Newspaper Page Text
Special Pullout Section! Hometown^w
Th 4 easy
Oiodzm way to make
amazing meals!
4 t I < t"■ i w J&- A ® ■#;&, -X- .
■'.' |Hjg§psc
©2006 General Mills
Senior Citizens with Money in the Bank
Should Read This Before It's Too Late
If you have worked hard all your life and managed to
put away a nest egg, you might end up losing most of
your life savings because of a defect in Medicare.
If you or your spouse suddenly become ill and require
extended nursing home care...NO ONE will help you
with the nursing home bills. Medicare won’t and neither
will your health insurance. By law you are responsible for
the nursing home bills yourself. Only after you have used
up virtually all of your money, will Medicaid step in.
That's because Medicaid, like Welfare, only aids the poor.
By some estimates, the average couple's life savings can
be wiped out after only 13 weeks of nursing home care.
Rich people don’t have to worry because they can
afford super-expensive special nursing home insurance,
while the poor are taken care of by Medicaid.
Now that just doesn’t seem fair to working people with
a lifetime of hard-earned savings. The system they have
supported with tax dollars, seems to have forgotten them.
Savings intended to provide security in retirement, or help
for children, can quickly go up in smoke.
The fact is, if you don't know how to protect your
assets, here’s what can happen to you. By law, before
Medicaid will pay nursing home bills, you may have to
spend ull your countable assets except S2(XX) (or as low as
SISOO in some states). Countable assets mean not only
money in checking and savings accounts...but also any
funds in CD’s, IRA’s, Savings Bonds, Mutual Funds,
stocks, whole life insurance, annuities and other types of
investments, as well as most trust assets.
They can also take a vacation home or a second car. In
Family = M
Meal “ L—i W'
addition, (except for a small personal spending allowance
and a health insurance payment allowance) your entire
Social Security or pension check can be taken to cover
nursing home expenses. What’s more, if you are single or
widowed, you can even lose your house.
According to the federal law called the Spousal
Impoverishment Act, if one spouse requires extended
nursing home care, the healthy spouse can be forced to
surrender HALF of their combined countable assets. And
if you have a sizeable estate, they can legally take MORE
THAN HALF.
Is there anything you can do to stop this nightmare
from happening to you? Yes. You are protected by law and
can use several legal techniques to place your countable
(or vulnerable) assets into the uncountable (or protected)
category. The problem is, most people are not aware of
their legal rights. Unfortunately, most people think
Medicare will take care of them, so they unknowingly
leave their assets vulnerable and in jeopardy.
Your legal rights and the many methods of protecting
your money are now revealed in “How to Protect Your
Financial Security.” This financial self-defense manual
tells you simple legal procedures for preserving your
money and wants of pitfalls to avoid. Here is some of the
valuable material you leam:
• Legal ways to turn countable (or vulnerable) assets
into uncountable (or protected) assets
• How to protect your house from being sold to pay
your nursing home bills
• How to protect a second car or vacation home
MFR COUPON | EXPIRES 2/3/07
SAVE 35*
when you buy any flavor Box or Pouch
Betty Crocker® Potatoes (Except Potato Buds)
9
Votd if altered, copied, sok). purchased trmlmed. eicnangedai where proh i&ited or restricied by law
One coupon per purchase of specified prodttctisi Good only .n USA APOsifPO'. CONSUMER ’Jo
olher coupon may oe used with ll«s coupon Consumer pa,s any sales tn RETAILER General Midi ,uli
reimburse you Ihe face .aloe ol ibis coupon plus 8t t submitted m comp'iance with our redemption
policy Cop, a.afabie upon request Cash vain 1100 cent Send to GENERAL MILLS PO 6o« 8805S8
El Paso TX 88588 0588 or an authon/ed cleeringhouse IPPS^I
A11176A 1206
581625
5 1600053135 7 (8100)0 58162
• If you give your money to your children without
following these precise guidelines, a nursing home
could get your money anyhow
• What you need to know about Living Trusts
•What lawyers never tell you about protecting
your will
As a hard-working taxpayer, you have a legal right to
protect your life savings for yourself, your spouse or your
heirs. You don’t have to be rich to have peace of mind. You
just have to follow the easy steps outlined in “How to
Protect Your Financial Security.”
Although “How to Protect Your Financial Security"
can easily save you thousands of dollars, the price is very
reasonable. Right now, you can receive a special press run
for only $12.95 plus S2.(X) postage and handling. It is not
available in any bookstore. It is only available through this
special offer on a 90 day Money Back Guarantee. If you
are dissatisfied in any way, just return it in 90 days for a
full refund, no questions asked.
Order an extra copy for family or friend and SAVE.
You can order 2 for only S2O total.
HERE’S HOW TO ORDER: Just PRINT your name
and address and the words “Financial Security” on a piece
of paper and mail it along with a check or money order lo:
THE LEADER CO., INC.. Publishing Division, Dept.
F8X657, P.O. Box 8347. Canton. OH 44711. (Make
checks payable to The Leader Co., Inc.) VISA or
Master Card, send card number and expiration date. Act
now. Don't leave your assets in jeopardy.
©2(X)6 The l.cadcr Co.. Inc.