DATELINE: DEDHAM AND PLYMOUTH, MASS…The Commonwealth Advisory Group will hold a FREE seminar for seniors and their families on June 10, 2008 at 12 p.m. at the Lowell Senior Center, 276 Broadway Street in Lowell. The educational seminar will provide information about asset preservation and Medicaid regulations for seniors who may need nursing home care.

Attorney Philip Amaru and Executive Director Laureen Vaughn of Commonwealth Advisory Group will provide a one-hour presentation on the topic of how to protect assets from the high costs of nursing home care. Attorney Amaru will discuss the steps that may be taken to protect a senior’s assets in the case of an immediate admission to a nursing home, as well as steps that would ensure a senior’s future assets are protected should the circumstance of nursing home admission ever arise.

Attendees will also learn about Medicaid regulations and how to qualify for Medicaid.

“Nursing home costs can be as high as $10,000 per month. During our seminar, we discuss how monthly nursing home costs can be reduced drastically and that ‘spending down assets’ is not necessary for benefit qualification. There are ways to preserve your assets for yourself and the next generation, and that’s where we come in,” noted Amaru.

Attorney Amaru and Ms. Vaughn speak to a variety of audiences about asset protection including Councils on Aging, nurses and other health professionals, Certified Professional Accountants, unions and elder service agencies. Recent speaking engagements include Milton Hospital; The Southeastern Area Department of Mental Health Committees and the Friends of Taunton State Hospital’s Caregiving for the Aging Mental Health Population.

With offices in Dedham, the Commonwealth Advisory Group provides professional guidance to seniors and their families with regard to asset preservation and Medicaid regulations prior to nursing home admission.

For more information about this seminar, or to book a seminar, contact Laureen Vaughn at 800-705-1415.

Asset Preservation Planning
For 16 years, the Commonwealth Advisory Group has helped over 1,500 clients save their assets (which includes property, gifted assets, retirement accounts, insurance policies, investments and savings) prior to and during an admission to a nursing home. Unlike financial planners, Commonwealth Advisory Group specializes in asset preservation for elders and their families.

In addition to providing asset protection services to clients, Attorney Amaru and Executive Director Laureen Vaughn serve as educational speakers for hospitals, elder agencies and businesses throughout Southeastern Massachusetts. Commonwealth Advisory Group has appeared with Jordan Rich of WBZ News Radio 1030 in variety of seminars on the topic of Senior Asset Protection.

Attorney Amaru is a member of the National Academy of Elder Law Attorneys; the National Network of Estate Planning Attorneys; the Massachusetts Academy of Trial Attorneys; the Massachusetts Bar Association and the American Bar Association.

Commonwealth Advisory Group is located just off Route 128 at 3 Allied Drive, Ste. 125, Dedham, MA. For more information, contact 800-705-1415 or visit .