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2215 Devonshire Drive
Cleveland Heights, OH 44106
(330) 656-5580

Branch Office

The Villages, FL 32162
(352) 358-7060
As our clients move along the continuum of care cycle from home care to assisted living facilities to nursing homes, the level of care increases along with the cost of providing that care. Without proper planning, those costs could become devastating.

The problem is it is hard to find someone who understands how various assistance programs work, and even harder to find someone who understands how those programs work together. Working knowledge of Veterans Benefits, Medicaid, Social Security, Medicare, Medicare Supplements, Long Term Care Insurance, and the ever present IRS is critical to providing the best advice for the best results. Furthermore, certain legal documents may also be required. Too often most financial planners fall short of the experience necessary to navigate through the jungle of government bureaucracy and financial options available to provide a comprehensive estate planning strategy.

There is a solution.

Bill McCarthy & Associates can help.

Call us today for a FREE assessment to determine your eligibility for benefits.

Advice and planning from a trusted source

Bill McCarthy is the President and founder of Bill McCarthy and Associates.

Mr. McCarthy has a degree in Finance from Boston University’s School of Management. Almost immediately out of college he started the first proprietary Meals-On-Wheels in the country in and around the greater Boston area, serving over 50 communities.

He moved from Boston to Cleveland in 1978 where he continued to work with seniors. In 1990 he earned his insurance license and 1994 his security license.  Today he operates a full insurance agency and can conduct all functions of a stockbroker. In 1999 he started his own Registered Investment Advisor firm.  Since then he has become licensed as a Certified Estate Planner.

Today, his practice has evolved to a highly specialized area dealing with the long term care issues of older adults, particularly those in assisted living facilities and nursing homes.

From his Hudson, Ohio office he helps people all over Ohio. “With today’s technology it makes it very easy to deal with family members of my clients from far away. Many of my clients have children out of state and I don’t want that to be a barrier to get their parents the care they need.”


Estate Planning

Whether you know it or not, the "system" has developed an estate plan for every one. The question then becomes, "Do you want to default to the estate plan the system created for you, or do you want to be proactive and take control of your estate yourself?"

Veterans Benefits

The Veterans Administration is probably the best kept secret in senior health care. The VA is a wonderful organization that helps veterans in many ways. Probably the two most beneficial programs for older veterans are their prescription drug program and their Aid and Attendance program.

IRA / 401(k) Rollovers

For most people, retiring and rolling over your retirement plan from work is a once in a life time move. Thankfully so. There are so many vendors and so many choices it is very difficult for the average worker to know what is best. Unfortunately, there are also a lot of people anxious to help you – to make the biggest commission they can.

Medicaid Planning

Medicaid Planning means taking advantage of legal options to help qualify for Medicaid sooner than otherwise possible.

Long Term Care Insurance

Anyone who has had a friend or relative in an assisted living facility or nursing home knows how expensive it can be. An assisted living facility usually costs between $3,500 and $5,500 per month. Nursing homes cost between $8,000 and $10,000 per month. Wow! That’s real money and it goes fast!


Bill McCarthy and Associates is a Registered Investment Advisor in the States of Ohio and Florida, and Mr. Bill McCarthy is a Licensed Investment Advisor.


2215 Devonshire Dr. Cleveland Heights, OH 44106