The Senior Show – Estate Planning, Trusts & Long-Term Care Decisions – S1E15

Let’s get into it—this is The Senior Show!

In this episode of The Senior Show, Neil Himmelstein and Tim Kennedy welcome estate planning attorney Jackie Cara of Cara Law for a practical discussion on how property ownership, trusts, Medicaid planning, and long-term care decisions can affect families. They explain why “simple” estate situations often become complicated, especially with tenants in common, probate, blended family dynamics, and unclear ownership structures. The conversation also covers revocable vs. irrevocable trusts, Medicaid’s five-year lookback period, the tradeoff between control and asset protection, and how reverse mortgages, legal planning, insurance, and liquidity strategies can work together to help seniors age in place while protecting their financial future.

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For questions or planning help:

Neil Himmelstein - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.mainstreetplanninggroup.com/⁠⁠⁠⁠

Tim Kennedy - ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠http://www.timtalksreverse.com/