Episode Transcript
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Speaker 1 (00:00):
He served at the Pentagon as an army jag. He
graduated from Notre Dame and has two law degrees from
Boston University and Georgetown University. He's been practicing law for
over thirty years. He's your family's personal attorney. It's time
for the David Carrier Show.
Speaker 2 (00:21):
Hello, and welcome to the David Carrier Show. I'm David Carrier,
your family's personal attorney, and you have found a place
where we talk about estate planning, elder law, real estate
and business law. So give us a call. Why don't
you have six one six seven seven four twenty four
twenty four. That's six six seven seven four twenty four
(00:42):
twenty four. What could it hurt? Huh, it doesn't cost
you nothing. If you're wondering about Will's trusts or probate,
if you have a question about the long long term care,
how do we pay for it? Well, why do we
need it? What is this all about with trusts? And
what have you I thought? Maybe or you know, if
you've got a question about real estate or business law
(01:03):
as well, if you're thinking about starting a business, if
you wish you had started a business, if you wish
you'd gotten out of that business a long time ago.
If you're looking at a buy, sell or rent, now's the time.
Give us a call six one six seven seven four
twenty four twenty four and we'll get your question, comment
or concern on the air. You know, one of the
(01:25):
things that so often comes up. I mean, this just
happened yesterday in a in a workshop, and it was
it was interesting because it was relatively small, didn't about
half the people as usual, and so because it was
a smaller workshop, we were able to you know, we
only had like six or eight people there. So it
(01:45):
was we got into a lot more dialogue, which was
really kind of interesting because the things that people think
are really amazing sometimes we'll put it that way. So
we had a fellow who was convinced that the Ladybird deeds,
(02:06):
you know, oh lady bird deed, there's no leans on
a Ladybird deed. In fact, Lady birdied is set up
to make it very easy to put a lean against it.
I mean it says it right in the right in
the on the deed. It says that you know, leans
will attach, and just a lot of a lot of
that kind of a lot of that kind of stuff,
(02:27):
whether or not I made a convert out of them.
I don't know at the end of it, but it
was certainly one of those things where why how could
you think this given the reality of the situation, and
what you realize is that there's an awful lot of oh,
(02:48):
what do you want to say? Folk wisdom out there
about how this stuff, how this stuff works, and what
medicaid means and all the rest of it. So I
thought I'd just take a couple of minutes, maybe a
couple of hours, and just sort of revisit, revisit the basics.
(03:10):
Most people work for a living. Can we agree on
that one? Most people work for a living. If you're
listening to me, you're probably you know, you're probably like me.
I'm guessing that you know. Nobody dumped a ton of
money on you. What you've got is because you worked
(03:30):
and you put in the overtime, and yeah, you did
the right thing, and did that again and lather, rinse
and repeat, right for forty or fifty years, sixty years
now in my case, Yeah, I think about that a
little bit longer. Actually, my first job was at seven,
(03:52):
I was delivering newspapers as a Now I didn't pay
I didn't pay any fight on that, and that was
gonna be My point was, as as long as you've
received a paycheck, you've been paying fight up. You know
that's the that's the the Social Security tax, and it's
Social Security, Social Security, Medicare, Medicaid all come out of
(04:13):
fight up, right, that's what that's what that tax is.
That's the you know seven percent, it's more than seven percent,
but this is called seven point five three percent that
comes out of your paycheck, every single paycheck, even if
there's no income tax, you're still paying. You're still paying
the fight out, all right, because so Security needs to
get paid, Medicare needs to get paid, Medicaid needs to
(04:36):
get paid. And that's where those that's where those funds
come from. Now they also comes from general tax funds.
Not saying but you've been paying in with every paycheck
you ever received. It was fifty years, sixty years, however
long it's been, you've been paying in to all three
of those programs. You've been paying for them through your
(04:57):
through the payroll taxes. So the question is when people say, oh,
should you be getting Social Security? Right, you know, what's
the deal on Social Security? Well, you're paid for it.
So it seems righteous to me that you would get
something back. I mean, that was the promise, wasn't it.
(05:18):
I mean, with most taxes, right, most taxes you pay
in and you have no expectation that anything will come back.
Can we agree on that? I mean, what's the expectation
that you're going to get anything out of it? None?
You kind of hope so, but you know, no expectation.
(05:39):
The thing is with Paika, though, the expectation is that
you are paying in to something that will be there
when you retire Social Security. But the other things that
are funded by that by you are the Medicare and Medicaid. Now,
Medicare again was structured originally as kind of an insurance program,
(06:03):
taxpayer supported insurance program or they're going to make you
do it, and to some extent it is of course
also funded by your tax dollars at work. All right,
if you keep you know, a lot of people think
that the you know what is about one hundred and
fifty dollars a month that that comes out of your
Social Security People think that's how it gets funded. Well,
(06:24):
if you keep earning, you've already discovered that your Medicare
tax is a hell of a lot more than that.
You're going to pay a lot more in Medicare than
just the basics. That's just the way it is. Okay, fine,
but you pay and you get out. That's the that's
the idea. Medicaid is the same way. Medicaid is a
(06:44):
program you paid, You've paid into it, and it's supposed
to be there later on. But here's the difference. And
it's an important difference because it illustrates what the government
would do to you if they could get away with it. See,
with Social Security, people worried about so scary. Oh they
canna take away you're sobi security. Well that's a political thing, right,
(07:07):
I mean, the politicians will accuse each other, throwing Grainy
off the cliff and stuff like that. Right with the
Social Security and the Medicare, there's a lot of there's
a lot of that, and it's effective. It's a lie,
but it's effective. And the reason it's a lie is
because it's effective. Does that make sense? Right? They lie
about it because it's an effective lie that either party
(07:32):
is going to make substantial cuts to Social Security or Medicare.
I swear to goodness, I mean this is how I
look at it. They'll you know they're, oh, we're running
out of the trust fund, we're going to have to
cut benefits. What they're going to raffle off the submarines
before they cut benefits, because you will not vote amount
of office when they raffle off the submarines, right, but
(07:55):
you will vote amount of office if they cut yourself security.
So I don't know how you going to do it.
I'm not I don't claim to know. And you look
at the trillions of dollars in debt, it's absolutely horrific, right, horrific.
But your social security is the last thing to go,
absolutely the last thing to go, because why because it's
(08:19):
political suicide to cut social security or Medicare. Medicare is
soci security is the program you rely on for groceries. Right,
social Security is the money you'll spend. I don't see anybody,
very few of my clients spend, are spending their their iras.
(08:39):
They're not spending the four in one K. You know,
they're glad to have it. They built it up over
the years, they watched it grow. They're not about to
see it go bye bye. But the social security, they
understood that as kind of their pension, right, that's how
they were going to make that's how they're going to
pay the bills. Social Security comes in, so security goes out.
(08:59):
I do have some clients who actually save out of
their Social Security. They don't have to, but they do.
But that's not the way. Most most people understand that
spending the social Security no problem, but they won't spend
They won't spend the IRA, the four or one K.
So this is why I say people are reliant on
They depend on the Social Security. People who could do
(09:23):
something else don't do something else because psychologically, for fifty years,
sixty years, we've been told that's what the social security
is all about. It's going to be there, the pension
that we work for it, we believe in it. Okay,
same way with medicare. Right, Why is why is in America?
(09:46):
Why is the health system tied to working? It has
to do with World War Two, and then the next
segment we'll talk about exactly why it is the US
health system is the way it is. But the fact
of the matter is when you're not working, it's Medicare
that you're relying on. All right, So just the basics,
working people are relying on programs that they paid into
(10:10):
programs that they were told to rely on, programs that
they do rely on Medicare and Social Security. You've been
listening to the David Carrier Show. I'm David Carrier, your
family's personal attorney, inviting you to the website Davidcarrier Law
dot com. Sign up for a free three secrets workshop
find out what's really going on.
Speaker 1 (10:32):
This hour of the David Carrier Show is pro bono,
so call in now at seven seven twenty four. This
is the David Carrier Show.
Speaker 2 (10:43):
Well, welcome back to the David Carrier Show. I'm David Carrier,
your family's personal attorney, and you have found the place
we're supposed to call us because otherwise I'll die of loneliness. Well,
hasn't killed me yet, so probably not kinda, but you
never know, you know, play it safe, right, The loneliness
(11:05):
might not kill me. But look, if you call in
six one, six, seven, seven four twenty four twenty four
and don't tell me it's a long distance you know,
nobody's nobody pays long distance anymore. That's the thing of
the past. Six one, six, seven, seven four twenty four
twenty four will get your question, comment or concern on
the air. If it's about the state, planning, elder law,
(11:28):
real estate, or business law, or frankly, anything else you
care to talk about it. And right now, right now,
what we're talking about is how See, everybody's all worried
about dying, and I understand that. I understand that. And
they're worried about leaving a mess. I understand that too. Right,
you don't want to be you don't. You don't want
people to remember you as the poor slab who screwed
(11:51):
up their family. Right, you don't. You don't want to
be the pathetic loser, you know, who left their family
in the lurchs left their spouse in the lurch like that.
You don't want that, at least I don't. I could
be wrong. There's probably somebody out there was like, how
can I inflict the greatest damage on my family? Oh?
I know. I'll promise everything to everybody. Uh, and then
(12:14):
I won't leave. I won't leave a trace, I won't
do a trust, I won't explain what I want, and
I'll throw so I'll pitch the whole thing into probate.
I'll write a really confusing will, or maybe i'll write
two or three of them. Yeah, that's a good idea.
You know, I'll get a few CDs and download some
stuff and I'll write a whole bunch of them and
sign some of them with magic marker and whatever I
(12:37):
could do.
Speaker 1 (12:37):
That.
Speaker 2 (12:38):
Wow, that would be That would be a living. That
would be a legacy, wouldn't it. Maybe not the kind
of legacy that most other people would want, But people
wouldn't forget you, right if they're fighting, if they're fighting
over your stuff for the onto the uh generation, they
wouldn't forget you. That'd be something. Yeah, I'll think about that.
(13:01):
You know, there's a movie, a cartoon movie out there
where if you don't actually something. I don't know how
authentic that is or whatever. I don't know if that's
culturally real, but it's out there. I mean, it's the idea.
And you only live as long as people remember you.
(13:24):
And when they forget you, when living people forget you,
boof you're gone. I mean that was the It was
a Disney movie, so who the hell knows. But anyway,
the point is if you want them to remember you,
although not in a good way, you know, you can
really screw things out. That'd be great, and that's what
most people. But seriously, that's what most people are concerned about.
(13:45):
The survey says, right, they're not so much worried about themselves.
They're not so much worried about their spouses, all right,
their husband or wife. What they're really worried about is
the mess they leave behind. And as a consequence, when
you focus on that, you tend not to leave anything
behind because because why because you haven't taken care of
(14:07):
business first and foremost. You did it during your lifetime, right,
you're built up your four oh one k r ira
whatever it is you're saving, You paid off your house,
you did the good things, you paid it down at
the very least. Okay, and now you're on social Security
and you're thinking, well, this will be you know, we'll
be fine. Well, the problem is you won't be fine
(14:27):
because you're going to lose what you're built up. Right, frequently,
i'd say it's one hundred percent of the time. You know,
you might get you might get lucky, you might get lucky.
But that's not the usual my experience anyway, that's not
the usual, that's not the usual course. So if you
want to be remembered as a pathetic loser, don't do
anything or or do a lot of it, just all
(14:49):
kinds of different ways. But that's not even the that's
not even the point. Okay. So as I say three
government programs that you've been paying for right along, and
the first everybody gets it's Social Security. That's an easy
thing to understand, right. The money comes in, I spend it.
Next month there's some more money, and then when I'm
(15:12):
dead the money stops. Usually, although apparently there's some multi
hundred year old people out there. But anyway, that's the idea.
Everybody kind of gets it. The money shows up, and
I spend that on groceries, and I just keep moving along.
The second thing that is kind of easy to understand
is Medicare. You know, Medicare is the government program to
(15:33):
pay for pay for health, right, And why do we
have a government programs that are private insurance or what
have you. And the answer is that during World War two.
During World War two, they wanted to pay people more
or factory workers and whatnot, you want to pay them more,
but the income taxes were so high, right, so we
would pay you the money and you go out by
(15:53):
your own health insurance. That was kind of pay for
your med bills. That was the idea, and so employer
paid health insurance became a thing because it wasn't taxed,
it wasn't taxable, it wasn't taxed as income. And so
employers said, hey, here's something we can give people. Here's
(16:14):
a way we can pay people. And it's say, there's
no giving here. This is not Christmas, right, not Halloween.
Oh here I'm giving you this. No, it was a
way to pay people, and you could pay people with
health care, with health insurance, and it didn't it wasn't
taxed like income. All right, but what do you do
when you don't have a job? Whoopsies, And that's where medicare.
(16:37):
That's why back in the sixties, early sixties, mid sixties,
that's why we did medicare. Right now, pulling out of
the same revenue pool in the same constellation and services
is medicaid, right and medicaid. What they did was they
(16:57):
they said, okay, we get that people need current healthcare.
We understand that you might need an operator, you might
have a kidney stone or something like that. Even after
you're retired, you might need In fact, you're probably gonna
need more healthcare. Right And nowadays most of your healthcare
is in the last few years of life. That's that's
how it works, and that's why you have the Medicare
(17:20):
to pay for that because you're not working anymore. Everybody
gets the hospitalization, right, it's a way to pay for that.
But the thing that isn't paid for is the thing
that doesn't get paid for out of Medicare is the
long term care. So if you have a heart attack,
good on you. Medicare will fix you up. If you
(17:42):
have a stroke, whoopsies, well we can't fix the stroke anyway,
all right, So as soon as you kind of recover,
you're on You're on your own for the long term care, right.
And what's happened is Medicaid. It does a bunch of
other stuff. There's a there's a whole bunch of other
programs associated with Medicaid. But Medicaid is the way that
(18:04):
America pays for long term care. It just is, I
don't care what nursing home you go to. With very
few exceptions that don't very miniscule exceptions, very just a
couple of places that don't accept the Medicaid. Everybody accepts
the Medicaid for skilled nursing care. That's how America pays
(18:25):
for it because at four hundred dollars a day and
four hundred dollars a day, if you can find a
nursing home for skilled nursing facility for twelve thousand bucks
a month, good anya, because they're not out there anymore.
Very very I don't know of any. None come to mind. Instead,
you know, it's five hundred dollars a day, at six
(18:46):
hundred dollars a day, day in, day out, that's what
that's what it costs. So regular folks, middle class folks,
go broke quickly, doesn't take long. And now you're on.
Now you're on the medicaid. Medicaid is what pays for it.
But the problem with calling these things and this is
what really frosts me all the time. Oh, it's a
(19:09):
government program. Government program? What do you mean? It's a
government program. Who's the government who paid for it? Right?
It got paid out of your paycheck. They took it
from you, they the government. Oh, we voted for it,
so I guess we like it. Right. It's not government programs,
they're taxpayer programs. They're programs that taxpayers paid for. Right.
(19:33):
Why are you entitled to Social Security because I paid
for it? Yeah, Why are you entitled to Medicare because
I paid for it? Right? Why are you entitled to
Medicaid long term care because I paid for it? Right?
But there's a big difference in the way you get
eligible for those programs, and it reflects, in my opinion,
(19:54):
a real disrespect or real it's just a well we'll
talk about it in the next secon What the difference
is between the programs that everybody understands and takes advantage of, right,
and the one that they would go broke rather than
taking advantage of. Even though economically, morally, rationally, they're all
(20:18):
the same, but they've got you so bamboozled into thinking
that Medicaid, Oh, if you're on Medicaid, it's like robbing
the poor box at church. Right, No, it isn't. It's
just another taxpayer supported program with rules that the government
put on it. That's what it is. And either comply
with the rules or you don't comply with the rules.
(20:40):
Now I'm a big let's comply with the rules, because
I just assume not have the government sit on my head,
understand right, So let's do what they tell us to do.
But let's do what they tell us to do, and
let's not accept you know, this fabrication, this misdirection, this
(21:00):
guilt trip that somehow or other, you're not entitled to
what you've you're not entitled to what you've paid for. Oh,
you're you're a terrible person. If if what if you
take a mortgage deduction on your house? Oh that makes
you bad? Oh if you do whatever, that's that's all
terrible stuff. I'm not thinking. So you've been listening to
(21:23):
the David Carrier Show. I'm David Carrier, your family's personal attorney.
Speaker 1 (21:29):
David's got the how too you're looking for. Just call
seven seven four twenty four twenty four. This is the
David Carrier Show.
Speaker 2 (21:39):
Wellcome back to the David Carrier Show. I'm David Carrier,
your family's personal attorney. Now's the time, give us a call.
Sixty one six seven seven four twenty four twenty four.
That's sixty one six seven seven four twenty four twenty four,
kind of recapping a little bit. I get I get
pushback all the time. Oh, you know, you're talking about
(22:00):
long term care and I don't care about long term care.
I just don't want to leave a mess. Well, I
get it. The problem is you're gonna leave a mess
if you don't worry about long term care. It's just
kind of the way it is. If you don't focus
on you, how can you take care of anything else?
I say, you can't. And see, everybody gets Social Security,
(22:24):
everybody gets Medicare, right, everybody understands that. That's what I mean.
I say gets it practically everybody gets it but receives it.
But those aren't hard to understand, and those are immediate
needs that people have for decades after they retire. This
is why it's impossible for anybody to reform or cut
(22:49):
or significantly change Social Security or Medicare. It's pretty much
frozen in, frozen in the ice right now, okay, because
any change is going to impact lots of folks immediately,
lots of middle class folks, folks who counted on those
(23:10):
programs to be there. And so that's why I say
they're going to be there. They're going to be there
because you know, if you want to argue about new bombers,
or you want to argue about I don't know anything
else the government does that doesn't strike close to home
as as the Social Security or Medicare, and so security
(23:30):
and Medicare are there so there's income, so that there
is immediate healthcare, immediate need. You have access the very
finest hospitals, nursing, all the nursing and everything else in
the world right through Medicare. You did it when you
were working, right through your employer sponsored health insurance, and
(23:51):
now it's Medicare. That's how that works. But there's a
third thing that most older people need. Corner and National
Institute of Health, right, seventy percent of folks will need
on average, three years of care. Now a lot of
that's at home care. It's not all nursing home care,
but nursing home care is in the cards for an
awful lot of folks. And this is what's breaking the
(24:13):
middle class because guess what, fellow boomers. I hate fellow boomers.
You know, there's a lot of us, and we didn't
have nearly as many kids as our parents did. And
put those two facts together, and what you've got is
a skyrocketing demand for care. If you look at nurses,
(24:35):
you know the way the whole nursing profession's going. MSU
doesn't have enough teachers to crank out as many nurses
as it would like. Think about that it's not just
the shortage of nurses. It's like we can't even fix
the nursing shortage because we can't find enough people to
teach the nurses. Now that just came out last week.
(24:58):
And what is it paid be a nurse? Right, it's
it's like, I don't know, is that ninety or a
hundred thousand dollars a year to be a nurse? Private
you think, oh, well, we'll have a nurse come in
and look after mom. No you won't. Not at one
hundred bucks an hour, you won't. And that's what it costs,
which is oh big, Well that's one hour, right, whereas
(25:20):
at a nursing home, boy, that's relative bargain. It's only
six hundred dollars and you get them for a whole day. Wow,
that's that wonderful. Of course they get eighteen other people
that'll be concerned about and all that. Or or you say,
oh well we're not going to go with that expensive nurse.
Oh no, we're gonna save money. We'll be paying forty
bucks an hour, you know for somebody who went through
(25:43):
the training course who isn't a nurse. But you know,
it's sort of an aid kind of kind of person.
That's what that's what this stuff costs these days, okay.
And then the question is how are you going to
pay for it? And the answer is don't know. The
answer is you're going to sell everything, You're going to
go broke. And when you finally go broke, what's their Medicaid?
(26:06):
That's at the end, that's the end of the rainbow,
is medicaid when you're broke. Well, what if you don't
have to be broke? Right? What if you could get
the Medicaid like you get Social Security, like you got medicare?
What if you could get it without going broke? And
that's what I've been doing for the last thirty years
is trying to convince you, faithful listeners, all right, that
(26:31):
not only does it work, it can work for you.
And if you plan ahead, you know how, I don't
even understand how this is problematic, Right, If you plan ahead,
things work out better. Things always work out better. But
that's not what people are worried about. People are worried
about avoiding probate, saving taxes, getting to the kids. I
(26:53):
understand that. I understand that you don't want to leave
a mess, you don't want to be remembered as a
pathetic loser. I get it, one hundred percent. But what's
more loserish than going broke after you worked and you
saved and you did all the good things. Help me
out with this, because I am not understanding. I am
(27:14):
not understanding how it's okay for you to take Social Security.
It's okay for you to take Medicare, but it's not
okay to take the other program that you're paid for,
which pays for long term care. I don't just now
I understand why it is that way, Okay, because when
you get the benefit of Social Security, and it is
(27:34):
a benefit, huge benefit, right paid for it, I get it.
But it's still a benefit. You know, when you get
the benefit of Social Security or Medicare, you've got another
twenty years, fifteen, twenty years, maybe thirty years of voting. Okay,
you can hold their feet to the fire if they
screw with your medicaid, excuse me, if they screw with
(27:55):
your Medicare, if they mess around with Social Security, you
can hold them to a care out them being the
government officials who would do that, which is why they're
not going to do that. But it's very effective, which
is why they accuse each other of doing it all
the time. Different with the Medicaid, different with the long
term care. The fact that they make you impoverish yourself
(28:16):
and poverish your family, impoverish your spouse. Well, that's okay,
because guess what you're not going to Well, you'll still
be voting, you just won't know who you're voting for.
I just keep on filling out the forms at the
nursing homes for you. According to the news reports, apparently
it's pretty popular, you know, people going in there and
filling out report you know, you know, apparently nationally, nationally,
(28:39):
the voting rate at nursing homes went to one hundred
during the COVID It went from like twenty five percent
to one hundred percent. Ooh boy, how did that happen? Anyway,
the point is there's no meaningful retribution possible on the
politicians who screw with your medicaid. Right. If you want
(29:03):
to know what the government would do to you if
they could get away with it, look at what they
do to you on the Medicaid. Before you're entitled, before
you can receive what you're entitled to, before you can
receive what you're paid for, you got to get rid
of everything. You got to impoverish yourself. Why do you
really have to impoverish yourself? The answer is no, you don't, No,
(29:24):
you don't. It's like any other it's like taxes, like
anything else. If you know how the system works, right,
you can work the system. Oh that's terrible. Really, it's
terrible to take the mortgage interest deduction on your house. Right,
it's oh, here, let's give the government more money because
they're so smart about what they do with it. Right. Oh,
(29:46):
I don't want to, you know, I don't want any government. No, No,
don't defend my house. I don't. I never call the police,
the fire department or anything. Oh no, other people need
that more than I do. Okay, it's an attitude. But
that's the way that people that's the way that people
go broke. And it's a choice, right, I mean, the
(30:06):
whole long term care thing, it's a choice, and it's
very easy. It's very hard to deny that you need groceries,
or you might need some medical care. That's hard to deny. Right,
The long term care thing very easy to deny because
most people we still sweep it under the rug, we
still don't see it very often. But that's the only difference.
That's the only difference that there is. You have to
(30:28):
plan for it more, and when you do, it can
be very effective. And you don't have to actually impoverish yourself.
You don't have to leave your spouse in the lurch.
You don't have to leave a legacy of you know, oh,
you know, he worked his whole life and it all
went in the last year. It doesn't have to be
that way, right, Give us a call six one, six, seven, seven,
(30:50):
twenty four, twenty four. I'm David Carrier, your family's personal attorney.
Speaker 1 (30:57):
David's working and working and take your calls. Now. This
is the David Carrier Show.
Speaker 2 (31:05):
Wellcome back to the David Carrier Show. I'm David Carrier,
your family's personal attorney. You know, I feel the need
occasionally to sort of reset, and that's what we've been doing.
This first hour is kind of resetting on what's important,
what you should be planning for, what you should be
thinking about. And you don't think about it if you
don't want I say, should, well, don't do it if
(31:26):
you don't want to, that's fine by me, right, I mean,
you're the one who spent your life working for this stuff.
You're the one who paid for it. The fact that
you get no benefit from what you're paid for, all right,
you know who might have who might argue with it,
Do what you want. But but my experience has been
(31:47):
that most people when they find out what's what's going
on the way the thing, the way the thing actually works,
most people are not too pleased. And I would like
to do something about it. If that's you, come to
one of the Three Secrets workshop. It's not as bad
as you think. It's not as bad as you think.
It's worse. We'll let you know at the workshop exactly
(32:10):
what's going on. It's easy to sign up. Go to
the website Davidcarrier lag dot com and at davidcarrierlog dot com.
Come to one of our workshops. We're doing them in
all the offices, whether it's whether it's up in Norton Shores,
down in Portage, over in Holland, or of course at
the home office in Grand Rapids. That's where the workshops are.
(32:31):
You don't have you know a lot of people do
workshop once a month or once every other month, or
once a quarter or something like this when they need
the business, right, I mean that's what that's what people do.
We've been doing them for years now, decades, and we
do them much more frequently, put it that way, much
more frequently than most folks. And the reason for that is,
(32:54):
this is really about figuring out what it is, what's
actually going on, what it is you could do, what
it is you might want to do, right. We don't
want to make you wait for three months because we
need you know, we need revenue or something like that. Instead,
they tend to be smaller. I mean, so we're not talking.
You know, it's not one hundred people in the room,
(33:15):
but it is people who are very much tuned in
to making sure that they don't go broke, their spouse
doesn't go broke, that they get the benefits they're entitled to,
all that kind of thing. That's that's who are at
the It's regular folks, middle class folks who are at
the who are at these workshops. But that's why we
do them so often, and it is catching on. You know,
(33:35):
we mentioned before that we now have a partnership with
about fourteen law firms now in the partnership that's coast
to coast from San Diego to Staten Island. There are
folks who understand. See, it's very frustrating for some not
for everybody, and some people just like cranking the system
(33:56):
on the way you know, the bs that it's always bad. Fine,
who am I do it? It's customary. I mean, that's
the thing that drives me nuts. It's like customary customary.
Are you doing what everybody else is doing? Then you're good,
You're good. But it's failing people. It isn't working, It
doesn't actually preserve stuff, It leads to impoverishment. The current system,
(34:18):
in my opinion, is just it's just awful. It's horrible
what people get away with, what people wind up doing
right when they could be doing so much more to
preserve what they've got and mostly to preserve quality of
care for themselves, quality of care for their spouses, and
they're just not doing it because you got brainwashed into
this idea that if you take advantage of the programs
(34:43):
that you've paid for, that you're a bad person. It's like, what,
how did that work? I'm not understanding this. And especially
and then they'll say things like, oh, you know, if
you're you know, if your government is paying for it,
meaning if the taxpayers are paying for it, meaning if
you're paying for it through your you know, payroll deduction
(35:06):
at work, right, if you're paying for it through your taxes,
then it's only the bad nursing homes. It's every nursing
home with minor exceptions, you know, one or two here
and there. Facility doesn't take the Medicaid, right, they all
take the Medicaid And oh, but then I'll be I
(35:27):
have to go in a nursing home. No, you don't. Actually,
our most popular program, the one that we absolutely love,
is called pace. Pace is all inclusive care for the
elderly at home. Right. Most of our clients on the
Medicaid never go to a nursing facility because they don't
(35:49):
need it. Right. If you're caring for your spouse at
home twenty four to seven all the year round, that's
extremely wearing. That's not good for you. It's not good
for your spouse. Okay, you're not You're not providing the
level of care that they should get, and you're killing
yourself doing it. Well, what if there was a government program,
(36:12):
meaning a taxpayer program meaning I already paid for this
program that would come to the house do the personal hygiene,
lighthouse keeping even during the COVID. They did grocery shopping
and stuff, all right, and you already paid for it.
It doesn't cost you anymore to enjoy the benefits of
the program that you're already paid for. Oh yeah, that's
(36:35):
a bad idea. Huh right? Is it a bad idea?
Is it? Is it awful? Terrible that you should get
some benefit from what you're paid for. Isn't that the
way it's supposed to work? Maybe? Not who am I?
But PACE program. It's our it's our favorite program, and
it's especially good when we've got folks who are at
(36:57):
the beginning of the of the process. If you got
a spouse who recently received a diagnosis, right, things aren't
aren't that bad yet. You know, if you're in the
I can handle this mode, right, despite the fact that
spouse has dementia, that's the time to get involved with
the PACE because what they will do is they will
support you at home. You'll never get to the point
(37:20):
where you're absolutely at your wits end, frazzled, exhausted, exhausted,
financially exhausted, psychologically exhausted, physically. You don't get there, right,
You don't get there if you receive the benefits that
you've already paid for through a program like Pace, you
never have to get to because everybody all like, oh,
(37:41):
I don't want my supposed to go to nursing home.
I get it. But you know something, if you kill
yourself keeping them out of the nursing home, guess where
they go next? Often the nursing home, And it's well
forty five percent of the time it is the caregiver
dies first. It's the caregiver dies first. Well, wait a second,
how's at work? Then one? So that's why I'm saying,
(38:03):
reach out sooner rather than later. Right, don't let your
pride get in the way of the fact that you've
already earned earned benefits. All right, I mean I don't.
I don't even understand the pride thing, but they, but they,
you know, where's the pride in Social Security? Where's the
pride in Medicare? I paid for it, very obvious. I
paid for it. We get paid for this too. It's
(38:24):
just that it got your bamboozled to not asking for it.
It's uh, yeah, well it is the way it is,
and it's kind of sad, but it's out there, it's available.
I encourage you to give me you know. If you
don't believe me, that's wonderful. Give me a call. Sixty
one six seven seven four twenty four twenty four. Six
(38:45):
one six seven seven four twenty four twenty four. Tell
me how I'm wrong. I bet you I'm not. You're
listening to the David Carrier Show. I'm David Carrier, your
family's personal attorney.
He served at the Pentagon as an army jag. He
graduated from Notre Dame and has two law degrees from
Boston University and Georgetown University. He's been practicing law for
over thirty years. He's your family's personal attorney. It's time
for the David Carrier Show.
Speaker 2 (00:21):
Hello, and welcome to the David Carrier Show. I'm David Carrier,
your family's personal attorney, and you have found a place
where we talk about estate planning, elder law, real estate
and business law. So give us a call. Why don't
you have six one six seven seven four twenty four
twenty four. That's six six seven seven four twenty four
(00:42):
twenty four. What could it hurt? Huh, it doesn't cost
you nothing. If you're wondering about Will's trusts or probate,
if you have a question about the long long term care,
how do we pay for it? Well, why do we
need it? What is this all about with trusts? And
what have you I thought? Maybe or you know, if
you've got a question about real estate or business law
(01:03):
as well, if you're thinking about starting a business, if
you wish you had started a business, if you wish
you'd gotten out of that business a long time ago.
If you're looking at a buy, sell or rent, now's the time.
Give us a call six one six seven seven four
twenty four twenty four and we'll get your question, comment
or concern on the air. You know, one of the
(01:25):
things that so often comes up. I mean, this just
happened yesterday in a in a workshop, and it was
it was interesting because it was relatively small, didn't about
half the people as usual, and so because it was
a smaller workshop, we were able to you know, we
only had like six or eight people there. So it
(01:45):
was we got into a lot more dialogue, which was
really kind of interesting because the things that people think
are really amazing sometimes we'll put it that way. So
we had a fellow who was convinced that the Ladybird deeds,
(02:06):
you know, oh lady bird deed, there's no leans on
a Ladybird deed. In fact, Lady birdied is set up
to make it very easy to put a lean against it.
I mean it says it right in the right in
the on the deed. It says that you know, leans
will attach, and just a lot of a lot of
that kind of a lot of that kind of stuff,
(02:27):
whether or not I made a convert out of them.
I don't know at the end of it, but it
was certainly one of those things where why how could
you think this given the reality of the situation, and
what you realize is that there's an awful lot of oh,
(02:48):
what do you want to say? Folk wisdom out there
about how this stuff, how this stuff works, and what
medicaid means and all the rest of it. So I
thought I'd just take a couple of minutes, maybe a
couple of hours, and just sort of revisit, revisit the basics.
(03:10):
Most people work for a living. Can we agree on
that one? Most people work for a living. If you're
listening to me, you're probably you know, you're probably like me.
I'm guessing that you know. Nobody dumped a ton of
money on you. What you've got is because you worked
(03:30):
and you put in the overtime, and yeah, you did
the right thing, and did that again and lather, rinse
and repeat, right for forty or fifty years, sixty years
now in my case, Yeah, I think about that a
little bit longer. Actually, my first job was at seven,
(03:52):
I was delivering newspapers as a Now I didn't pay
I didn't pay any fight on that, and that was
gonna be My point was, as as long as you've
received a paycheck, you've been paying fight up. You know
that's the that's the the Social Security tax, and it's
Social Security, Social Security, Medicare, Medicaid all come out of
(04:13):
fight up, right, that's what that's what that tax is.
That's the you know seven percent, it's more than seven percent,
but this is called seven point five three percent that
comes out of your paycheck, every single paycheck, even if
there's no income tax, you're still paying. You're still paying
the fight out, all right, because so Security needs to
get paid, Medicare needs to get paid, Medicaid needs to
(04:36):
get paid. And that's where those that's where those funds
come from. Now they also comes from general tax funds.
Not saying but you've been paying in with every paycheck
you ever received. It was fifty years, sixty years, however
long it's been, you've been paying in to all three
of those programs. You've been paying for them through your
(04:57):
through the payroll taxes. So the question is when people say, oh,
should you be getting Social Security? Right, you know, what's
the deal on Social Security? Well, you're paid for it.
So it seems righteous to me that you would get
something back. I mean, that was the promise, wasn't it.
(05:18):
I mean, with most taxes, right, most taxes you pay
in and you have no expectation that anything will come back.
Can we agree on that? I mean, what's the expectation
that you're going to get anything out of it? None?
You kind of hope so, but you know, no expectation.
(05:39):
The thing is with Paika, though, the expectation is that
you are paying in to something that will be there
when you retire Social Security. But the other things that
are funded by that by you are the Medicare and Medicaid. Now,
Medicare again was structured originally as kind of an insurance program,
(06:03):
taxpayer supported insurance program or they're going to make you
do it, and to some extent it is of course
also funded by your tax dollars at work. All right,
if you keep you know, a lot of people think
that the you know what is about one hundred and
fifty dollars a month that that comes out of your
Social Security People think that's how it gets funded. Well,
(06:24):
if you keep earning, you've already discovered that your Medicare
tax is a hell of a lot more than that.
You're going to pay a lot more in Medicare than
just the basics. That's just the way it is. Okay, fine,
but you pay and you get out. That's the that's
the idea. Medicaid is the same way. Medicaid is a
(06:44):
program you paid, You've paid into it, and it's supposed
to be there later on. But here's the difference. And
it's an important difference because it illustrates what the government
would do to you if they could get away with it. See,
with Social Security, people worried about so scary. Oh they
canna take away you're sobi security. Well that's a political thing, right,
(07:07):
I mean, the politicians will accuse each other, throwing Grainy
off the cliff and stuff like that. Right with the
Social Security and the Medicare, there's a lot of there's
a lot of that, and it's effective. It's a lie,
but it's effective. And the reason it's a lie is
because it's effective. Does that make sense? Right? They lie
about it because it's an effective lie that either party
(07:32):
is going to make substantial cuts to Social Security or Medicare.
I swear to goodness, I mean this is how I
look at it. They'll you know they're, oh, we're running
out of the trust fund, we're going to have to
cut benefits. What they're going to raffle off the submarines
before they cut benefits, because you will not vote amount
of office when they raffle off the submarines, right, but
(07:55):
you will vote amount of office if they cut yourself security.
So I don't know how you going to do it.
I'm not I don't claim to know. And you look
at the trillions of dollars in debt, it's absolutely horrific, right, horrific.
But your social security is the last thing to go,
absolutely the last thing to go, because why because it's
(08:19):
political suicide to cut social security or Medicare. Medicare is
soci security is the program you rely on for groceries. Right,
social Security is the money you'll spend. I don't see anybody,
very few of my clients spend, are spending their their iras.
(08:39):
They're not spending the four in one K. You know,
they're glad to have it. They built it up over
the years, they watched it grow. They're not about to
see it go bye bye. But the social security, they
understood that as kind of their pension, right, that's how
they were going to make that's how they're going to
pay the bills. Social Security comes in, so security goes out.
(08:59):
I do have some clients who actually save out of
their Social Security. They don't have to, but they do.
But that's not the way. Most most people understand that
spending the social Security no problem, but they won't spend
They won't spend the IRA, the four or one K.
So this is why I say people are reliant on
They depend on the Social Security. People who could do
(09:23):
something else don't do something else because psychologically, for fifty years,
sixty years, we've been told that's what the social security
is all about. It's going to be there, the pension
that we work for it, we believe in it. Okay,
same way with medicare. Right, Why is why is in America?
(09:46):
Why is the health system tied to working? It has
to do with World War Two, and then the next
segment we'll talk about exactly why it is the US
health system is the way it is. But the fact
of the matter is when you're not working, it's Medicare
that you're relying on. All right, So just the basics,
working people are relying on programs that they paid into
(10:10):
programs that they were told to rely on, programs that
they do rely on Medicare and Social Security. You've been
listening to the David Carrier Show. I'm David Carrier, your
family's personal attorney, inviting you to the website Davidcarrier Law
dot com. Sign up for a free three secrets workshop
find out what's really going on.
Speaker 1 (10:32):
This hour of the David Carrier Show is pro bono,
so call in now at seven seven twenty four. This
is the David Carrier Show.
Speaker 2 (10:43):
Well, welcome back to the David Carrier Show. I'm David Carrier,
your family's personal attorney, and you have found the place
we're supposed to call us because otherwise I'll die of loneliness. Well,
hasn't killed me yet, so probably not kinda, but you
never know, you know, play it safe, right, The loneliness
(11:05):
might not kill me. But look, if you call in
six one, six, seven, seven four twenty four twenty four
and don't tell me it's a long distance you know,
nobody's nobody pays long distance anymore. That's the thing of
the past. Six one, six, seven, seven four twenty four
twenty four will get your question, comment or concern on
the air. If it's about the state, planning, elder law,
(11:28):
real estate, or business law, or frankly, anything else you
care to talk about it. And right now, right now,
what we're talking about is how See, everybody's all worried
about dying, and I understand that. I understand that. And
they're worried about leaving a mess. I understand that too. Right,
you don't want to be you don't. You don't want
people to remember you as the poor slab who screwed
(11:51):
up their family. Right, you don't. You don't want to
be the pathetic loser, you know, who left their family
in the lurchs left their spouse in the lurch like that.
You don't want that, at least I don't. I could
be wrong. There's probably somebody out there was like, how
can I inflict the greatest damage on my family? Oh?
I know. I'll promise everything to everybody. Uh, and then
(12:14):
I won't leave. I won't leave a trace, I won't
do a trust, I won't explain what I want, and
I'll throw so I'll pitch the whole thing into probate.
I'll write a really confusing will, or maybe i'll write
two or three of them. Yeah, that's a good idea.
You know, I'll get a few CDs and download some
stuff and I'll write a whole bunch of them and
sign some of them with magic marker and whatever I
(12:37):
could do.
Speaker 1 (12:37):
That.
Speaker 2 (12:38):
Wow, that would be That would be a living. That
would be a legacy, wouldn't it. Maybe not the kind
of legacy that most other people would want, But people
wouldn't forget you, right if they're fighting, if they're fighting
over your stuff for the onto the uh generation, they
wouldn't forget you. That'd be something. Yeah, I'll think about that.
(13:01):
You know, there's a movie, a cartoon movie out there
where if you don't actually something. I don't know how
authentic that is or whatever. I don't know if that's
culturally real, but it's out there. I mean, it's the idea.
And you only live as long as people remember you.
(13:24):
And when they forget you, when living people forget you,
boof you're gone. I mean that was the It was
a Disney movie, so who the hell knows. But anyway,
the point is if you want them to remember you,
although not in a good way, you know, you can
really screw things out. That'd be great, and that's what
most people. But seriously, that's what most people are concerned about.
(13:45):
The survey says, right, they're not so much worried about themselves.
They're not so much worried about their spouses, all right,
their husband or wife. What they're really worried about is
the mess they leave behind. And as a consequence, when
you focus on that, you tend not to leave anything
behind because because why because you haven't taken care of
(14:07):
business first and foremost. You did it during your lifetime, right,
you're built up your four oh one k r ira
whatever it is you're saving, You paid off your house,
you did the good things, you paid it down at
the very least. Okay, and now you're on social Security
and you're thinking, well, this will be you know, we'll
be fine. Well, the problem is you won't be fine
(14:27):
because you're going to lose what you're built up. Right, frequently,
i'd say it's one hundred percent of the time. You know,
you might get you might get lucky, you might get lucky.
But that's not the usual my experience anyway, that's not
the usual, that's not the usual course. So if you
want to be remembered as a pathetic loser, don't do
anything or or do a lot of it, just all
(14:49):
kinds of different ways. But that's not even the that's
not even the point. Okay. So as I say three
government programs that you've been paying for right along, and
the first everybody gets it's Social Security. That's an easy
thing to understand, right. The money comes in, I spend it.
Next month there's some more money, and then when I'm
(15:12):
dead the money stops. Usually, although apparently there's some multi
hundred year old people out there. But anyway, that's the idea.
Everybody kind of gets it. The money shows up, and
I spend that on groceries, and I just keep moving along.
The second thing that is kind of easy to understand
is Medicare. You know, Medicare is the government program to
(15:33):
pay for pay for health, right, And why do we
have a government programs that are private insurance or what
have you. And the answer is that during World War two.
During World War two, they wanted to pay people more
or factory workers and whatnot, you want to pay them more,
but the income taxes were so high, right, so we
would pay you the money and you go out by
(15:53):
your own health insurance. That was kind of pay for
your med bills. That was the idea, and so employer
paid health insurance became a thing because it wasn't taxed,
it wasn't taxable, it wasn't taxed as income. And so
employers said, hey, here's something we can give people. Here's
(16:14):
a way we can pay people. And it's say, there's
no giving here. This is not Christmas, right, not Halloween.
Oh here I'm giving you this. No, it was a
way to pay people, and you could pay people with
health care, with health insurance, and it didn't it wasn't
taxed like income. All right, but what do you do
when you don't have a job? Whoopsies, And that's where medicare.
(16:37):
That's why back in the sixties, early sixties, mid sixties,
that's why we did medicare. Right now, pulling out of
the same revenue pool in the same constellation and services
is medicaid, right and medicaid. What they did was they
(16:57):
they said, okay, we get that people need current healthcare.
We understand that you might need an operator, you might
have a kidney stone or something like that. Even after
you're retired, you might need In fact, you're probably gonna
need more healthcare. Right And nowadays most of your healthcare
is in the last few years of life. That's that's
how it works, and that's why you have the Medicare
(17:20):
to pay for that because you're not working anymore. Everybody
gets the hospitalization, right, it's a way to pay for that.
But the thing that isn't paid for is the thing
that doesn't get paid for out of Medicare is the
long term care. So if you have a heart attack,
good on you. Medicare will fix you up. If you
(17:42):
have a stroke, whoopsies, well we can't fix the stroke anyway,
all right, So as soon as you kind of recover,
you're on You're on your own for the long term care, right.
And what's happened is Medicaid. It does a bunch of
other stuff. There's a there's a whole bunch of other
programs associated with Medicaid. But Medicaid is the way that
(18:04):
America pays for long term care. It just is, I
don't care what nursing home you go to. With very
few exceptions that don't very miniscule exceptions, very just a
couple of places that don't accept the Medicaid. Everybody accepts
the Medicaid for skilled nursing care. That's how America pays
(18:25):
for it because at four hundred dollars a day and
four hundred dollars a day, if you can find a
nursing home for skilled nursing facility for twelve thousand bucks
a month, good anya, because they're not out there anymore.
Very very I don't know of any. None come to mind. Instead,
you know, it's five hundred dollars a day, at six
(18:46):
hundred dollars a day, day in, day out, that's what
that's what it costs. So regular folks, middle class folks,
go broke quickly, doesn't take long. And now you're on.
Now you're on the medicaid. Medicaid is what pays for it.
But the problem with calling these things and this is
what really frosts me all the time. Oh, it's a
(19:09):
government program. Government program? What do you mean? It's a
government program. Who's the government who paid for it? Right?
It got paid out of your paycheck. They took it
from you, they the government. Oh, we voted for it,
so I guess we like it. Right. It's not government programs,
they're taxpayer programs. They're programs that taxpayers paid for. Right.
(19:33):
Why are you entitled to Social Security because I paid
for it? Yeah, Why are you entitled to Medicare because
I paid for it? Right? Why are you entitled to
Medicaid long term care because I paid for it? Right?
But there's a big difference in the way you get
eligible for those programs, and it reflects, in my opinion,
(19:54):
a real disrespect or real it's just a well we'll
talk about it in the next secon What the difference
is between the programs that everybody understands and takes advantage of, right,
and the one that they would go broke rather than
taking advantage of. Even though economically, morally, rationally, they're all
(20:18):
the same, but they've got you so bamboozled into thinking
that Medicaid, Oh, if you're on Medicaid, it's like robbing
the poor box at church. Right, No, it isn't. It's
just another taxpayer supported program with rules that the government
put on it. That's what it is. And either comply
with the rules or you don't comply with the rules.
(20:40):
Now I'm a big let's comply with the rules, because
I just assume not have the government sit on my head,
understand right, So let's do what they tell us to do.
But let's do what they tell us to do, and
let's not accept you know, this fabrication, this misdirection, this
(21:00):
guilt trip that somehow or other, you're not entitled to
what you've you're not entitled to what you've paid for. Oh,
you're you're a terrible person. If if what if you
take a mortgage deduction on your house? Oh that makes
you bad? Oh if you do whatever, that's that's all
terrible stuff. I'm not thinking. So you've been listening to
(21:23):
the David Carrier Show. I'm David Carrier, your family's personal attorney.
Speaker 1 (21:29):
David's got the how too you're looking for. Just call
seven seven four twenty four twenty four. This is the
David Carrier Show.
Speaker 2 (21:39):
Wellcome back to the David Carrier Show. I'm David Carrier,
your family's personal attorney. Now's the time, give us a call.
Sixty one six seven seven four twenty four twenty four.
That's sixty one six seven seven four twenty four twenty four,
kind of recapping a little bit. I get I get
pushback all the time. Oh, you know, you're talking about
(22:00):
long term care and I don't care about long term care.
I just don't want to leave a mess. Well, I
get it. The problem is you're gonna leave a mess
if you don't worry about long term care. It's just
kind of the way it is. If you don't focus
on you, how can you take care of anything else?
I say, you can't. And see, everybody gets Social Security,
(22:24):
everybody gets Medicare, right, everybody understands that. That's what I mean.
I say gets it practically everybody gets it but receives it.
But those aren't hard to understand, and those are immediate
needs that people have for decades after they retire. This
is why it's impossible for anybody to reform or cut
(22:49):
or significantly change Social Security or Medicare. It's pretty much
frozen in, frozen in the ice right now, okay, because
any change is going to impact lots of folks immediately,
lots of middle class folks, folks who counted on those
(23:10):
programs to be there. And so that's why I say
they're going to be there. They're going to be there
because you know, if you want to argue about new bombers,
or you want to argue about I don't know anything
else the government does that doesn't strike close to home
as as the Social Security or Medicare, and so security
(23:30):
and Medicare are there so there's income, so that there
is immediate healthcare, immediate need. You have access the very
finest hospitals, nursing, all the nursing and everything else in
the world right through Medicare. You did it when you
were working, right through your employer sponsored health insurance, and
(23:51):
now it's Medicare. That's how that works. But there's a
third thing that most older people need. Corner and National
Institute of Health, right, seventy percent of folks will need
on average, three years of care. Now a lot of
that's at home care. It's not all nursing home care,
but nursing home care is in the cards for an
awful lot of folks. And this is what's breaking the
(24:13):
middle class because guess what, fellow boomers. I hate fellow boomers.
You know, there's a lot of us, and we didn't
have nearly as many kids as our parents did. And
put those two facts together, and what you've got is
a skyrocketing demand for care. If you look at nurses,
(24:35):
you know the way the whole nursing profession's going. MSU
doesn't have enough teachers to crank out as many nurses
as it would like. Think about that it's not just
the shortage of nurses. It's like we can't even fix
the nursing shortage because we can't find enough people to
teach the nurses. Now that just came out last week.
(24:58):
And what is it paid be a nurse? Right, it's
it's like, I don't know, is that ninety or a
hundred thousand dollars a year to be a nurse? Private
you think, oh, well, we'll have a nurse come in
and look after mom. No you won't. Not at one
hundred bucks an hour, you won't. And that's what it costs,
which is oh big, Well that's one hour, right, whereas
(25:20):
at a nursing home, boy, that's relative bargain. It's only
six hundred dollars and you get them for a whole day. Wow,
that's that wonderful. Of course they get eighteen other people
that'll be concerned about and all that. Or or you say,
oh well we're not going to go with that expensive nurse.
Oh no, we're gonna save money. We'll be paying forty
bucks an hour, you know for somebody who went through
(25:43):
the training course who isn't a nurse. But you know,
it's sort of an aid kind of kind of person.
That's what that's what this stuff costs these days, okay.
And then the question is how are you going to
pay for it? And the answer is don't know. The
answer is you're going to sell everything, You're going to
go broke. And when you finally go broke, what's their Medicaid?
(26:06):
That's at the end, that's the end of the rainbow,
is medicaid when you're broke. Well, what if you don't
have to be broke? Right? What if you could get
the Medicaid like you get Social Security, like you got medicare?
What if you could get it without going broke? And
that's what I've been doing for the last thirty years
is trying to convince you, faithful listeners, all right, that
(26:31):
not only does it work, it can work for you.
And if you plan ahead, you know how, I don't
even understand how this is problematic, Right, If you plan ahead,
things work out better. Things always work out better. But
that's not what people are worried about. People are worried
about avoiding probate, saving taxes, getting to the kids. I
(26:53):
understand that. I understand that you don't want to leave
a mess, you don't want to be remembered as a
pathetic loser. I get it, one hundred percent. But what's
more loserish than going broke after you worked and you
saved and you did all the good things. Help me
out with this, because I am not understanding. I am
(27:14):
not understanding how it's okay for you to take Social Security.
It's okay for you to take Medicare, but it's not
okay to take the other program that you're paid for,
which pays for long term care. I don't just now
I understand why it is that way, Okay, because when
you get the benefit of Social Security, and it is
(27:34):
a benefit, huge benefit, right paid for it, I get it.
But it's still a benefit. You know, when you get
the benefit of Social Security or Medicare, you've got another
twenty years, fifteen, twenty years, maybe thirty years of voting. Okay,
you can hold their feet to the fire if they
screw with your medicaid, excuse me, if they screw with
(27:55):
your Medicare, if they mess around with Social Security, you
can hold them to a care out them being the
government officials who would do that, which is why they're
not going to do that. But it's very effective, which
is why they accuse each other of doing it all
the time. Different with the Medicaid, different with the long
term care. The fact that they make you impoverish yourself
(28:16):
and poverish your family, impoverish your spouse. Well, that's okay,
because guess what you're not going to Well, you'll still
be voting, you just won't know who you're voting for.
I just keep on filling out the forms at the
nursing homes for you. According to the news reports, apparently
it's pretty popular, you know, people going in there and
filling out report you know, you know, apparently nationally, nationally,
(28:39):
the voting rate at nursing homes went to one hundred
during the COVID It went from like twenty five percent
to one hundred percent. Ooh boy, how did that happen? Anyway,
the point is there's no meaningful retribution possible on the
politicians who screw with your medicaid. Right. If you want
(29:03):
to know what the government would do to you if
they could get away with it, look at what they
do to you on the Medicaid. Before you're entitled, before
you can receive what you're entitled to, before you can
receive what you're paid for, you got to get rid
of everything. You got to impoverish yourself. Why do you
really have to impoverish yourself? The answer is no, you don't, No,
(29:24):
you don't. It's like any other it's like taxes, like
anything else. If you know how the system works, right,
you can work the system. Oh that's terrible. Really, it's
terrible to take the mortgage interest deduction on your house. Right,
it's oh, here, let's give the government more money because
they're so smart about what they do with it. Right. Oh,
(29:46):
I don't want to, you know, I don't want any government. No, No,
don't defend my house. I don't. I never call the police,
the fire department or anything. Oh no, other people need
that more than I do. Okay, it's an attitude. But
that's the way that people that's the way that people
go broke. And it's a choice, right, I mean, the
(30:06):
whole long term care thing, it's a choice, and it's
very easy. It's very hard to deny that you need groceries,
or you might need some medical care. That's hard to deny. Right,
The long term care thing very easy to deny because
most people we still sweep it under the rug, we
still don't see it very often. But that's the only difference.
That's the only difference that there is. You have to
(30:28):
plan for it more, and when you do, it can
be very effective. And you don't have to actually impoverish yourself.
You don't have to leave your spouse in the lurch.
You don't have to leave a legacy of you know, oh,
you know, he worked his whole life and it all
went in the last year. It doesn't have to be
that way, right, Give us a call six one, six, seven, seven,
(30:50):
twenty four, twenty four. I'm David Carrier, your family's personal attorney.
Speaker 1 (30:57):
David's working and working and take your calls. Now. This
is the David Carrier Show.
Speaker 2 (31:05):
Wellcome back to the David Carrier Show. I'm David Carrier,
your family's personal attorney. You know, I feel the need
occasionally to sort of reset, and that's what we've been doing.
This first hour is kind of resetting on what's important,
what you should be planning for, what you should be
thinking about. And you don't think about it if you
don't want I say, should, well, don't do it if
(31:26):
you don't want to, that's fine by me, right, I mean,
you're the one who spent your life working for this stuff.
You're the one who paid for it. The fact that
you get no benefit from what you're paid for, all right,
you know who might have who might argue with it,
Do what you want. But but my experience has been
(31:47):
that most people when they find out what's what's going
on the way the thing, the way the thing actually works,
most people are not too pleased. And I would like
to do something about it. If that's you, come to
one of the Three Secrets workshop. It's not as bad
as you think. It's not as bad as you think.
It's worse. We'll let you know at the workshop exactly
(32:10):
what's going on. It's easy to sign up. Go to
the website Davidcarrier lag dot com and at davidcarrierlog dot com.
Come to one of our workshops. We're doing them in
all the offices, whether it's whether it's up in Norton Shores,
down in Portage, over in Holland, or of course at
the home office in Grand Rapids. That's where the workshops are.
(32:31):
You don't have you know a lot of people do
workshop once a month or once every other month, or
once a quarter or something like this when they need
the business, right, I mean that's what that's what people do.
We've been doing them for years now, decades, and we
do them much more frequently, put it that way, much
more frequently than most folks. And the reason for that is,
(32:54):
this is really about figuring out what it is, what's
actually going on, what it is you could do, what
it is you might want to do, right. We don't
want to make you wait for three months because we
need you know, we need revenue or something like that. Instead,
they tend to be smaller. I mean, so we're not talking.
You know, it's not one hundred people in the room,
(33:15):
but it is people who are very much tuned in
to making sure that they don't go broke, their spouse
doesn't go broke, that they get the benefits they're entitled to,
all that kind of thing. That's that's who are at
the It's regular folks, middle class folks who are at
the who are at these workshops. But that's why we
do them so often, and it is catching on. You know,
(33:35):
we mentioned before that we now have a partnership with
about fourteen law firms now in the partnership that's coast
to coast from San Diego to Staten Island. There are
folks who understand. See, it's very frustrating for some not
for everybody, and some people just like cranking the system
(33:56):
on the way you know, the bs that it's always bad. Fine,
who am I do it? It's customary. I mean, that's
the thing that drives me nuts. It's like customary customary.
Are you doing what everybody else is doing? Then you're good,
You're good. But it's failing people. It isn't working, It
doesn't actually preserve stuff, It leads to impoverishment. The current system,
(34:18):
in my opinion, is just it's just awful. It's horrible
what people get away with, what people wind up doing
right when they could be doing so much more to
preserve what they've got and mostly to preserve quality of
care for themselves, quality of care for their spouses, and
they're just not doing it because you got brainwashed into
this idea that if you take advantage of the programs
(34:43):
that you've paid for, that you're a bad person. It's like, what,
how did that work? I'm not understanding this. And especially
and then they'll say things like, oh, you know, if
you're you know, if your government is paying for it,
meaning if the taxpayers are paying for it, meaning if
you're paying for it through your you know, payroll deduction
(35:06):
at work, right, if you're paying for it through your taxes,
then it's only the bad nursing homes. It's every nursing
home with minor exceptions, you know, one or two here
and there. Facility doesn't take the Medicaid, right, they all
take the Medicaid And oh, but then I'll be I
(35:27):
have to go in a nursing home. No, you don't. Actually,
our most popular program, the one that we absolutely love,
is called pace. Pace is all inclusive care for the
elderly at home. Right. Most of our clients on the
Medicaid never go to a nursing facility because they don't
(35:49):
need it. Right. If you're caring for your spouse at
home twenty four to seven all the year round, that's
extremely wearing. That's not good for you. It's not good
for your spouse. Okay, you're not You're not providing the
level of care that they should get, and you're killing
yourself doing it. Well, what if there was a government program,
(36:12):
meaning a taxpayer program meaning I already paid for this
program that would come to the house do the personal hygiene,
lighthouse keeping even during the COVID. They did grocery shopping
and stuff, all right, and you already paid for it.
It doesn't cost you anymore to enjoy the benefits of
the program that you're already paid for. Oh yeah, that's
(36:35):
a bad idea. Huh right? Is it a bad idea?
Is it? Is it awful? Terrible that you should get
some benefit from what you're paid for. Isn't that the
way it's supposed to work? Maybe? Not who am I?
But PACE program. It's our it's our favorite program, and
it's especially good when we've got folks who are at
(36:57):
the beginning of the of the process. If you got
a spouse who recently received a diagnosis, right, things aren't
aren't that bad yet. You know, if you're in the
I can handle this mode, right, despite the fact that
spouse has dementia, that's the time to get involved with
the PACE because what they will do is they will
support you at home. You'll never get to the point
(37:20):
where you're absolutely at your wits end, frazzled, exhausted, exhausted,
financially exhausted, psychologically exhausted, physically. You don't get there, right,
You don't get there if you receive the benefits that
you've already paid for through a program like Pace, you
never have to get to because everybody all like, oh,
(37:41):
I don't want my supposed to go to nursing home.
I get it. But you know something, if you kill
yourself keeping them out of the nursing home, guess where
they go next? Often the nursing home, And it's well
forty five percent of the time it is the caregiver
dies first. It's the caregiver dies first. Well, wait a second,
how's at work? Then one? So that's why I'm saying,
(38:03):
reach out sooner rather than later. Right, don't let your
pride get in the way of the fact that you've
already earned earned benefits. All right, I mean I don't.
I don't even understand the pride thing, but they, but they,
you know, where's the pride in Social Security? Where's the
pride in Medicare? I paid for it, very obvious. I
paid for it. We get paid for this too. It's
(38:24):
just that it got your bamboozled to not asking for it.
It's uh, yeah, well it is the way it is,
and it's kind of sad, but it's out there, it's available.
I encourage you to give me you know. If you
don't believe me, that's wonderful. Give me a call. Sixty
one six seven seven four twenty four twenty four. Six
(38:45):
one six seven seven four twenty four twenty four. Tell
me how I'm wrong. I bet you I'm not. You're
listening to the David Carrier Show. I'm David Carrier, your
family's personal attorney.
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