What are “go-go,” “slow-go,” and “no-go” years, and which of these phases are your parents in? What happens when they can’t cover the cost of their own care and you need to step in financially? How can you create ways to protect their assets – at different stages in their lives - so they don’t become a financial liability for you, your siblings, or your own children? What’s safe and what’s not?
There’s a lot that falls into the money bucket when we take over caring for our parents. Even if we have an extra $30,000/month to spend on their care, do we really want to risk our futures? In talking with financial advisors of even the wealthiest families, this is something that most don’t want to have to face.
Tune in as I talk with my guest Jason Nightingale, an expert on creative ways and effective ways to improve the stability of your parent's assets, and help ensure their ability to care for themselves financially, even if they haven’t set things up well, before now.
Episode Links:
GUEST: Jason Nightingale is a banking educator and CEO of Safe Money Solutions, LLC. He has been noted as one of the top 100 people in finance by the Top 100 Magazine and has over 3500 clients in 46 states, and 3 countries. His primary areas of focus are Banking Strategies which assist in debt elimination, asset acquisition time, and wealth accumulation. The firm services homeowners, businesses, churches, farmers, Veterans, and retirees. His team has achieved exponential results for scores of investors, families, and organizations. While leveraging Advanced Planning Strategies, they accelerate the mission of those they serve. Their partners offer Estate Planning, Insurance, Tax Planning, and multiple creative funding opportunities for meaningful Advancement. Jason travels and teaches the strategies to investors and advisors all over the US. His firm provides weekly education to those affiliates. Jason has been a guest on multiple podcasts, meetings, and Networking groups. Many Safe Money Solutions Clients Experience Unprecedented Financial Transformation.
Host: Nancy May, Author of How to Survive 911 Medical Emergencies, Step-by-Step Before, During, After! is an expert in managing the path of step-by-step caring for aging parents, even from over 1200 miles away. For a free, fillable File-of-Life go to www.howtosurvive911.com. Nancy is also the Co-Founder of CareManity LLC, and the private FaceBook group, Eldercare Success. She is also the new voice of the Caregiving Network.
Disclaimer: The views, perspectives, and opinions expressed in this show are those of the show guests and not directly those of the companies they serve or that of the host or the producer CareManity, LLC. The information discussed should not be considered or used as medical, legal, or financial advice. Please seek the advice of your own medical, legal, or financial advisors as each person’s situation differs. CareManity is a registered trademark of CareManity, LLC. (c) Copyright 2023 CareManity, LLC all rights reserved.
This podcast uses the following third-party services for analysis:
Podtrac - https://analytics.podtrac.com/privacy-policy-gdrp
Chartable - https://chartable.com/privacy
