known as Aid and Attendance benefits, which allows wartime veterans to receive money for long-term care.
In response to questions we received following our recent Medicaid episode, Tim gets back to the basics in this episode to explain the eligibility rules for Medicaid to pay a nursing home. The episode is essentially a class on what you need to know about Medicaid. A great listen for anyone caring for a loved one.
There is so much confusion about the role of the executor. What happens if there is no will? How do I get sworn in? What are my duties? How long does it take? Should I get help?
In this episode, Tim discusses the role of the executor and the process of administering an estate in PA. This is an extremely informational show if you currently serving as an executor or if you may need to in the future.
If you or a loved one ever need a nursing home, you need to be prepared that it will likely cost hundreds of thousands of dollars.
The only government agency that will help you pay is Medicaid. But Medicaid has harsh eligibility rules. Within those rules, there are some opportunities and pitfalls.
In this episode, Tim shares a few insights on how to protect yourself and your family.
On this episode, Tim interviews Attorney Josh Nelson, owner of Nelson Elder Care Law in Georgia.
Tim and Josh discuss what makes elder law attorneys unique and why it's the only type of estate plan you should consider.
This episode has great information on how to protect your family, savings and legacy. Enjoy.
At the Sechler Law Firm, we have recently become involved with two opportunities that may allow you to get some much needed money from the government coffers.
First is the Employee Retention Tax Credit which is a misunderstood opportunity for employers. If you own a company or are in a leadership position, you need to know about this credit. It could mean up to $26,000 for each employee!!
Second is the Camp Lejeune Justice Act which allows residents of Camp Lejeune between 1953 and 1987 to file a claim against the U.S. Government as a result of your drinking contaminated water while you lived there.
If either of these situations applies to you (or to someone you know)... listen in!
Aren't Trusts Only For Rich People? No!!!!!!
Listen to this episode for 9 reasons that middle-class families should consider owning their home in a trust.
Don't assume you don't need a trust because you're not "rich". The assets you have matter! Protect them!
Far too often, when a family admits a loved one to a nursing home, they assume it is too late to plan to protect assets. This is wrong! There are still dozens of opportunities that could make sense. In this episode, Tim explains 10 different opportunities to plan even after a nursing home admission.
So how would you know which option is right for you? You won't. It's too darn complicated. Give us a call today and we can map out your best options.
Business Owners - You likely overpaid your taxes in 2020 and 2021.
Every quarter, you file a 941 Quarterly Employer tax return. In 2020 and 2021 there was a credit against these taxes that most employers failed to take. It is time to amend your 941s and request a refund for the taxes you overpaid.
In this episode, Tim is joined by Sam Brotman, the owner of Brotman Law Firm in San Diego. He's a tax attorney who will explain to you how you can get your money back!
In this episode, Tim shares a couple of stories that show the importance of doing asset protection work. He shares how planning ahead for long-term care can protect your home and savings. He also shares an example of a "crisis" case where you protect significant money even after a nursing home admission.
Middle-class seniors have a big problem... One-third will develop dementia and two-thirds will need some form of long-term care. In Pennsylvania, nursing homes cost $180,000 per year.
Do you want to know how to protect your home and savings from this broken system? Listen to this week's show.
If you are a veteran or know a veteran, this episode is for you. Tim interviews fellow attorney, Todd Wesche, of Vetus Legal, a law firm helping veterans nationwide get the benefits they deserve.
Tim and Todd, both veterans themselves, discuss the challenges in working with the Veterans Administration. Todd has some very helpful tips for any veteran who may suspect they have a service-related disability.
Please share this important episode with all the veterans in your life!
Should I give my house to my kids?
Will I lose my house if I go to the nursing home?
What are the rules? How Do I Decide?
In this episode, Tim discusses one of the most common questions we get - How Should I Best Plan For My House?
Listening to this episode may save you hundreds of thousands of dollars. Let's get to it!
What is your legacy? Is it the financial inheritance you will leave to others? Is it the keepsakes you pass on? Is it your life's story; all the good and the bad?
In this episode, Tim asks a question that has been bugging him for weeks. He also discusses how to leave a positive legacy that will be remembered by future generations. THIS IS A GREAT SHOW.
In early July, the PA legislature passed a budget that was subsequently signed by Gov Wolf. In this budget, there are great increases in funds going to long-term care facilities. This is a big, nonpartisan, win for nursing homes, their employees, and their residents.
But no one in the government is actively trying to improve the biggest problem for seniors - the requirement that they go broke before they get care help.
Listen to this episode to learn Tim's take on the truth about the positive steps forward and the work left to be done to fix our long-term care system.
This episode is full of useful information for business owners looking to transition out of their business in the next few years. Tim is joined by attorney Marcy Smorey who has some great tips for business owners to consider in anticipation of selling their business. If you're a business owner, this episode is full of great information.
It's Independence Day Weekend and time to celebrate. We Americans love our independence.... it's unique in the world and truly worth celebrating.
Let me ask you a question though - How independent would you feel if you had to live off of $1.50 per day? That is all you're allowed to keep from your monthly income if you need Nursing Home Medicaid!
Not enough for you to feel independent? Listen to this episode to learn how to protect what's yours!
Medicaid requires you to go broke in a nursing home before they help you pay for care. After that happens you go on Medicaid. However, Pennsylvania's nursing home owners are claiming they are not paid enough by the state. They're concerned they may have to close some facilities due to poor finances.
With Baby Boomers becoming seniors and needing care, this is a crisis that needs to be addressed. In this episode, Tim gives you some thoughts on how to protect yourself.
In this episode, Tim chats with financial advisor, Keith Colonna, of Morgan Stanley. Keith shares some of his core beliefs around investing and shares some market analysis. They also discuss the intersection of financial advice and estate planning and why your professional advisors need to work together to accomplish your goals.
There is a ton of talk about whether you should avoid probate. There are several reasons given for the argument that you should avoid it. These reasons include the expense, time and general headache it involves.
Here's the thing... most listeners probably already are avoiding probate with some of their assets. The real question is... Are you doing it correctly.
Listen to this episode to fine out.
The great estate planning debate: Do I need a Will or do I need a Trust? This is the most common question our lawyers get when chatting with our clients. So, what's the answer? It really depends on your goals. This episode is very informative. Check it out!
In this episode Tim talks about what Memorial Day means to him as a veteran. He shares a powerful family story about service in the military and how that story has impacted his career. This is a great episode on the importance of family stories as part of your overall estate plan.
This has to be one of the most common questions people ask us... "If I go to a Nursing Home, Will I Lose My House?" The answer is that YES, many people do lose their house.
So, then the next question is "What can I do to protect it?" Listen to this episode to find the answer!
What the heck is Medicaid Spend Down and how do you do it correctly?
In this episode Tim tackles the notion that Spending Down is a wise strategy. He also gives a few tips on what you can and can't do. If you have a loved one in the nursing home (or who may be soon), this is a good episode to check out.
When people attend our estate planning workshops, the most common question we get is whether they should use a revocable trust or an irrevocable trust. It's a great question.
The answer depends on your goals. Do you want to avoid probate? Do you want to protect assets from the nursing home?
In this episode Tim explains the differences between these tools and lets you know which one may be for you. Hint: it's probably not what you think.
This week Tim is joined by a financial advisory duo, Brian Eagon and Tim Seabolt. Brian and Tim are Morgan Stanley advisors with tons of experience. During the show you'll learn about how financial advisors and estate planners work together to protect you, your finances and your family. This is a great episode to listen to if you need to get your financial house in order. Check it out.
Take your child to work day 2022! My 11 year old, Jack, and I discuss a few famous sports figures and their estate plans.
He thinks my work is boring, but this episode was fun!
We're sometimes asked, "what is elder law, anyway?"
Well, there are some complicated answers to that question. In this episode Tim discusses some of the realities and also the misconceptions about elder law. The goal of this episode is to help you understand if working for an elder law attorney is right for you. Check it out!
April 16 is national Health Care Decision Day and it's a great time to think about your health care priorities. Let's face it, we all will have health issues at some point. Doesn't it make sense to think a bit about how you'd like to be treated? Doesn't it also make sense to communicate these goals to your family so that they know how to proceed?
In this episode we also talk about how Hospice works and dispel many of the myths associated with this very valuable service.
Listen in to learn the things you need to know to make good decisions regarding your health.
In this episode, Tim interviews another member of our network of trusted advisors. Brian Pitell is the founder of BPG Planning. During this episode, Tim and Brian chat about the value of working with qualified advisors as part of your financial and estate planning team.
Brian's philosophy involves truly understanding a client's goal prior to giving advice. This episode is great for getting tips on whether to know if you are working with a committed financial planner.
A nursing home admission is a stressful time. There's typically some guilt on the person who made the placement decision. This impacts family relationships, often in a quick and unexpected way.
On top of all the emotion, there are also complicated legal and financial decisions that need to be made. The nursing home staff gives you lots of information and options and you really have no idea what to do next.
In this episode, Tim gives you several things to watch out for during this process.
It's been said that the only certainties in life are death and taxes. These two certainties are more related than you may think. In this episode, Tim discusses the various taxes that result from someone passing away. Listen in to learn how to avoid major tax mistakes!
In this episode, Tim is joined by LIFE Butler County's own Jan Rodgers. She discusses this most unique benefit that all seniors should know. Get care in your community rather than in a nursing home. And here's the best part... the government will pay for it if you know the rules!
In this episode, Tim reflects on the various stage families go through during their journey. He discusses the commonalities and differences in estate plans that are completed by young families and older clients.
Whether you are 20 years old with your first child or 80 years old with great-grandkids, there is something to learn in this episode. Enjoy!
In January of 2020, the US government dropped an enormous tax hike on middle class families with a law called the Secure Act. It is a huge tax increase on your retirement accounts.
Recently the IRS released regulations with their interpretations of the new laws... and some of it is UGLY for your family. Listen here to learn how to protect yourself.
Have you ever wondered about what happens from a legal standpoint when someone passes away? In this episode, Attorney Amy Rees joins Tim to share the timeline and what to expect during this process. Attorney Rees is Sechler Law Firm's Managing Attorney for our Estate Planning and Estate Administration departments. This episode is full of useful info!
Over the years, our clients tend to come to us with some pre-conceived notions in their minds about what is and isn't possible in working with an Elder Law Attorney. In this episode we dispel the myths and confirm some facts. Listen in to learn how it really works.
Do you have a Power of Attorney document? No? You probably should. Yes? You should probably read it to see if it is any good. In this episode, Attorney Tim Sechler discusses the things you should know about having a Power of Attorney.
A client leaves unfriendly nursing home A, where she was paying $12,000 per month. She moves to friendly nursing home B for changing care needs. The kind staff at the friendly nursing home makes a referral to our law firm.
The next month we are able to help reduce the monthly bill from $12,000 per month to $2,000 per month.
If you have a loved one in the nursing home, would you rather pay $12,000 or $2,000 ? Simple right? Listen to this episode to find out how it works.
Most of our estate planning clients have the same goals:
- Get it to our kids as easily as possible
- Maintain control of my money
- Protecting my money and home from taxes and long term care expenses.
What if there was a trust that can allow you to do all three of these things easily?
In this episode, Tim takes a deep dive into a tool called an Asset Protection trust. He explains how it works and why people use them. Is it the right plan for you? Listen into find out.
What's the difference between a will and an estate plan? Why do most "plans" fail? In this episode, Tim discusses the top 5 reasons most estate plans fail.
Listen in to find out how to protect your family from future problems.
Happy New Years! This time of the year is great to reflect on the prior year and plan for the coming year.
In this episode, Tim gives some thoughts on how to plan for your digital assets, as well as your physical ones. Also, we share our theory on what will be the biggest change in 2022 . What the heck is a NFT anyhow? Learn the basics (very very basic) here.
Merry Christmas! This time of year it's common for folks to take some time and just feel grateful for all the blessings we've been given.
It's a time to slow down and just take in the small moments... like a child opening a gift or singing in a church Christmas show.
In this episode, Tim discusses how to preserve a legacy for your kids long after you're gone.
The senior living landscape is a complicated one. There are different levels of care available at different types of facilities. Each type of facility accepts different payment sources. All of this will impact how you receive your care and how much it costs. It's confusing to say the least.
In this episode, Tim discusses your different care options and how you can get the government to help pay for some of it. A good listen if you're trying to understand the long term care system.
Each year, the PA Department of Human Services releases the average monthly cost of a nursing home bed in the state. This year has the biggest jump in recent memory (probably the biggest jump ever) from $11,000 to $14,676. A 25% increase in the cost of a nursing home in just the last 12 months!
So, now that you know that, what are you going to do about it? What are you going to do to protect yourself and your family from these expenses.
Listen to this episode to learn about your options and how an asset protection plan may be the solution you need.
I never met my grandfather. He died very young. If I had the chance, though, there are lots of questions I would want to ask him. Where did you grow up? What was it like there? Tell me about your relationships with your siblings. How did you feel the first time you saw my grandma? How did you meet?
I think it's natural that anyone would want to know the answers to these questions about their relatives. So, then, isn't it natural that our kids, grandkids and great-grandkids would want to know the same things about us?
Here's the difference... we now live in a time period where today's technology allows us to record videos of us telling our stories in a format that can be shared forever. How Cool!
On this episode Tim & Robyn Sechler discuss her company, Securing Memories, and it's mission to help you and your family members preserve your legacy. Now's the time.
Securingmemories.com
In this episode Tim discusses the LIFE program with LIFEPittsburgh's Deanna Guarnaccio. LIFEPittsburgh is one of several local LIFE program providers. They work to provide seniors with customized care with the aim of keeping people at home, rather than an institutional setting.
Deanna discusses many of the services they provide, how the application process works and who may be eligible.
The LIFE program is a fantastic opportunity for many seniors who may need care. Listen to this episode to find out if LIFE is right for your family.
Last week congress passed another 1.2 Trillion in spending. Even with this spending there are still representatives in Congress who want to spend up to an additional $3.5 Trillion.
$450,000 payments to illegal immigrants.
85 vehicle convoy at climate conference where our President falls asleep.
More oil pipe shutdowns while energy prices rise.
Who is driving this ship?
All the while, no one is talking about the biggest issue that impacts our middle class seniors and baby boomers - long term care expenses. The Pennsylvania tells us that the average cost of a nursing home in our state is over $130,000 per year. Why is no one talking about this?
Why are we spending money on nonresidents when we could be providing care to our Senior Citizens?
In this episode we discuss these issues and teach you a thing or two on how you can protect yourself. Listen in to learn!
This week, Tim is joined by a fantastic friend and attorney, Jeff Bellomo. Jeff's practice in York, PA is very similar to the Sechler Law Firm in that it we see the same types of clients.
For our previous listeners, you'll find a ton of value in the way Tim and Jeff simplify some very complex issues.
For newcomers, get ready for a great session on how to get started creating a successful estate plan for you family.
The third week of October is always Estate Planning Awareness Week. If you're like me, you're tired of being told what to be aware of. Someone is always telling me I need to be aware of some social issue that doesn't really impact me.
But this one does. Estate Planning does impact you. Unless you know something I don't, we will all eventually need an estate plan. We will all have an illness. We will all eventually pass away. This isn't optional.
What is optional is whether you have a plan when things do go wrong. Most adult Americans never plan. This is why you'll hear people say "boy when my Dad passed away, it was a mess!".
It was a mess because Dad didn't do an estate plan or didn't have a good estate plan. Don't let this be your fate. Don't let them tell stories about how you didn't plan well. Let's get it done and let's get it done correctly.
Medicare open enrollment begins October 15th which means it is time to consider whether you are in the right Medicare plan. There are big changes coming for 2022.
On this episode, Tim is joined by Sean Horn from Mediconnect, one of the region's largest independent insurance brokerages. Long story short, these guys know their stuff. Listen to this episode to learn all about how to best plan for your family
"All you need is a simple will"
"Trusts are for rich people"
"Irrevocable trusts are no good"
"You should just pay your own way"
All of these pieces of advice are given by accountants, financial advisors and lawyers. All of them may be absolutely terrible advice. So why are these falsehoods being spread? Sometimes the advisor really doesn't know. Sometimes the lawyer has biases. Some times the accountant is making incorrect assumptions. Sometimes they just simply give bad advice.
How do you know what is right for you? Ask the advisor how they work with you to ascertain your goals. Far too often, professionals give advice before truly digging deep enough to uncover the real goals.
Listen to this episode to learn how to sift through all the "stuff" to find the gold.
Let's say you find your self in a situation where a loved one needs care. Where are you going to turn for help? Where is the person going to live? How are you going to pay? Are there government benefits that could help? Should I sign this contract?
Our fragmented long term care system is confusing. The care options themselves are overwhelming: Independent living, care at home, personal care home, LIFE Program, assisted living facility, move in with your kid, skilled nursing facility.... where do you go?
You are in a new game and you don't know the rules. You need a coach. Listen here to find out more.
Everyone seems to want their plan to do the same things:
- Plan for my incapacity
- Get my stuff to my family
- Plan for my kids' misfortunes like divorce
- Don't lose it all to the government
- Be remembered fondly.
See, simple right? But not easy. Each of these goals requires some serious thought and planning. Listen to this episode to find out how to plan for your family in a way that accomplishes your unique goals.
1 in 3 seniors dies with dementia.
70% of seniors will need some form of long term care.
Nursing homes cost $130,000+ per year.
What are you doing about it?
Listen to this episode to learn how to protect yourself against the next biggest battle you're going to face in the war against the middle class.
Don't wait for the bureaucrats and career politicians to fix it for you. They aren't going to. You need to take action yourself to protect your family.
Don't believe the lazy lawyers and online purveyors of junky documents. They're not doing you any favors when they tell you, "All you need is a simple will". This is a lie that is told to families way too frequently.
The problem is that complicated situations tend to have complicated solutions. See, there's nothing simple about your family and your goals. If you really sit to think about all of the negative situations your family could face if you got sick or passed away, there's nothing simple about it.
So, there's a simple question you need to ask yourself: Do you want feel better that you have checked the box that you have a will, OR do you actually want to put a plan together for your family that will work?
Put that way, it's a simple decision, right? Listen to this episode to find out how to create a plan (not just a document) that will actually work for your family.
Picture a McDonalds at 7AM. You can smell the hashbrowns and coffee, right? You see the table of the older fellows sitting in the corner? You know what they're talking about every Tuesday morning - giving their house/savings to their kids.
Why do people do this? If you read a newspaper realty transfer section, you'll see transactions by people giving their home to their child. Why?
There are two reasons people do this:
1. the perception that they can save taxes
2. to protect the house from the nursing home
In this episode, Tim explains why the traditional advice of giving your home to your kids is frequently a mistake. It's a tax mistake and an asset protection mistake.
Listen to this episode to avoid the mistake of giving your home to your kids.
"People should just pay their own way when they need the nursing home." I had a lawyer tell me this once. What a shame that this lawyer let his personal screwed-up beliefs prevent him from helping his clients.
A nursing home admission is one of the most stressful situations in someone's life. Not only is the medical issue and the transition stressful, but it is also a financially stressful situation. Nursing homes cost more than $11,000 each month.... to must families this is a heavy burden.
There are steps a family can take to stop the problem. Usually, this involves taking steps to gain eligibility for Medicaid. Medicaid is not a four letter word. Medicaid is the answer that your family may need. If you are concerned about potential nursing home costs, you need to check out this episode.
At the Sechler Law Firm, we get questions daily on whether trusts are a good option. The thing to understand is that trusts can be a very flexible and effective tool. The decision on whether to use a tool begins first with you determining your goals. Once you know where you want to go, we can help you decide if the trust can help you get there.
In this week's episode, Tim talks about what the word "irrevocable" really means - and it's not what you think. Also Tim shares a sad Nursing Home story to help you avoid the same mistake. Hope this one helps!!
August is Leave a Legacy Month! On this episode Tim gives tips on how to make sure your financial legacy gets to your family, rather than the government.
Also on this week's podcast, Tim is joined by his lovely wife, Robyn. Robyn Sechler is the founder of Securing Memories, LLC, a company dedicated to helping you create and manage your digital legacy. She discusses good tips for how to leave creative video messages and stories for your family. She also discusses how she and her team are doing live in person interviews with her clients to help create custom legacy videos.
What will your legacy be? That's a decision you get to make. Listen to this episode to learn how to do it.
On the show Tim often discusses assets like houses, financial accounts and IRAs. In this week's episode, Tim chat's about something that most of us find a little more challenging to discuss - end of life decision making.
Do you have a Living Will? If not, why? If so, what does it say?
If you want to know what quality end of life planning looks like, check out this episode.
Many people are of the opinion that Medicare is sufficient to cover their health care issues during their retirement years. The problem is that Medicare doesn't pay for the single biggest expense seniors face: long term care.
In this episode, Tim discusses Medicare v. Medicaid. He also explains how you can gain Medicaid eligibility, even after a nursing home admission.
Most retirees know they need to do "some planning". But what does that mean? Does it mean retirement planning? Does it mean leaving a legacy to the kids? Does it mean protecting assets from long term care?
A good plan incorporates all three of these ideas. So who do you turn to?
In this episode, Certified Elder Law Attorney Tim Sechler discusses the different roles of financial advisors and lawyers. He also breaks down the difference between effective traditional estate planning and elder law.
A great listen for anyone who knows they need to do "some planning".
Each July 4th we celebrate the signing of the Declaration of Independence. The audacity of the people who signed this document is astounding. They were basically daring the most powerful military on the planet to come hunt them down. They were willing to take this risk in the name of freedom from tyranny and oppression. They wanted a better future.
What about you? Do you want a better future? In this episode, Tim provides his take on some of the forces and laws that are working against Middle Class Americans. Are you ready to declare your independence of these broken systems?
The days and weeks after you've lost a loved one is a confusing time. You may find out that you've been named an executor. In that case, you likely have tons of questions about what you need to do.
Perhaps your living relative has asked you to be the executor when the time comes and you'd like to know more about what that means.
This show is full of some simple Do's and Don'ts to keep you out of trouble. We also go into a discussion about what the entire probate process entails and what you can expect.
If you've ever wondered what the probate process is like, check out this week's episode.
These days, the media and entertainment crowd loves to downplay the role of the Dad. We're exposed to plenty of TV shows where the Dufus Dad is corrected by the wise 10 year old kid. Or, perhaps it's the cliche lazy dad from Married With Children who never leaves his beer and pretzels, it's exhausting.
These characters are also very much unlike any Father I know. The Dads I know and the men I meet as clients, are not like this. They are competent hard workers. They sacrifice time, energy and money for their families. They work hard to provide financially. They strive to provide ethical and moral guidance for their kids.
It's a shame that we don't celebrate Dads more often. This Father's Day episode discusses the true role of Dads and the duties they have to provide for their own absence.
Happy Father's Day
Everyone knows that Medicaid has a 5 year lookback period before going into the nursing home. This generally means that you can't transfer assets before going into a nursing home. However, there are lots of exceptions to this rule. Don't make assumptions about what it means to you.
Listen to this episode to figure out what it means for you!
Most people don't have a will.
Most people think Medicare will pay for a nursing home.
Most people who do plan think a "simple will" is enough.
Most people don't plan for their kids' divorces.
Most people don't plan for their kids/grandkids potential disabilities.
Most people are wrong.
Don't be like most people. Listen to this episode to discover how to create a custom plan that works for your family.
Yes. You read that right. Disney movies must be written by estate planners. Think about it... what do Aladdin, Lion King, Tarzan, Frozen, Cinderella and Nemo all have in common? They all lost a parent at a young age!
In this light-hearted episode, Tim discusses each of these movies and the estate planning take-aways that can help you plan for your kids.
Here's a hint: You want to be the parents in Frozen, not the parents in Aladdin!
If you have a loved one in the nursing home (or could soon), you should listen to this episode. Tim gives some words of caution and also identifies some opportunities that could help you get the care you need - without going broke in the process.
You should think of an admission to a nursing home as a legal problem. If any other creditor was coming after you for over $11,000 per month, you'd probably call a lawyer. The nursing home situation is no different. These laws are complicated.
Listen to this episode to find out how the process really works.
You have beneficiary designations on financial accounts. We all do. But is a beneficiary designation sufficient to meed your estate planning goals? What criteria make up an effective estate plan for you? Have you thought about it?
In this episode, Tim dispenses with the "common knowledge" that all you have to do is place a beneficiary designation on your accounts and everything will be easy.
Listen in to find out how you can create a good estate plan for your family, rather than just scratching it off your to-do list.
Glance around the headlines on any given day and you'll find lots of examples of reasons for proper planning. Whether it's a divorce like Bill Gates, loss of control like Brittany Spears, or coping with the death of a loved one to Covid 10, there are reasons all around us to become prepared.
Let's learn some lessons together from some current events and how we can apply those lessons to protect our savings and families.
This week's episode, we hope, is a great motivator for you to take your estate planning seriously. Think of estate planning as though it is writing the last chapter of your personal book.
You want to make sure your financial assets are secured and delivered to the right people. You want to make sure your assets work hard for your family, rather than the government.
You want to make sure your family is protected.
At the Sechler Law Firm, we hold the high honor of helping you tell your last chapter. We care about telling it well.
Join us this week for a conversation with Elder Care Manager, Lorna Gavin.
Lorna is a Registered Nurse who assists seniors and their families in finding the right level of care.
Lorna walks through the differences between personal care, assisted living and skilled nursing.
We also discuss payment sources for care and how the partnership with out law firm really helps our clients. If you are seeking to learn more about different long term care options, this is a great listen for you.
Our kids need help. Young kids need our help with education, finance, healthcare, morals, values, religion.
Older kids - your adult kids- need different kinds of help. They may need financial support. Advice on grown up decision making. Sometimes they need help protecting themselves from issues like creditors or divorces.
Proper estate planning can transition to meet your kids' needs as they grow. We can't predict when bad things may happen in our families. So, then, an estate plan has to be flexible and anticipate todays problems as well as tomorrow's problems.
This episode teaches you how to do it THE RIGHT WAY
Also on this episode, Tim gives a few pointers on nursing home admissions. As more people are vaccinated, there is less of a COVID concern about seeking additional care for grandmas and grandpas. If you need help, this episode has a few things you ought to know.
This weeks episode includes some stories that tried to do planning on their own. Learn from others's mistakes and make sure your family is well prepared.
The second half of the episode discusses planning for your video/photo content. If you are a parent, part of your job is to make sure your kids get the moral and ethical training they need. If something would happen to you, how are you going to make sure they still get that training? Listen in to find out.
They say the only things that are certain are death and taxes. Unfortunately, they also occur at the same time.
Death taxes cause tons of confusion amongst people wanting to do estate planning. It is also one of the easiest issues to screw up.
Listen to this week's episode to get Tim's take on how death taxes really work.
In this episode, Tim tackles some of the most common estate planning questions we get at the firm. The most common question of all: "Should we use a will or a trust?".
Tim takes a dive into some of the pro's & cons of these tools in a very informative episode. Enjoy.
A Nursing Home Admission is a confusing time. Often times families get no advice, or worse, they get bad advice.
Nursing homes in PA cost over $11,000 per month. As a result, the stakes are high if you make mistakes.
The admission of a loved one to a nursing home is a legal problem. Don't rely on what you hear from friends, neighbors or the nursing home billing office. Don't even rely on what the Medicaid office tells you. You need a lawyer.
In this episode Tim discusses a couple of ways to plan and a few steps you can take to get the education you need.
Seniors Blue Book is an amazing resource for seniors and their families. As people age they are going to need new services - social support, in-home care, residential care.
How do you find out your options? The Seniors Blue Book is the area's best resource to find out about the services available to you.
Apryl Garrett, who runs Pittsburgh's Seniors Blue Book, joins Tim in this episode to talk all about the book and the different resources available to you.
If you have young kids or grandkids, you need to hear this episode. Find out about all the shortfalls of your "simple" estate plan.
Life's not simple. Things happen- disabilities happen, deaths happen, divorces happen, layoffs happen, pandemics happen.
Don't just feel good because you've checked the estate planning box. Do the right thing for your family and plan for all life's twists and turns. This episode shows you how.
TV legend Larry King passed away recently. Within weeks, the articles hit the news sites about the coming fight over his estate.
It's a story of a hand-written will, multiple marriages, alleged undue influence and infirm capacity. Don't let your story end this way.
Learn about all the mistakes that took place in his situation and how to keep your family from fighting when you pass.
This week in current events, one tragic and one interesting (to me) thing happened in the news. First, the tragic thing...the sports world lost a legend in former NFL player and coach, Marty Schottenheimer to his battle with Alzheimer's Disease.
Second, the legal battle surrounding Brittney Spears' conservatorship came to light.
So what do these seemingly completely unrelated issues have in common? Well, to an estate planning lawyer, they are both situations that require planning. One case likely had outstanding planning in place. The other didn't.
The point is in both situations, for very different reasons, these public figures lost the control of their finances. We should take this as a lesson that events could take place in our own lives that could cause us to lose control.... then we should plan accordingly.
In this episode with a Valentines Day Theme, Tim discusses the promises we make in marriage and with other family members. To have and to hold, in sickness and in health - This isn't just a tagline. It's a promise. It's one we need to keep. Tim will teach you how.
Tim is also joined by his lovely wife, Robyn with some ideas on how to have a great Valentines Date at home.
Great episode!
Tim is talking elder law this week. He shares some recent situations he's encountered with families who have called his office. Through misinformation, bad information or just plain bad luck, these families have missed opportunities to save their homes or other savings from long term care costs. Don't let the same thing happen in your family!
Tim uses these situations to explain some concepts to help you learn a few valuable lessons about how to protect your family.
Great Families Make Great Plans. You have a great family. Listen to this episode to learn how to make a great plan.
Have questions about elder law?
Want to know how Medicaid works to pay for the nursing home?
Want to know about the 5 year look back period?
Should you give your house to your kids?
Should I have a trust?
Tim tackles these and several other frequently asked elder law questions. This episode is packed with helpful info. Don't miss it... this episode might save your home.
Really. Don't miss it.
There are many reasons that people place estate planning on the back burner. Among the top reasons are initial consultation fees and not wanting to take time off of work to go see a lawyer.
Lawyer's don't always make it easy to accomplish your goals. At the Sechler Law Firm, we have been working for months to make it easy for you to get the education you want and the documents you need.
We created an online education system where you can watch a series of videos and answer some simple questions. Then we follow up with you with a free Zoom call.
Check out this week's episode to learn more about the EASIEST way to complete your estate planning resolution.
On this episode, Tim is joined again by his lovely wife, Robyn. They talk about their prior week, which has been a giant WAKEUP CALL regarding the importance of proper estate planning. The impact of a family member sick with COVID 19 and Tim recovering undergoing surgery has the Sechler family thinking and talking about how best to plan for a family.
Learn about necessary updates to your Living Will as a result of the pandemic. Also learn about Robyn's new book: How To Change The Lightbulbs When I'm Gone, and how it can help you ensure your family is well-prepared for life's twists and turns.
Have you been putting off competing your estate plan because 1) you don't want to take time away from work and pay initial consultation fees to see a lawyer and 2) you don't trust the online forms?
The Sechler Law Firm has a new solution for you. We are launching our proprietary Life & Legacy Course. It's an online course where you get all the estate planning education you need Then, we offer you a FREE Zoom meeting with one of our lawyers to complete the plan. It's simple. It's easy. And if you act fast... it's CHEAP. I'm offering a 33% discount to anyone who completes the course by the end of December.
Learn more about the course and the special offer. Listen to this episode.
In this episode, Tim talks about spending time with family around the holidays and how it is a good time to realize that sometimes things change. Family circumstances change. Laws change. Your estate plan needs to change too.
Tim gives a couple of ideas on when & why you may want to update your plan.
In this episode, Elder Law Attorney Tim Sechler discusses the two ways to plan for Medicaid:
1. Plan Ahead, or
2. Deal with the financial crisis later.
If you have a loved one In a nursing home, don't listen to what the others say. It Is not too late to plan. You can still protect assets. Listen to this episode to learn about how elder law attorneys help their clients.
In this episode, Tim has a conversation with his lovely wife, Robyn. The chat about her business, which Is called Securing Memories.
She Is devoted to helping people tell, capture and store photos and videos for future generations. This episode Is full of great Ideas for how to plan for your digital assets similarly to how you plan with your financial assets.
Life throws curveballs at all of us. We could become disabled. We could pass away. Things could happen that could take away our ability to make our own decisions regarding financies, healthcare, childcare, etc.
Who will you allow to answer these questions? The Government has a set of rules to answer the questions for those who fail to plan. If you like what the Government's been up to recently, perhaps you think this Is best for your family.
Or, you could join the ranks of those who have decided to plan. Creating your Estate Plan Is like creating your family's rulebook for what happens when life tosses a curveball.
The state's rulebook or yours? Which do you prefer?
In this episode you get to meet attorney Roxanne Julian, who helps families with long term care planning across Western PA. She's a compassionate lawyer who enjoys helping people protect the assets they've worked hard for.
Learn a few tips to take advantage of and pitfalls to avoid.
In this episode, Tim interviews Pastor Ron Brown of Hope Lutheran Church in Cranberry Township, PA.
Pastor Brown tells you all about Hope Lutheran and how the Church has managed to thrive even though most of the members haven't been there in-person in months.
Join Tim and Pastor Brown for a discussion on how Church, like many other aspects of life, are having to adapt in order to keep moving forward.
In this episode, Attorney Tim discusses the 4 things he sees In his practice that all his retiree and senior clients want. Here they are:
- They want to maintain control
- They want to NOT go broke
- They want access to good care when they need It, and
- They want their family to get the leftovers when they die.
Seems simple enough right? Well, thanks to our complicated government rules, these simple goals can be hard to achieve. Check out this show to hear Tim's thoughts on how to get accomplish these common goals.
The weather is getting cooler. The leaves are starting to change. The kids are back in school (Ok, well some are). This can only mean one thing........ It's Medicare open enrollment season!
On this episode, Tim speaks with Sean Horn of Mediconnect. Mediconnect Is the region's largest Medicare concierge service. They help you navigate the various Medicare Advantage plan options to make sure you have the plan that fits your needs.
Best part... their service doesn't cost you a dime.
In this episode Tim shares his Ideas about how to make the government's crazy rule book work for you. Creating an estate plan Is like creating your own rule book. Don't leave your family subject to someone else's agenda. Let's plan for your family!
In this week's episode, Attorney Tim Sechler discusses common nursing home Medicaid mistakes. He gives you his thoughts on how to not make mistakes with your family's hard-earned savings.
Tim discusses a few common mistakes Involving gifts to your kids and the 5-year lookback period. If you are concerned about nursing home costs... this episode Is a must-listen
Do you have a disabled child or grandchild? If so, you likely want to assist them financially without the risk of them losing their public benefits.
In this episode, Tim discusses planning for family members with disabilities. We'll distinguish First-Party v. Third-Party special needs trusts. Tim will discuss different planning strategies. He also gives you his thoughts on who to name as a trustee.
If you have a disabled family member... you should check this episode out.
In this Episode Tim talks about the responsibility we all have to plan for our families. You don't work your whole life to raise kids and save money to have It all destroyed by an accident or Illness. Take the responsibility today to plan for life's curveballs.
Tim shares some hard-earned lessons learned from a decade of guiding families through difficult situations.
In this episode Tim discusses the problems with online will preparation services. He shares some experiences of how saving a few bucks on an online will ended up costing the family dearly.
That said, we've all recently gotten used to accomplishing a lot from the comfort of our own homes, and estate planning doesn't have to be any different. Tim share his new launch of his online estate planning course that Is designed to help you get your own lawyer prepared In a super easy fashion. No more procrastination! Let's get your planning completed right now.
When It comes to elder law, nothing causes more confusion than the 5-year lookback period. People are sooooo confused. Can I give my stuff away? Should I put my house In my kids name? What happens If I need the nursing home? Should I consider a trust?
In this episode, Certified Elder Law Attorney Tim Sechler explains these Issues and more.
Have you heard that If you need Medicaid to pay for the nursing home, you'll get poor care?
Nope. Not true!
Have you heard that you have to go broke to get Medicaid to pay for your care?
Nope. Not true!
Have you heard that you can't do anything to protect assets because of the 5 Year Lookback Period?
Nope. Not True!
Have you heard that you have to lose your house If you go to a nursing home?
Well... sometimes true.
In this episode, elder law attorney Tim Sechler discusses Medicaid eligibility to pay for long term care and how you can protect yourself.
If you listened to the first part of Mr. Buckler's story and one to hear more - here It Is! Thank you for you service!
This Is not a legal/technical episode. This Is an Interview of a WWII veteran and his amazing story of being shot down In his B17. This Pittsburgh native Is one of the last of a breed of tough guys from the Greatest Generation. Special thanks to Mr. Buckler for his service and for joining us to tell his fascinating story.
All to often we think about the solutions without fully understanding the planning. This happens all the time In our lives and estate planning Is no different. A common estate planning question Is do I need a Will or a Trust? In this episode Pennsylvania Estate Planning attorney Tim Sechler takes a deeper dive on some basic Issues you need to understand before answering the question.
What happens If you get sick? Who Is In control? What happens If you pass away - who Is In control then? Who gets your stuff; your family, the nursing home, the tax system? Estate plans can help you answer these questions. This episode will teach you some of the most important elements you need to know to protect your family.
In this episode, Attorney Tim Sechler Interviews Jan Rodgers of LIFE Butler County. Jan Is a wealth of Information about how the LIFE program can work for you. In a previous episode, Tim discussed the LIFE program. We received so many calls from people looking to learn more, that we went straight to the source. Jan and Tim discuss how the LIFE program can keep you In your home rather than a nursing home. Learn the benefits and also how you can have the government help pay for your care. Also, you'll learn the details of a free upcoming LIFE WEBINAR hosted by Tim and Jan, which will answer all your questions.
Are you concerned that you could lose your home and savings to a nursing home stay? Have you ever been concerned that your child could lose their Inheritance to a divorce? This episode teaches you the estate planning tricks that lawyers use to protect your home and savings from these Issues. This show Is a must-listen episode If you want to know how to protect your stuff from creditors and preditors!
In this Episode, Attorney Tim Sechler discusses one of the most common elder law issues: how to protect your house and savings from long term care expenses.
Tim will discuss the 3 mistakes families make when they give the house to their kids. He'll also explain how you can use a trust to protect assets without giving up control.
This episode is full of useful information for Baby Boomers and Seniors looking to protect their savings.
In this episode, Tim Sechler discusses the LIFE program. The Life Program stands for Living Independently For the Elderly. It Is one of the best-kept secrets In long-term care options.
The program allows for seniors to stay In their home, rather than enter a nursing home. The LIFE program has Adult Day facilities and can be paid for by Medicaid. If you are trying to figure out how to keep your senior family member at home, check out this episode. The LIFE program could be a game changer for your family.
In this episode, Tim Sechler interviews Nicky Voynick, the firm's Case Manager. Nicky's job at the Sechler Law Firm is to assist families through the planning process.
During the episode, Tim and Nicky discuss the workshops and the planning process. We discuss what happens in the initial consultation and the meetings afterward.
Need an estate plan? This episode teaches you the easiest way to make that happen!
The Secure Act, which became effective January 1, 2020, dramatically changes the way you should think about your IRA. In this episode, Tim Sechler from the Sechler Law Firm discusses the loss of "IRA Stretch" and how the Secure Act has become the "New Death Tax for the Middle Class."
Learn about the new planning paradigm and a few planning strategies. Tim discusses leaving your IRA to a trust, Roth conversions and tax planning.
Estate planning isn't as simple as it used to be. Listen to this episode to discover how this new law impacts your retirement and what you can do about it.
Show discusses Attorney Tim Sechler's personal story about why he practices elder law. We answer the question "What Is elder law?". Tim discusses the firm's philosophy when It comes to estate planning and why other attorneys are missing the opportunity to help their clients.