Local Attorney Contributes to New Long Term Care Planning Book
May 27, 2008
Springfield, MA – The Springfield-based regional law firm of Bacon Wilson, P.C. is pleased to announce that Certified Elder Law Attorney, Hyman G. Darling is among the contributors to “The CPA’s Guide to Long-Term Care Planning,” recently published by The American Institute of Certified Public Accountants (AICPA) and Elder Law Answers.
The need and cost for long-term care services are expected to skyrocket as the baby boomers age, and it is estimated that by 2040 the group most likely to require long-term care, Americans 85 and older, will more than triple to 12 million+. Americans desperately need well-informed advisers who can help them understand what is involved in finding long-term care, disability care and elder care solutions.
“The CPA’s Guide to Long-Term Care Planning” helps accountants and other professionals guide their clients by explaining the basic rules and regulations of governmental programs and other options to pay for long-term care. The book examines Medicare and Medicaid, explaining how each fits into an overall plan to protect clients’ assets against the high cost of a catastrophic illness. In addition, the book addresses many other issues of concern to the elderly and their families including long-term care insurance, reverse mortgages, disability planning, nursing home issues and advanced directives.
“The CPA’s Guide to Long-Term Care Planning” is accompanied by a CD that features a 30-state roundup of the Medicaid rules and practices prevailing in each state, including the treatment of the house and protections for the spouse. Attorney Darling contributed to the book’s section about Massachusetts as well as many other jurisdictions.
Attorney Darling is chairman of Bacon Wilson’s Estate Planning and Elder Law Departments, and he is recognized as the area’s preeminent estate planner. His areas of expertise include all areas of estate planning, probate and elder law. Darling is a past president of the Hampden County Bar Association, he teaches law at Bay Path College and is an adjunct professor at Western New England College School of Law – LLM program, teaching Elder Law. Darling earned his J.D. from Western New England College School of Law and his A.B. from Boston University. He is a frequent lecturer on various estate planning and elder law topics at both the local and national levels, he hosts one of the most popular estate planning blogs on the internet called Estate Planning Bits and he lives in Longmeadow.
Bacon Wilson, P.C. has a total of 36 lawyers plus 65 paralegals, secretaries and other support staff. The firm’s has four offices located in Springfield, Westfield, Northampton and Amherst. Founded in 1895, Bacon Wilson provides legal services in almost every area of the law to clients throughout Western Massachusetts and Northern Connecticut.
by: Hyman G. Darling