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How to Protect Your Life Savings: From Catastrophic Illness and Nursing Homes: A Handbook for Financial Survival (3rd Edition)
 
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How to Protect Your Life Savings: From Catastrophic Illness and Nursing Homes: A Handbook for Financial Survival (3rd Edition) (Paperback)

by Harley Gordon (Author)
4.7 out of 5 stars See all reviews (6 customer reviews)


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Editorial Reviews

From Library Journal
The repeal of the Medicare Catastrophic Coverage Act earlier this year leaves the question of paying for long-term health care unresolved and as confusing as ever to the consumer. The Complete Medicare Handbook is an expanded version of government pamphlets on the subject. Edited by the program director of the Health Insurance Counseling and Advocacy Program, it is a focused summary of services offered by Medicare; how to submit claims; deciding to purchase supplemental health insurance coverage; and dialysis and hospice benefits. A lawyer and founding member of the National Academy of Elder Law Attorneys, Gordon offers a variety of means in this book to achieve one goal: to avoid spending family assets on long-term care. He explains the basic principles of Medicare financing, including countable and noncountable assets, trusts, and the Spousal Impoverishment Act. He presents family scenarios requiring either immediate or long-term planning and provides options to protect " . . . a lifetime of accumulated assets" from the enormous costs of nursing home care. Advice for choosing a lawyer experienced in Medicare law is included, along with state-by-state charts of income allowances. Although both books are easy to read, with attractive formats, the Medicare Handbook offers little information that can't be found elsewhere, including the government's own publications. And although Gordon's book is somewhat alarmist in tone, it explains clearly some of Medicare's most complex inscrutabilities. --Karen McNally Bensing, The Benjamin Rose Inst. Lib., Cleveland
Copyright 1990 Reed Business Information, Inc. --This text refers to an out of print or unavailable edition of this title.

Product Description
How To Protect Your Family's Life Saving from Catastrophic Illness helps families protect assets both when there is time to plan through the use of long-term care insurance and in a crisis. This book gives you the latest information about how: Long-term care is financed including an in-depth look at why Medicare, the VA, and Medicaid will not pay for your care, to properly evaluate long-term care insurance, to choose an elder law attorney and insurance professional, to protect life savings in a crisis.

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Product Details

  • Paperback: 217 pages
  • Publisher: Financial Strategies Press; 3 Sub edition (December 2001)
  • Language: English
  • ISBN-10: 0964289601
  • ISBN-13: 978-0964289604
  • Product Dimensions: 8.9 x 7.5 x 0.7 inches
  • Shipping Weight: 1.3 pounds
  • Average Customer Review: 4.7 out of 5 stars See all reviews (6 customer reviews)
  • Amazon.com Sales Rank: #754,913 in Books (See Bestsellers in Books)


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Customer Reviews

6 Reviews
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Average Customer Review
4.7 out of 5 stars (6 customer reviews)
 
 
 
 
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24 of 24 people found the following review helpful:
5.0 out of 5 stars How to Protect Your Life Savings From Catastrophic Illness a, February 16, 2000
By Edward C. Auble (Paoli, PA USA) - See all my reviews
I f you wish to understand the subjects of Medicare and Medicaid as they relate to aging and long term care, this book is a must - and a "keeper". I am a 28-year insurance professional and have been involved in long term care insurance since 1988. I have heard Mr. Gordon speak on a number of occasions. He speaks as he writes - clear and to the point. An attorney, he avoids "legalese". Our insurance agency trains other insurance agents in long term care. I always recommend that they purchase this book. It is imperative that our prospects and clients understand what (limited) benefits they might receive from either of these government programs. Mr. Gordon makes a complex subject understandable.
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3 of 3 people found the following review helpful:
5.0 out of 5 stars The Bible for understanding Long Term Care, July 20, 2005
Harley Gordon is the master at explaining the real story behind long care planning. If you want to know the facts about how to protect assets and still provide the best care for a loved one, this is the one book to read.
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2 of 2 people found the following review helpful:
5.0 out of 5 stars Indispensable Medicaid Primer, July 2, 2003
By Edward C. Auble (Paoli, PA USA) - See all my reviews
I have heard Harley Gordon speak on a number of occasions. He is forceful and to-the-point - and so is his book. Harley eschews legalese to deliver an easy-to-read discussion regarding Medicaid planning. This is source material for those in the insurance/financial planning arena and for those confronted with the prospect of spending down their assets prior to going on Medicaid, i.e. welfare. The material is presented in "Dick and Jane" fashion; it is an easy read. I recommend it to anyone who might be impacted in any way by Medicaid.
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Most Recent Customer Reviews

3.0 out of 5 stars Great Book but contains outdated information
Harley Gordon is a LTC guru. Love his book. This one needs to be updated but it still contains a lot of useful information. Read more
Published 19 months ago by B. Dow

5.0 out of 5 stars Excellent Needed Information
I have attended a seminar by Mr. Gordon. I purchased the book to do planning for my parents. The information has been invaluable! Read more
Published on November 29, 2005 by Robert J. Henkels, CPA

5.0 out of 5 stars How to Protect Your Life Savings From Catastrophic Illness a
I f you wish to understand the subjects of Medicare and Medicaid as they relate to aging and long term care, this book is a must - and a "keeper". Read more
Published on February 16, 2000 by Edward C. Auble

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