1 00:00:05,160 --> 00:00:06,760 Speaker 1: Welcome to Money Making Conversations. 2 00:00:06,840 --> 00:00:08,600 Speaker 2: It's the show that she has the secrets of success 3 00:00:08,640 --> 00:00:12,160 Speaker 2: experience firsthand by Marketing and Brandon expert Rashan McDonald. I 4 00:00:12,240 --> 00:00:14,600 Speaker 2: will know he's giving me advice on many occasions. And 5 00:00:14,600 --> 00:00:16,840 Speaker 2: in case she didn't notice, I'm not broke. 6 00:00:17,360 --> 00:00:17,599 Speaker 1: You know. 7 00:00:17,680 --> 00:00:21,400 Speaker 2: He'll be interviewing celebrity CEOs, entrepreneurs and industry decision make 8 00:00:21,440 --> 00:00:23,320 Speaker 2: because it's what he likes to do, it's what he 9 00:00:23,480 --> 00:00:26,079 Speaker 2: likes to share. Now it's time to hear from my man, 10 00:00:26,600 --> 00:00:28,880 Speaker 2: Rashan McDonald money Making Conversations. 11 00:00:29,160 --> 00:00:32,239 Speaker 1: There we go right, This is Rashan McDonald. Thank you, 12 00:00:32,360 --> 00:00:35,000 Speaker 1: Thank you, thank you. I host this weekly Money Making 13 00:00:35,040 --> 00:00:38,800 Speaker 1: Conversations masterclass show. The interviews and information if this show 14 00:00:38,840 --> 00:00:41,760 Speaker 1: provides are for everyone. Like I always say, it's time 15 00:00:41,760 --> 00:00:44,280 Speaker 1: to stop reading other people's success stories and start living 16 00:00:44,600 --> 00:00:47,400 Speaker 1: your own. My first guest says, we get started here. 17 00:00:47,640 --> 00:00:50,800 Speaker 1: My first guest is attorney Cindy Nelson. She founded the 18 00:00:50,880 --> 00:00:53,920 Speaker 1: largest elder care law firm in the state of Georgia. 19 00:00:54,320 --> 00:00:57,880 Speaker 1: Her law firm is Nelson Elder Care Law. She's committed 20 00:00:57,920 --> 00:01:01,279 Speaker 1: to provide a compassionate legal guidance to help protect your assets, 21 00:01:01,560 --> 00:01:04,080 Speaker 1: your quality of life and your peace of mind at 22 00:01:04,120 --> 00:01:08,039 Speaker 1: every stage of life. They helped over five thousand families 23 00:01:08,080 --> 00:01:11,360 Speaker 1: prepared and plan for whatever curve balls life can bring 24 00:01:11,400 --> 00:01:14,400 Speaker 1: you as you age. That's important. That's why I brought 25 00:01:14,400 --> 00:01:16,640 Speaker 1: it on this show because a lot of people as 26 00:01:16,640 --> 00:01:19,360 Speaker 1: they get aged don't prepare and just get trapped and 27 00:01:19,360 --> 00:01:21,319 Speaker 1: get stuck out there, don't know where their money goes. 28 00:01:21,400 --> 00:01:23,840 Speaker 1: But the person I'm bringing on your show has been 29 00:01:24,080 --> 00:01:27,119 Speaker 1: honored as one of the top ten best attorneys by 30 00:01:27,120 --> 00:01:30,160 Speaker 1: the American Institution of Legal Counsel. Please welcome to Money 31 00:01:30,200 --> 00:01:33,640 Speaker 1: Making Conversation Master Class, Attorney Cindy Nelson. How you doing 32 00:01:33,680 --> 00:01:34,200 Speaker 1: an attorney? 33 00:01:35,319 --> 00:01:37,319 Speaker 3: I'm doing great? How are you pretty good? 34 00:01:37,360 --> 00:01:39,000 Speaker 1: First of all, thank you for taking the time to 35 00:01:39,000 --> 00:01:41,760 Speaker 1: come on my show, Money Making Conversation master Class. And 36 00:01:41,840 --> 00:01:45,080 Speaker 1: I want to get just started right off. How how 37 00:01:45,200 --> 00:01:48,840 Speaker 1: is aging as a woman different than aging as a man? 38 00:01:50,400 --> 00:01:52,800 Speaker 3: Oh man, That is a really good question, because I 39 00:01:52,800 --> 00:01:55,040 Speaker 3: don't think that a lot of us really think about that. 40 00:01:55,760 --> 00:01:59,080 Speaker 3: But if you look at the average income or median 41 00:01:59,280 --> 00:02:03,320 Speaker 3: income for people that are over sixty five, men usually 42 00:02:03,360 --> 00:02:06,800 Speaker 3: have twenty seven thousand dollars a year, A twenty three 43 00:02:06,840 --> 00:02:10,440 Speaker 3: hundred dollars a month, but as women, we have fifteen 44 00:02:10,600 --> 00:02:14,520 Speaker 3: thousand dollars a year or twelve hundred dollars a month, 45 00:02:15,400 --> 00:02:19,000 Speaker 3: So that's almost fifty five percent less than men. So 46 00:02:19,040 --> 00:02:21,640 Speaker 3: if you look at that, and then we all know 47 00:02:21,880 --> 00:02:26,120 Speaker 3: orizon right that men usually are married as we get older, 48 00:02:26,600 --> 00:02:30,240 Speaker 3: and a lot of us women are single. So if 49 00:02:30,280 --> 00:02:33,919 Speaker 3: you take the higher income and then make it to 50 00:02:34,160 --> 00:02:37,760 Speaker 3: income family, the cost of living and what you have 51 00:02:37,960 --> 00:02:40,440 Speaker 3: available is quite a bit different than if you're just 52 00:02:40,480 --> 00:02:41,359 Speaker 3: a single woman. 53 00:02:42,200 --> 00:02:44,799 Speaker 1: Well, you know, it's really it makes sense because of 54 00:02:44,840 --> 00:02:47,240 Speaker 1: the fact that we tend to just assume things. We 55 00:02:47,320 --> 00:02:50,359 Speaker 1: tend to stereotype values and income and all these things. 56 00:02:50,360 --> 00:02:51,639 Speaker 1: And that's one of the reasons I wanted to bring 57 00:02:51,680 --> 00:02:55,040 Speaker 1: you on the show, because we are in denial as 58 00:02:55,040 --> 00:02:57,440 Speaker 1: we get older, we don't want to tell people how 59 00:02:57,480 --> 00:03:01,160 Speaker 1: oh we are. We don't admit that shifting into another 60 00:03:01,160 --> 00:03:04,519 Speaker 1: phase of life is that does that create a problem. 61 00:03:04,560 --> 00:03:06,359 Speaker 1: Because you're in the legal profession, you know, you got 62 00:03:06,360 --> 00:03:08,480 Speaker 1: to have people tell you the truth in order to 63 00:03:08,480 --> 00:03:10,880 Speaker 1: help them out. What are the sum of the stereotypes 64 00:03:10,919 --> 00:03:13,400 Speaker 1: you hear on a regular basis, is people denying their 65 00:03:13,440 --> 00:03:16,120 Speaker 1: age a really big problem in your profession. 66 00:03:17,160 --> 00:03:21,080 Speaker 3: I think denying their age, but also denying that you know, 67 00:03:21,160 --> 00:03:23,200 Speaker 3: at some point in our life something is going to 68 00:03:23,280 --> 00:03:25,919 Speaker 3: happen to most of us. We're gonna get sick and 69 00:03:25,960 --> 00:03:29,840 Speaker 3: we're all gonna die, right we deny that. Our brain 70 00:03:30,040 --> 00:03:33,639 Speaker 3: is really a great mechanism to help us deny that. 71 00:03:34,440 --> 00:03:36,440 Speaker 3: So I think, yeah, a lot of us live in denial. 72 00:03:36,720 --> 00:03:39,640 Speaker 1: And I'd say that because you know, you know, when 73 00:03:39,640 --> 00:03:42,080 Speaker 1: I you know, I go through life, because life is 74 00:03:42,120 --> 00:03:44,040 Speaker 1: like I always tell people, you know, and I say this, 75 00:03:44,200 --> 00:03:46,440 Speaker 1: and I say this, not even joking, Institute, once you 76 00:03:46,520 --> 00:03:48,960 Speaker 1: hit fifty, you know you're on the downside. Let's go. 77 00:03:49,080 --> 00:03:53,040 Speaker 1: You know, only in the Bible do they live or forever? Okay, 78 00:03:53,720 --> 00:03:57,200 Speaker 1: really in reality, but I do. I do notice that 79 00:03:57,240 --> 00:03:59,360 Speaker 1: you see more and more people living in their natives. 80 00:03:59,440 --> 00:04:01,800 Speaker 1: Do you see more more people making that one hundred 81 00:04:01,880 --> 00:04:04,880 Speaker 1: birthday nowadays? So the quality of life and the way 82 00:04:04,920 --> 00:04:08,120 Speaker 1: we're eating and the way we're sustaining ourselves is extending 83 00:04:08,160 --> 00:04:11,240 Speaker 1: our life a lot more as we get older. But 84 00:04:11,360 --> 00:04:14,560 Speaker 1: the truth about how you plan for that? And so 85 00:04:14,920 --> 00:04:17,560 Speaker 1: when I had an opportunity that you wanted to bring 86 00:04:17,560 --> 00:04:19,560 Speaker 1: you on the show, it's like, how do you plan, 87 00:04:19,680 --> 00:04:22,800 Speaker 1: you know, because you're passionate about the state planning and 88 00:04:23,160 --> 00:04:27,120 Speaker 1: elder law, especially for women. Why is it especially for 89 00:04:27,160 --> 00:04:31,200 Speaker 1: women because you talked about the income issue and you know, 90 00:04:31,600 --> 00:04:35,719 Speaker 1: being on the average versus men. But why are you 91 00:04:35,800 --> 00:04:36,480 Speaker 1: so passionate? 92 00:04:38,240 --> 00:04:42,400 Speaker 3: Well, because as women, women live longer typically than men, 93 00:04:43,160 --> 00:04:46,839 Speaker 3: and so we're also the caregivers throughout our lives. We 94 00:04:47,120 --> 00:04:50,640 Speaker 3: are kind of in and out of the workforce and 95 00:04:50,839 --> 00:04:53,880 Speaker 3: that's our choice. But you know, we want to take 96 00:04:53,920 --> 00:04:56,400 Speaker 3: care of the children, or maybe we're taking care of 97 00:04:56,760 --> 00:05:01,440 Speaker 3: our parents or another family member. Gives us a different 98 00:05:02,200 --> 00:05:04,640 Speaker 3: I guess kind of parameters of the jobs that we 99 00:05:04,760 --> 00:05:08,440 Speaker 3: can take because we need that flexibility. So maybe we 100 00:05:08,480 --> 00:05:11,360 Speaker 3: can't take the highest profile jobs or the ones that 101 00:05:11,400 --> 00:05:15,919 Speaker 3: get the most benefits or money because we have this 102 00:05:16,080 --> 00:05:19,719 Speaker 3: other caring part of us that we really want to 103 00:05:20,640 --> 00:05:23,800 Speaker 3: be a part of our family's lives, right, So there's 104 00:05:23,800 --> 00:05:28,520 Speaker 3: a sacrifice there. And then the fact that we live longer, 105 00:05:28,680 --> 00:05:32,320 Speaker 3: so we might be taking care of a spouse, which 106 00:05:32,480 --> 00:05:35,200 Speaker 3: you're right, people do live longer as a whole, but 107 00:05:35,279 --> 00:05:39,760 Speaker 3: we don't live longer healthy, right, right, We actually have 108 00:05:39,880 --> 00:05:43,400 Speaker 3: quite a bit of illness which becomes very expensive. 109 00:05:43,760 --> 00:05:46,280 Speaker 1: You know because reason I bring this up when I'm 110 00:05:46,279 --> 00:05:49,240 Speaker 1: talking to you, Attorney Nelson, is that you know, we 111 00:05:49,279 --> 00:05:52,159 Speaker 1: see the billboards, we see the commercial you know, personal 112 00:05:52,360 --> 00:05:55,960 Speaker 1: injury law is everywhere. You know, you can't you can't 113 00:05:56,040 --> 00:05:58,599 Speaker 1: drive down a freeway in this country and I see 114 00:05:58,600 --> 00:06:04,080 Speaker 1: a personally injury boil bull. They are actually sponsoring TV 115 00:06:04,200 --> 00:06:06,880 Speaker 1: shows and radio shows. And I'm not saying anything negative 116 00:06:06,880 --> 00:06:09,040 Speaker 1: of that. You know, there's a part of I guess 117 00:06:09,040 --> 00:06:11,320 Speaker 1: there's a pot of goals in over there in personal injury. 118 00:06:11,720 --> 00:06:15,640 Speaker 1: Now you've chosen this form of elder care law. 119 00:06:16,000 --> 00:06:21,240 Speaker 3: Why I didn't know until I kind of stumbled into 120 00:06:21,320 --> 00:06:26,159 Speaker 3: this that we work our whole lives, we save money 121 00:06:26,600 --> 00:06:29,279 Speaker 3: with the idea that at some point we're going to 122 00:06:29,360 --> 00:06:32,600 Speaker 3: retire and have you know, a lot of fun our 123 00:06:32,640 --> 00:06:37,880 Speaker 3: golden years right right. In reality, what happens is a 124 00:06:37,920 --> 00:06:42,320 Speaker 3: lot of people get to retirement and they become ill. 125 00:06:42,680 --> 00:06:45,080 Speaker 3: They don't have as much time to have this fun, 126 00:06:46,000 --> 00:06:49,960 Speaker 3: and then the high cost of medical expenses and all 127 00:06:50,000 --> 00:06:53,520 Speaker 3: of the things that Medicare doesn't cover have to come 128 00:06:53,560 --> 00:06:57,560 Speaker 3: out of pocket, and a lot of people lose their 129 00:06:57,600 --> 00:07:01,920 Speaker 3: whole life savings paying for that care. So now, if 130 00:07:01,920 --> 00:07:04,880 Speaker 3: you bring back that you're a woman and you're going 131 00:07:04,960 --> 00:07:09,279 Speaker 3: to live longer than your spouse. Most likely you're going 132 00:07:09,360 --> 00:07:11,040 Speaker 3: to spend a lot of money and what's going to 133 00:07:11,040 --> 00:07:14,920 Speaker 3: be left for you. So I don't want people to 134 00:07:15,040 --> 00:07:18,320 Speaker 3: lose their whole life savings. I don't think any of 135 00:07:18,400 --> 00:07:21,200 Speaker 3: us decided that we were going to put money back, 136 00:07:21,320 --> 00:07:24,280 Speaker 3: not go on the best vacation or buy the best 137 00:07:24,280 --> 00:07:27,640 Speaker 3: clothes of furniture because we wanted to pay it for 138 00:07:27,800 --> 00:07:31,400 Speaker 3: medical bills later in life. None of us thought that 139 00:07:32,400 --> 00:07:34,120 Speaker 3: we thought we were going to have a great time, 140 00:07:34,480 --> 00:07:36,840 Speaker 3: but in reality that isn't what happens. 141 00:07:37,200 --> 00:07:37,480 Speaker 1: Wow. 142 00:07:37,520 --> 00:07:40,600 Speaker 3: And there are steps that we can all take to 143 00:07:40,800 --> 00:07:44,720 Speaker 3: protect our life savings, but most people don't know about it. 144 00:07:45,680 --> 00:07:47,560 Speaker 3: They don't have the information. 145 00:07:48,240 --> 00:07:50,840 Speaker 1: So you talked about those steps. Were you aware of 146 00:07:50,840 --> 00:07:52,840 Speaker 1: those steps? Can you give us you know, I want 147 00:07:52,840 --> 00:07:54,680 Speaker 1: people to come to your office, I want people to 148 00:07:54,680 --> 00:07:57,160 Speaker 1: go to your website or there steps of information you 149 00:07:57,200 --> 00:08:00,000 Speaker 1: can provide to us to let us know absolutely. 150 00:08:00,920 --> 00:08:04,920 Speaker 3: Yeah. One of them is a trust. And so if 151 00:08:04,960 --> 00:08:07,000 Speaker 3: you hear the word trust, you might be like I 152 00:08:07,160 --> 00:08:09,520 Speaker 3: was when I first heard the word trust. I thought 153 00:08:09,560 --> 00:08:13,120 Speaker 3: there were some trust fun children somewhere that got a 154 00:08:13,120 --> 00:08:16,640 Speaker 3: lot of money, and I didn't grow up in that environment, 155 00:08:16,760 --> 00:08:19,280 Speaker 3: so I didn't think I needed to know about it. 156 00:08:19,600 --> 00:08:23,800 Speaker 3: But in reality, wealthy people have been using trust for 157 00:08:23,920 --> 00:08:28,920 Speaker 3: many years to protect their assets and then your assets 158 00:08:28,960 --> 00:08:33,840 Speaker 3: one aren't taken for high hospital bills or if you 159 00:08:33,920 --> 00:08:36,160 Speaker 3: have to go to the nursing home. We're all afraid 160 00:08:36,200 --> 00:08:37,720 Speaker 3: if we go to the nursing home, we're going to 161 00:08:37,760 --> 00:08:40,520 Speaker 3: lose our house. Well, if you have the right kind 162 00:08:40,520 --> 00:08:42,440 Speaker 3: of trust, you're not going to lose your house. You 163 00:08:42,440 --> 00:08:45,480 Speaker 3: can protect it. So there's a lot of things that 164 00:08:45,520 --> 00:08:48,440 Speaker 3: you could do with a trust that will protect everything 165 00:08:48,480 --> 00:08:51,720 Speaker 3: you've been saving all of your life. Wow, well again 166 00:08:52,360 --> 00:08:53,520 Speaker 3: people don't know about it. 167 00:08:53,760 --> 00:08:56,040 Speaker 1: Could we have a phone call here? I know we're 168 00:08:56,040 --> 00:08:57,200 Speaker 1: about to go to the break. I want to make 169 00:08:57,240 --> 00:09:00,640 Speaker 1: sure because oh I didn't giving out the number attorneyayils 170 00:09:00,640 --> 00:09:03,840 Speaker 1: and people calling in. Okay, so we have Julie, Julie, 171 00:09:03,840 --> 00:09:05,640 Speaker 1: how are you doing? You have a question for Attorney 172 00:09:05,640 --> 00:09:08,400 Speaker 1: Nelson and you're only show money making conversation hosted about 173 00:09:08,440 --> 00:09:10,920 Speaker 1: me Ra Sean mcdun what's your question? Thank you for calling. 174 00:09:11,200 --> 00:09:12,640 Speaker 4: Yes, yes, good evening. 175 00:09:12,720 --> 00:09:16,840 Speaker 5: Oh my question was what does a living will exactly 176 00:09:16,920 --> 00:09:20,360 Speaker 5: protect in how difficult is it to get one? And 177 00:09:20,440 --> 00:09:23,280 Speaker 5: what's that process like? So I always hear about it. 178 00:09:24,160 --> 00:09:29,640 Speaker 3: The wonderful question a living will. It doesn't protect anything 179 00:09:29,720 --> 00:09:33,440 Speaker 3: except for your own decision making when you are in 180 00:09:33,600 --> 00:09:36,959 Speaker 3: the end of life. So with a living will, you 181 00:09:37,000 --> 00:09:39,320 Speaker 3: get to choose whether you want to be left on 182 00:09:39,400 --> 00:09:43,480 Speaker 3: life support or you want the plug to be pulled, 183 00:09:43,520 --> 00:09:47,280 Speaker 3: so to speak, or and terminate life support. If you 184 00:09:47,360 --> 00:09:52,040 Speaker 3: don't make that decision, then chances are that somebody else 185 00:09:52,160 --> 00:09:54,680 Speaker 3: is going to have to make that decision. But we 186 00:09:54,840 --> 00:09:58,200 Speaker 3: all know whether we want that or not. So it's 187 00:09:58,240 --> 00:10:00,920 Speaker 3: better if we make the decision that our loved ones 188 00:10:00,960 --> 00:10:03,560 Speaker 3: don't have to make it because they live with guilt 189 00:10:03,559 --> 00:10:05,280 Speaker 3: for a long time. If they have to make that 190 00:10:05,400 --> 00:10:09,120 Speaker 3: decision and we know what decision is going to be made, 191 00:10:09,679 --> 00:10:13,080 Speaker 3: they're very easy to get. Everybody over eighteen needs to 192 00:10:13,120 --> 00:10:13,720 Speaker 3: have one. 193 00:10:14,240 --> 00:10:17,120 Speaker 1: A living will. So a living will basically is what 194 00:10:17,200 --> 00:10:19,600 Speaker 1: it is, the title of living and the tie to 195 00:10:20,080 --> 00:10:22,800 Speaker 1: the decision you make if you've put in that situation, 196 00:10:22,880 --> 00:10:25,360 Speaker 1: where is life or death? And what are some of 197 00:10:25,400 --> 00:10:28,440 Speaker 1: the stipulations that I never I've heard of this, but 198 00:10:28,440 --> 00:10:30,360 Speaker 1: it's the first time I've heard it on my radio show, 199 00:10:30,600 --> 00:10:34,160 Speaker 1: or there's certain stipulations of flatlining I don't know, or 200 00:10:34,240 --> 00:10:37,120 Speaker 1: certain readings out on the monitor. The doctor has to 201 00:10:37,160 --> 00:10:39,480 Speaker 1: say that this is where it's ent to this point 202 00:10:39,520 --> 00:10:43,160 Speaker 1: that it applies it to the living will information. How 203 00:10:43,160 --> 00:10:43,800 Speaker 1: does that work? 204 00:10:44,760 --> 00:10:48,000 Speaker 3: And they could be written differently. Many attorneys all write 205 00:10:48,000 --> 00:10:50,840 Speaker 3: them different So the way that we like to write 206 00:10:50,920 --> 00:10:53,760 Speaker 3: them is that if you have a terminal illness with 207 00:10:53,840 --> 00:10:57,439 Speaker 3: no chance, no way of recovering, right, and there is 208 00:10:57,640 --> 00:11:02,040 Speaker 3: something that is keeping you up alive, do you want 209 00:11:02,120 --> 00:11:04,720 Speaker 3: that to keep you alive with no quality of life? 210 00:11:05,040 --> 00:11:07,800 Speaker 3: Or do you want your life to be terminated? But 211 00:11:07,880 --> 00:11:11,680 Speaker 3: in either situation, we don't want you to be in pain. 212 00:11:12,720 --> 00:11:18,000 Speaker 3: No pain. Then you could go with whichever way you decide. Okay, 213 00:11:18,400 --> 00:11:20,960 Speaker 3: So who makes the determination that you're terminal? 214 00:11:21,440 --> 00:11:21,560 Speaker 5: Right? 215 00:11:22,000 --> 00:11:26,640 Speaker 3: Doctors? Do doctors make that determination? They'll say, you know, 216 00:11:27,160 --> 00:11:30,920 Speaker 3: this is a terminal situation. There's probably no chance of recovery. 217 00:11:31,640 --> 00:11:34,439 Speaker 3: Or we want to do these additional tests but there 218 00:11:34,480 --> 00:11:37,480 Speaker 3: really isn't much of a chance of recovery. Do you 219 00:11:37,520 --> 00:11:39,840 Speaker 3: want to proceed with those tests? What do you want 220 00:11:39,880 --> 00:11:42,960 Speaker 3: to do? You can continue with treatment if you want, 221 00:11:43,320 --> 00:11:46,040 Speaker 3: but the quality of your life is going to deteriorate 222 00:11:46,240 --> 00:11:52,319 Speaker 3: and there's minimal chance of recovery. So if you're still competent, 223 00:11:52,800 --> 00:11:57,840 Speaker 3: you can make that decision. Otherwise, you've got this legal 224 00:11:57,960 --> 00:12:02,000 Speaker 3: document that you have our tailated. How you want that 225 00:12:02,120 --> 00:12:02,720 Speaker 3: to play out? 226 00:12:03,160 --> 00:12:06,320 Speaker 1: Cool? H Jolie, that did we ask you a question? 227 00:12:09,679 --> 00:12:09,839 Speaker 4: Yes? 228 00:12:11,000 --> 00:12:12,800 Speaker 5: I just assumed that it had something to do with 229 00:12:12,840 --> 00:12:14,880 Speaker 5: my assets as well, So that's great. Thanks you for 230 00:12:14,920 --> 00:12:15,800 Speaker 5: clarifying that. 231 00:12:16,120 --> 00:12:19,200 Speaker 1: Okay cool, Thank you for calling the Money Making Conversation masterclass. Uh, 232 00:12:19,840 --> 00:12:22,719 Speaker 1: thank you for asking that question so detailed. I want 233 00:12:22,760 --> 00:12:24,520 Speaker 1: to get back to the trust a little bit because 234 00:12:24,920 --> 00:12:28,439 Speaker 1: you were saying, use the word protection. Now when someone 235 00:12:28,480 --> 00:12:31,760 Speaker 1: has a trust, are you saying that if they had 236 00:12:31,840 --> 00:12:35,760 Speaker 1: tax issues, uh, their their their their, their quality of 237 00:12:35,800 --> 00:12:38,520 Speaker 1: life can be protected. That's that's in that trust. Can 238 00:12:38,559 --> 00:12:40,360 Speaker 1: you just expound on that a little bit more on 239 00:12:40,400 --> 00:12:40,880 Speaker 1: the trust? 240 00:12:41,960 --> 00:12:44,640 Speaker 3: Well, let me differentiate the tax issues, because you don't 241 00:12:44,679 --> 00:12:50,040 Speaker 3: want to mess with the I R S. If you 242 00:12:50,120 --> 00:12:52,760 Speaker 3: got tax issues, the I R S wins every time. 243 00:12:52,840 --> 00:12:55,760 Speaker 3: You need to take care of those. Okay, cool, But yeah, 244 00:12:55,800 --> 00:12:59,520 Speaker 3: a trust is like a legal wrapper around something that 245 00:12:59,559 --> 00:13:03,640 Speaker 3: you like a house that has some value. And with 246 00:13:03,760 --> 00:13:08,200 Speaker 3: that legal wrapper, whatever it is that you're trying to 247 00:13:08,240 --> 00:13:13,280 Speaker 3: protect it from. Maybe I get diagnosed with leukemia, I 248 00:13:13,400 --> 00:13:16,120 Speaker 3: go to the hospital and I run up a million 249 00:13:16,160 --> 00:13:19,920 Speaker 3: dollars worth of hospital bills, not unheard of, happens frequently, 250 00:13:20,440 --> 00:13:23,320 Speaker 3: But I don't have a million dollars. So if I 251 00:13:23,559 --> 00:13:27,920 Speaker 3: end up having to pay this million dollars in hospital bills, 252 00:13:28,520 --> 00:13:31,199 Speaker 3: then I'm probably going to lose my house and any 253 00:13:31,280 --> 00:13:33,480 Speaker 3: other investments that I have because I'm gonna have to 254 00:13:33,480 --> 00:13:37,000 Speaker 3: pay it to the hospital. But I have those investments 255 00:13:37,000 --> 00:13:42,599 Speaker 3: in an asset protection trust, then they can't touch it. 256 00:13:42,600 --> 00:13:46,120 Speaker 3: It's bulletproof. They can't come after it. 257 00:13:47,960 --> 00:13:51,640 Speaker 1: So yeah, it makes sense. You know, I've heard of 258 00:13:51,640 --> 00:13:54,320 Speaker 1: the word trust. But I'm just trying to make sure, 259 00:13:54,400 --> 00:13:56,679 Speaker 1: like you said, Rushan drop the tax issue if you 260 00:13:56,760 --> 00:13:58,760 Speaker 1: got some tax problems, so I won't mislead any of 261 00:13:58,760 --> 00:14:03,400 Speaker 1: my misstics the government. They are the bulletproof drops when 262 00:14:03,440 --> 00:14:05,600 Speaker 1: it comes to taxes in the government, that's what you're saying, 263 00:14:05,679 --> 00:14:10,439 Speaker 1: very clearly correct. Yes, But when it comes to lawsuits, 264 00:14:10,480 --> 00:14:15,400 Speaker 1: people trying to trying to regain your assets and basic lawsuits, 265 00:14:16,080 --> 00:14:18,320 Speaker 1: they then your assets can't be protected. 266 00:14:19,480 --> 00:14:21,280 Speaker 3: That's right. If you have the right kind of trust 267 00:14:21,960 --> 00:14:24,640 Speaker 3: your assets cannot be taken from you. 268 00:14:24,720 --> 00:14:25,280 Speaker 1: Okay. Cool. 269 00:14:25,360 --> 00:14:27,480 Speaker 3: For a lawsuit, Let's say I get into a car 270 00:14:27,520 --> 00:14:31,840 Speaker 3: accident and my insurance doesn't cover enough and somebody sues me. 271 00:14:32,480 --> 00:14:35,480 Speaker 3: I'm guessing this happens every day because we see all 272 00:14:35,520 --> 00:14:41,200 Speaker 3: these personal injury attorney billboards right right right. So if 273 00:14:41,240 --> 00:14:44,800 Speaker 3: I have those, let's say my house and some investments 274 00:14:44,840 --> 00:14:48,720 Speaker 3: and an asset protection trust, nobody can come after those. 275 00:14:49,000 --> 00:14:49,240 Speaker 4: Wow. 276 00:14:49,600 --> 00:14:51,120 Speaker 3: Cool, you can get them. 277 00:14:51,160 --> 00:14:53,320 Speaker 1: As we go to break, Attorne Nailson, can you tell 278 00:14:53,320 --> 00:14:54,360 Speaker 1: people how they can reach you? 279 00:14:55,720 --> 00:14:58,920 Speaker 3: Yes, so you can reach us at six seven eight 280 00:14:59,040 --> 00:15:01,440 Speaker 3: two five zero nine three five five. 281 00:15:02,640 --> 00:15:04,960 Speaker 1: Cool. We're right back with more Attorney Nelson as we 282 00:15:05,120 --> 00:15:10,000 Speaker 1: dive into family responsibility, less retirement, death, divorced legal documents, 283 00:15:10,120 --> 00:15:13,520 Speaker 1: protect life savings, all those things. If you want to listen, 284 00:15:14,120 --> 00:15:16,440 Speaker 1: hang in there, because this is the advice that as 285 00:15:16,480 --> 00:15:18,640 Speaker 1: you were older, this is going to happen. Like she said, 286 00:15:18,960 --> 00:15:21,000 Speaker 1: a living will you should have soon as you turned 287 00:15:21,040 --> 00:15:23,240 Speaker 1: the age of eighteen. We were right back with more 288 00:15:23,280 --> 00:15:27,240 Speaker 1: money making conversation with my guests, Attorney Cindy Nelson. 289 00:15:35,920 --> 00:15:39,520 Speaker 6: We'll be right back with more money making conversations. Masterclass 290 00:15:39,520 --> 00:15:44,280 Speaker 6: with Rashaan McDonald. You are now tuned into the Money 291 00:15:44,280 --> 00:15:48,120 Speaker 6: Making Conversations Minute of Inspiration with Rashawn McDonald. 292 00:15:48,320 --> 00:15:51,000 Speaker 7: Maria Taylor is the host of NBA Countdown is the 293 00:15:51,040 --> 00:15:54,120 Speaker 7: first African American woman to co host College Game Day 294 00:15:54,160 --> 00:15:57,440 Speaker 7: on ESPN by setting goals, and she won't allow people 295 00:15:57,480 --> 00:16:00,000 Speaker 7: to stereotype her a pigeon whole her dream. 296 00:16:00,520 --> 00:16:03,760 Speaker 5: Yeah, that's funny. When I was in school, I told 297 00:16:03,800 --> 00:16:05,960 Speaker 5: my professors, Hey, I want to work in sports broadcasts, 298 00:16:05,960 --> 00:16:07,640 Speaker 5: and they're like, great, you'll never make any money and 299 00:16:07,680 --> 00:16:10,040 Speaker 5: you'll never get a job. It doesn't exist. And now 300 00:16:10,120 --> 00:16:13,320 Speaker 5: the University of Georgia has a sports journalism certificate program. 301 00:16:13,360 --> 00:16:16,080 Speaker 5: It'll probably become a degree, and it's just changed so much. 302 00:16:16,160 --> 00:16:18,800 Speaker 5: But for me, that's how I learned to compete with 303 00:16:19,040 --> 00:16:22,240 Speaker 5: on a court, Like you're always competing against yourself, Like 304 00:16:22,280 --> 00:16:24,600 Speaker 5: it wasn't even always about the person that you're growing 305 00:16:24,680 --> 00:16:27,560 Speaker 5: up against. It's like, how can I get better every 306 00:16:27,560 --> 00:16:30,880 Speaker 5: single day? And I've really been a perfectionist, but I 307 00:16:30,920 --> 00:16:33,480 Speaker 5: think that evolved definitely on the court because I always 308 00:16:33,480 --> 00:16:35,360 Speaker 5: wanted to put my best performance forward. 309 00:16:35,440 --> 00:16:35,720 Speaker 1: Carea. 310 00:16:35,800 --> 00:16:40,240 Speaker 7: Taylor's full interview is available at Moneymakingconversations dot com. 311 00:16:40,440 --> 00:16:43,880 Speaker 1: Keep winning. HBCUs represent lack excellence. 312 00:16:44,000 --> 00:16:47,200 Speaker 8: If you attend or are an alumnus of an HBCU, 313 00:16:47,400 --> 00:16:51,040 Speaker 8: we want to hear about your story. My HBCU Story 314 00:16:51,120 --> 00:16:55,240 Speaker 8: Digital Library will allow current HBCU students and alumni to 315 00:16:55,320 --> 00:16:59,880 Speaker 8: share their stories. More information is available at HBCU College Day. 316 00:17:00,680 --> 00:17:03,240 Speaker 8: You can upload a photo. The photo can be recent 317 00:17:03,520 --> 00:17:07,199 Speaker 8: or from when you attended your HBCU. More information is 318 00:17:07,240 --> 00:17:11,399 Speaker 8: available at HBCU College day dot com. 319 00:17:11,480 --> 00:17:16,480 Speaker 6: Now let's return to Money Making Conversations Masterclass with Rashaan McDonald. 320 00:17:16,840 --> 00:17:20,239 Speaker 1: My guess is Attorney Cindy Nelson. Harve Law firm is 321 00:17:20,280 --> 00:17:22,960 Speaker 1: Nelson Elder Care Law. And when you talk about the 322 00:17:23,000 --> 00:17:25,960 Speaker 1: state planning, you talk about aging. You know, we tend 323 00:17:25,960 --> 00:17:30,359 Speaker 1: to run from that Attorney Nelson. Sometimes we joke about it. 324 00:17:30,560 --> 00:17:33,840 Speaker 1: I won't tell about my age. But it's also by planning, 325 00:17:33,920 --> 00:17:36,199 Speaker 1: you know, you know you have to plan. You know, 326 00:17:36,280 --> 00:17:38,920 Speaker 1: this is the ultimate exit plan, you know at when 327 00:17:38,920 --> 00:17:42,240 Speaker 1: we die or we prepared to die. As you as 328 00:17:42,280 --> 00:17:45,720 Speaker 1: you sit down with clients, can you just just go 329 00:17:45,800 --> 00:17:50,239 Speaker 1: through the process or maybe give some advice to my 330 00:17:50,560 --> 00:17:54,040 Speaker 1: listeners about the dudes and don'ts as you age? 331 00:17:56,520 --> 00:17:59,320 Speaker 3: Well, so the process for us is that we sit 332 00:17:59,400 --> 00:18:02,000 Speaker 3: down and we really want to get to know the 333 00:18:02,040 --> 00:18:04,040 Speaker 3: person that's going to be our client. We want to 334 00:18:04,119 --> 00:18:09,600 Speaker 3: understand their family dynamics, their financials, their health, what's going 335 00:18:09,600 --> 00:18:11,800 Speaker 3: on in their life, what's important to them, because we 336 00:18:11,880 --> 00:18:14,320 Speaker 3: all have different things that are important to us as 337 00:18:14,320 --> 00:18:17,879 Speaker 3: we go through the aging process, and mine might be 338 00:18:18,160 --> 00:18:21,080 Speaker 3: that I want to make sure that life is easy 339 00:18:21,160 --> 00:18:24,240 Speaker 3: on my kids, or it might be that I want 340 00:18:24,240 --> 00:18:27,240 Speaker 3: to have the most fun possible before I exit this world, 341 00:18:27,800 --> 00:18:30,439 Speaker 3: or maybe I want to avoid probate court because we 342 00:18:30,560 --> 00:18:34,080 Speaker 3: know most of us know that's a really horrible process 343 00:18:34,080 --> 00:18:36,760 Speaker 3: to go through and it's expensive. So we try to 344 00:18:36,760 --> 00:18:40,080 Speaker 3: find out what's important and then look for the right solution. 345 00:18:40,760 --> 00:18:44,200 Speaker 3: But the solution is to have a plan. You need 346 00:18:44,200 --> 00:18:48,320 Speaker 3: to plan for incapacity. The chances are all of us 347 00:18:48,400 --> 00:18:51,080 Speaker 3: are going to have a period of incapacity, and that 348 00:18:51,119 --> 00:18:54,160 Speaker 3: could happen at any age. We could have a car 349 00:18:54,200 --> 00:18:58,720 Speaker 3: accident and be incapacitated for a period of time. If 350 00:18:58,720 --> 00:19:01,320 Speaker 3: that happens, and you don't have the right legal tools 351 00:19:01,320 --> 00:19:06,480 Speaker 3: in place, nobody can make financial or medical decisions for you. 352 00:19:07,280 --> 00:19:10,119 Speaker 3: So these are things, even when you're alive, that you 353 00:19:10,240 --> 00:19:12,840 Speaker 3: need to have and that living will that we talked about. 354 00:19:13,560 --> 00:19:17,440 Speaker 3: But then when you pass, the last will is really important. 355 00:19:17,720 --> 00:19:20,720 Speaker 3: What do you want to have happened to your stuff? 356 00:19:21,520 --> 00:19:24,640 Speaker 3: And who's going to be responsible for making sure your 357 00:19:24,640 --> 00:19:28,760 Speaker 3: wishes are followed? And if you have a trust, your 358 00:19:28,800 --> 00:19:32,840 Speaker 3: will actually makes everything go through the trust, so you 359 00:19:32,880 --> 00:19:37,320 Speaker 3: can avoid going through probate court again. Probate court takes 360 00:19:37,359 --> 00:19:40,480 Speaker 3: several months in the state of Georgia, and it costs 361 00:19:40,480 --> 00:19:42,800 Speaker 3: a lot of time. Plus you have to pay an 362 00:19:42,800 --> 00:19:45,199 Speaker 3: attorney or you've got to do it yourself. You got 363 00:19:45,280 --> 00:19:48,520 Speaker 3: court fees, So we want you to avoid all of 364 00:19:48,600 --> 00:19:52,120 Speaker 3: that stress. It's really not you, I guess it's your family. 365 00:19:52,560 --> 00:19:55,359 Speaker 3: We don't want to put them through that, and we 366 00:19:55,400 --> 00:19:58,159 Speaker 3: want to make things as easy as possible on you 367 00:19:58,240 --> 00:20:02,600 Speaker 3: while you're alive, but also your family after you leave. Wow, 368 00:20:02,840 --> 00:20:04,040 Speaker 3: did that answer your question? 369 00:20:04,280 --> 00:20:07,119 Speaker 1: It did because of the fact that when we go 370 00:20:07,200 --> 00:20:10,520 Speaker 1: through life. You know, I can go through my life 371 00:20:10,520 --> 00:20:12,960 Speaker 1: because I'm over sixty. You know, I remember when you're 372 00:20:12,960 --> 00:20:16,160 Speaker 1: eighteen eighteen years old, you don't see thirty. When you're thirty, 373 00:20:16,200 --> 00:20:18,080 Speaker 1: you don't see fifty. You know, when you're forty, you 374 00:20:18,119 --> 00:20:20,960 Speaker 1: don't see sixty five. And when you get to sixty five, 375 00:20:21,400 --> 00:20:23,760 Speaker 1: you know they tell you about a retirement check that 376 00:20:23,840 --> 00:20:26,879 Speaker 1: when you see the retirement check, you go, who's going 377 00:20:26,920 --> 00:20:29,840 Speaker 1: to live off this check? And so and so the 378 00:20:29,960 --> 00:20:33,480 Speaker 1: economics of all that average income and working years and 379 00:20:33,520 --> 00:20:36,040 Speaker 1: family responsibility of what we're talking about. What do you 380 00:20:36,119 --> 00:20:38,879 Speaker 1: do now? I have to ask this honest question. You know, 381 00:20:39,359 --> 00:20:43,600 Speaker 1: we have struggling situations financial for people. How because you 382 00:20:43,680 --> 00:20:46,720 Speaker 1: have to come to you as an attorney, one has 383 00:20:46,760 --> 00:20:49,120 Speaker 1: to have some form of income to be able to 384 00:20:49,320 --> 00:20:53,880 Speaker 1: give your services. Do you provide any services or recommendations 385 00:20:53,880 --> 00:20:57,560 Speaker 1: to different senior citizen homes or any places that anybody 386 00:20:57,600 --> 00:21:01,680 Speaker 1: can go to get care that you can recommend because 387 00:21:01,720 --> 00:21:04,280 Speaker 1: in the end on my show, you know your information 388 00:21:04,359 --> 00:21:07,080 Speaker 1: is fantastic. I love to invite you back on, but 389 00:21:07,119 --> 00:21:09,879 Speaker 1: we also have people who can't even afford this conversation. 390 00:21:11,080 --> 00:21:15,280 Speaker 3: Absolutely yes, and so for one, there's a lot of 391 00:21:15,320 --> 00:21:20,000 Speaker 3: different organizations, but Georgia does not take very good care 392 00:21:20,520 --> 00:21:24,199 Speaker 3: of our senior citizens. So if you are in a 393 00:21:24,359 --> 00:21:26,440 Speaker 3: very bad way and you need care and you want 394 00:21:26,480 --> 00:21:29,880 Speaker 3: to stay at home, then there are the area agencies 395 00:21:29,920 --> 00:21:34,000 Speaker 3: on aging that can help seniors to qualify for meals 396 00:21:34,040 --> 00:21:38,080 Speaker 3: on wheels and also even some what they call waiver 397 00:21:38,280 --> 00:21:42,199 Speaker 3: programs that will give you Medicaid help at home. The 398 00:21:42,359 --> 00:21:45,879 Speaker 3: veterans have some benefits. They're hard to get, you know. 399 00:21:45,960 --> 00:21:48,800 Speaker 3: Both of these are going through the government, so it's difficult, 400 00:21:49,240 --> 00:21:52,959 Speaker 3: but they are achievable. And even if you don't have 401 00:21:53,040 --> 00:21:57,000 Speaker 3: these legal tools, there is a legal aid for Georgia 402 00:21:57,400 --> 00:21:59,879 Speaker 3: that you can contact to get some of the basic 403 00:22:00,080 --> 00:22:03,320 Speaker 3: tools that you need so that someone can make decisions 404 00:22:03,320 --> 00:22:04,120 Speaker 3: on your behalf. 405 00:22:05,119 --> 00:22:09,080 Speaker 1: Wow. You know, as we get older, like you said earlier, 406 00:22:09,119 --> 00:22:12,360 Speaker 1: he was talking about women and income or you know, 407 00:22:12,800 --> 00:22:15,920 Speaker 1: men have make more money. Men are mostly married as 408 00:22:15,920 --> 00:22:18,119 Speaker 1: they get older. Women are mostly single or as they 409 00:22:18,119 --> 00:22:21,160 Speaker 1: get older, So that big thing is depth and divorce. 410 00:22:21,680 --> 00:22:25,080 Speaker 1: There are people who are still in relationships, may not 411 00:22:25,119 --> 00:22:29,080 Speaker 1: be a loving relationship, but want to maintain that income 412 00:22:29,640 --> 00:22:33,040 Speaker 1: and moving forward, protect their assets. We talked about living 413 00:22:33,040 --> 00:22:35,360 Speaker 1: with We talked about the states in the end, as 414 00:22:35,359 --> 00:22:37,320 Speaker 1: we get closer to death. And I'm not trying to 415 00:22:37,320 --> 00:22:38,879 Speaker 1: turn this into a dark interview, but this is an 416 00:22:38,880 --> 00:22:40,879 Speaker 1: honest interview. And that's why I wanted to bring you 417 00:22:40,920 --> 00:22:42,560 Speaker 1: on the show because a lot of people just drive 418 00:22:42,640 --> 00:22:46,280 Speaker 1: around ignoring and praying to God, and it's what that's 419 00:22:46,320 --> 00:22:48,760 Speaker 1: part of the process. But the reality is you're going 420 00:22:48,800 --> 00:22:51,400 Speaker 1: to get older and eventually we all are going to 421 00:22:51,440 --> 00:22:55,600 Speaker 1: pass away. How does one protect themselves overall with the 422 00:22:55,680 --> 00:22:58,280 Speaker 1: assets if they're in the process of getting a divorce, 423 00:22:59,000 --> 00:23:02,879 Speaker 1: or does one continue to commingle those assets so they 424 00:23:02,880 --> 00:23:04,080 Speaker 1: can live happily ever after. 425 00:23:06,240 --> 00:23:08,480 Speaker 3: Well, whether you're going to get divorced or live happily 426 00:23:08,600 --> 00:23:12,280 Speaker 3: ever after, And certainly outside of my fear of knowledge, 427 00:23:15,960 --> 00:23:19,720 Speaker 3: but I will say that there again, you can use 428 00:23:19,720 --> 00:23:23,520 Speaker 3: a trust to protect some of your ass against a divorce. 429 00:23:23,640 --> 00:23:25,440 Speaker 1: You know, I just went the abbey on you there 430 00:23:25,520 --> 00:23:31,720 Speaker 1: right there, you know, because your reality is that people 431 00:23:31,760 --> 00:23:33,680 Speaker 1: are interested. I have another caller if you have time. 432 00:23:33,680 --> 00:23:35,360 Speaker 1: We're about to wrap up this interview, but I want 433 00:23:35,400 --> 00:23:37,640 Speaker 1: to get this one caller in George. How you doing 434 00:23:37,680 --> 00:23:41,199 Speaker 1: this is a Rushaan McDonald, you're talking to attorney Cindy Nelson. 435 00:23:41,200 --> 00:23:43,240 Speaker 1: What is your question? And welcome to Money Making Conversation 436 00:23:43,320 --> 00:23:44,119 Speaker 1: master Class. 437 00:23:45,359 --> 00:23:48,439 Speaker 4: I was wanting to know that my father's being up 438 00:23:48,480 --> 00:23:52,800 Speaker 4: an age. How can someone with a home legally receive 439 00:23:52,920 --> 00:23:55,399 Speaker 4: free nursing care because I don't want to send them 440 00:23:55,400 --> 00:23:56,959 Speaker 4: to a home or anything. But I would like to 441 00:23:56,960 --> 00:23:59,600 Speaker 4: have somebody around the check on is there a way 442 00:23:59,600 --> 00:23:59,959 Speaker 4: to do that? 443 00:24:00,240 --> 00:24:00,720 Speaker 1: Did you a. 444 00:24:00,760 --> 00:24:05,400 Speaker 3: Question, Attorney Knowson, I did, yes, And so that's exactly 445 00:24:05,560 --> 00:24:07,920 Speaker 3: the kind of thing that we can help with. All 446 00:24:07,960 --> 00:24:11,240 Speaker 3: of us are afraid that we're not going to qualify 447 00:24:11,320 --> 00:24:14,960 Speaker 3: for government benefits like medicaid to come help at the home, 448 00:24:15,040 --> 00:24:19,280 Speaker 3: et cetera, if we own a home, because we've all 449 00:24:19,400 --> 00:24:23,879 Speaker 3: heard the information out on the street that if we 450 00:24:23,960 --> 00:24:27,159 Speaker 3: own a home and we get care, they're going to 451 00:24:27,160 --> 00:24:31,040 Speaker 3: come and take our house. And that's not necessarily true, 452 00:24:31,640 --> 00:24:35,639 Speaker 3: because again, a trust can be this legal wrapper and 453 00:24:35,800 --> 00:24:39,320 Speaker 3: protect your house so that it doesn't go to the government. 454 00:24:39,920 --> 00:24:43,240 Speaker 3: Planning in advance is a beautiful thing, So don't wait 455 00:24:43,359 --> 00:24:46,680 Speaker 3: until the last minute, because medicaid does have what they 456 00:24:46,720 --> 00:24:50,240 Speaker 3: call a five year look back period, and that just 457 00:24:50,359 --> 00:24:53,640 Speaker 3: means that they look back to see if you've given 458 00:24:53,720 --> 00:24:56,760 Speaker 3: anything away in five years. So you want to do 459 00:24:56,840 --> 00:24:59,760 Speaker 3: this before you get to the point really that you're 460 00:24:59,800 --> 00:25:03,280 Speaker 3: dea that is in. But it's never too late to 461 00:25:03,400 --> 00:25:08,359 Speaker 3: get some help that could help at least some, if 462 00:25:08,440 --> 00:25:13,360 Speaker 3: not completely, protect his house. Right, did that answer for you. 463 00:25:13,359 --> 00:25:16,399 Speaker 1: George, George? Oh, George, you know he was he was 464 00:25:16,440 --> 00:25:18,480 Speaker 1: grappling with his voice. We had let him go before 465 00:25:18,480 --> 00:25:21,240 Speaker 1: he just asked another question. But the question he did ask, 466 00:25:21,280 --> 00:25:23,439 Speaker 1: if he was able to understand, was great because as 467 00:25:23,480 --> 00:25:25,600 Speaker 1: we wrap up the interview, tell us one more time 468 00:25:25,600 --> 00:25:27,520 Speaker 1: how to reach out to you and how do you 469 00:25:28,440 --> 00:25:31,679 Speaker 1: again someone that want somebody called in? How do you 470 00:25:31,720 --> 00:25:33,320 Speaker 1: set up a trust? As we wrap up, do we 471 00:25:33,359 --> 00:25:35,960 Speaker 1: get that question out clearly? If not, please say it 472 00:25:36,000 --> 00:25:37,679 Speaker 1: and then give us some information on how we can 473 00:25:37,720 --> 00:25:38,280 Speaker 1: reach out to you. 474 00:25:39,400 --> 00:25:41,400 Speaker 3: Yeah, to get a trust set up right, you are 475 00:25:41,440 --> 00:25:44,120 Speaker 3: going to need to use an attorney because otherwise it's 476 00:25:44,160 --> 00:25:46,320 Speaker 3: not going to work right, and you don't want to 477 00:25:46,320 --> 00:25:48,680 Speaker 3: put something together that isn't going to work. You can 478 00:25:48,720 --> 00:25:51,120 Speaker 3: get in touch with us at six seven eight two 479 00:25:51,160 --> 00:25:56,360 Speaker 3: five zero nine three five five or a nelsoneldercarelaw dot com. 480 00:25:56,640 --> 00:26:00,040 Speaker 1: Well, thank you for taking the time. And again we 481 00:26:00,080 --> 00:26:03,000 Speaker 1: haven't see any billboards on the freeway for you there, 482 00:26:03,280 --> 00:26:05,600 Speaker 1: Attorney Nelson, that you just want the low key people, 483 00:26:05,640 --> 00:26:08,840 Speaker 1: you know, because the bill boys everywhere. You know, Bigger 484 00:26:08,920 --> 00:26:11,360 Speaker 1: is better. We got a strong arm or the lull. 485 00:26:11,560 --> 00:26:14,920 Speaker 1: We got everything out there, and you're out there protecting 486 00:26:14,960 --> 00:26:17,360 Speaker 1: people who need the protection. I really appreciate you coming 487 00:26:17,400 --> 00:26:19,920 Speaker 1: on the show and at least having an honest conversation 488 00:26:20,000 --> 00:26:23,400 Speaker 1: to my listeners about aging and the responsibility of protecting 489 00:26:23,400 --> 00:26:26,240 Speaker 1: your protecting your assets. Please come back on the show. 490 00:26:27,160 --> 00:26:29,240 Speaker 3: That's been my pleasure. Thank you so much for having 491 00:26:29,280 --> 00:26:29,720 Speaker 3: me Rashan. 492 00:26:30,040 --> 00:26:33,480 Speaker 1: Thank you. That's the attorney Cindy Nelson of the Nelson 493 00:26:33,600 --> 00:26:34,560 Speaker 1: Elder Law Care. 494 00:26:37,000 --> 00:26:40,119 Speaker 6: Let me tell you about the host of Money Making Conversations, 495 00:26:40,280 --> 00:26:44,120 Speaker 6: Rushan McDonald. Rushan's a two time Emmy Award winner, three 496 00:26:44,200 --> 00:26:48,879 Speaker 6: time naacp Immage Award winner, sitcom writer, stand up comic, 497 00:26:49,080 --> 00:26:52,919 Speaker 6: and former IBM executive. Thank you for joining us for 498 00:26:53,000 --> 00:26:57,160 Speaker 6: this edition of Money Making Conversations Master Class. Money Making 499 00:26:57,240 --> 00:27:01,480 Speaker 6: Conversations Master Class with Rushan McDonald is produced by thirty 500 00:27:01,520 --> 00:27:05,480 Speaker 6: eight fifteen Media Inc. More information about thirty eight fifteen 501 00:27:05,560 --> 00:27:09,840 Speaker 6: Media Inc. Is available at thirty eight fifteen media dot com. 502 00:27:09,880 --> 00:27:12,560 Speaker 6: And always remember to lead with your gifts.