Estate Planning Can Protect Your Wealth From Obamacare
Have you considered that estate planning can protect your wealth from Obamacare?
What if everything you worked for in life, was handed over to the government the moment that you were about to give it to your heirs? Unfortunately this nightmare could be a reality if you don’t plan against it. Obamacare has expanded Medicaid, and has made it possible for millions more people to sign up for it.
Estate Surprise
Many are shocked to find that their estates, and their heirs can be held liable for the costs of their healthcare. However those who engage in estate planning can prevent this outcome. There is a tendency to wait when it comes to financial planning and wealth preservation. This is common and understandable.
Wealth and the Future
Nobody wants to think about the worst “what ifs”, but preserving wealth for future generations is one of the most rewarding undertakings we can enjoy. We can pass along the means, legacy and family credo for generations to come. If it is done correctly. Learn more about estate planning in our reading room.
We hope you found this article about “Estate Planning Can Protect Your Wealth From Obamacare” helpful. If you have questions or need expert tax or family office advice that’s refreshingly objective (we never sell investments), please contact us or visit our Family office page or our website at www.GROCO.com. Unfortunately, we no longer give advice to other tax professionals gratis.
To receive our free newsletter, contact us here.
Subscribe our YouTube Channel for more updates.
Alan Olsen, is the Host of the American Dreams Show and the Managing Partner of GROCO.com. GROCO is a premier family office and tax advisory firm located in the San Francisco Bay area serving clients all over the world.
Alan L. Olsen, CPA, Wikipedia Bio
GROCO.com is a proud sponsor of The American Dreams Show.
The American Dreams show was the brainchild of Alan Olsen, CPA, MBA. It was originally created to fill a specific need; often inexperienced entrepreneurs lacked basic information about raising capital and how to successfully start a business.
Alan sincerely wanted to respond to the many requests from aspiring entrepreneurs asking for the information and introductions they needed. But he had to find a way to help in which his venture capital clients and friends would not mind.
The American Dreams show became the solution, first as a radio show and now with YouTube videos as well. Always respectful of interview guest’s time, he’s able to give access to individuals information and inspiration previously inaccessible to the first-time entrepreneurs who need it most.
They can listen to venture capitalists and successful business people explain first-hand, how they got to where they are, how to start a company, how to overcome challenges, how they see the future evolving, opportunities, work-life balance and so much more..
American Dreams discusses many topics from some of the world’s most successful individuals about their secrets to life’s success. Topics from guest have included:
Creating purpose in life / Building a foundation for their life / Solving problems / Finding fulfillment through philanthropy and service / Becoming self-reliant / Enhancing effective leadership / Balancing family and work…
MyPaths.com (Also sponsored by GROCO) provides free access to content and world-class entrepreneurs, influencers and thought leaders’ personal success stories. To help you find your path in life to true, sustainable success & happiness. It’s mission statement:
In an increasingly complex and difficult world, we hope to help you find your personal path in life and build a strong foundation by learning how others found success and happiness.
True and sustainable success and happiness are different for each one of us but possible, often despite significant challenges. Our mission at MyPaths.com is to provide resources and firsthand accounts of how others found their paths in life, so you can do the same.
Episode 22, Joe Manchin Blocks The Build Back Better Bill Again
In this episode we cover, how Joe Manchin blocks …
Episode 21: IRS Budget On Steroids!
In this episode we cover The New Retirement Bill, the Higher IRS Budget Proposal, the attempt to take away the “John Edwards” rule for S Corporations and other entities, Truckers and AB5. Tax Update with Ron · Episode 21 The IRS is Getting a Funding Increase Transcript: Hello and welcome. This is Ron…
The IRS is Getting a Funding Increase, Episode 21 with Ron Cohen
In This episode we cover The New Retirement Bill,…
Is The Warriors’ Risky Approach to The NBA Draft Too Cute?
Is the Warriors’ approach to the NBA draft crazy, are they trying to be too cute, or is there a method to their madness? For me, this question led to an epiphany as I considered their risky reach, selecting Patrick Baldwin Jr (PBJ) with their first round selection in the 2022 NBA draft. A player…