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I recently attended a seminar (advertised in local paper and held in hotel
ballroom..) sponsored by an organization called the Senior Education Council
from LA, CA.

The presenter, and president, Mark Diamond told a packed room of seniors that
there was only one way to protect one's lifetime assets from the risk of nursing
home costs or the expense resulting from catastrophic illness. He and his reps
were willing to set up appointment with the attendees in order to explain this
secret to them.

I had an appointment but wasn't able to keep it and since the rep left no name or
number to call I was unable to let him know I couldn't be there. He has never
called back. My question is: what is this big secret, what is the way to protect
one's assets, is it a variable annuity?

Diamond really had people worked up during the seminar but I suspect that his
motives were not as pure as he claimed. He told the seniors there that their
lawyers, brokers and bankers didn't have a clue about the knowledge he was
able to impart. Can anyone help shed more light on this subject?

What kind of a business does not give your their address and phone number? I think you were lucky you missed the appointment.

There is no one person that knows a secret no one else knows in regards to taxes and estates.

I think insurance is the only way to protect your assets. Giving away your assets could get you in trouble - you may need them and there are laws to prevent asstes from being given away to avoid paying for long term care.
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