For individuals who want to ensure their assets are managed and distributed according to their wishes after their passing, appointing a Trustee is a crucial decision to be made. The choice of a Trustee will mostly depend on individual circumstances and preferences; however, a Trustee should be someone who is reliable, responsible, trustworthy, and with a good track record of managing finances and investments. It's also important to consider whether the Trustee shares your values and goals for … [Read more...] about Who should be your Trustee?
Watching Out for Elder Abuse
World Elder Abuse Awareness Day is June 15th Every year, many Americans age 60 and older suffer abuse and neglect. As part of World Elder Abuse Awareness Day, we join the international community to raise awareness and help end elder abuse here at home and around the world. The Elder Justice Act of 2009 defines elder abuse as "the knowing infliction of physical or psychological harm or the knowing deprivation of goods or services that are necessary to meet essential needs of an … [Read more...] about Watching Out for Elder Abuse
A Guide To Finding A Caregiver
If you or someone you love cannot make it through a day without assistance, what do you do? This is an emotional and difficult issue that most families have to deal with sooner or later. One option would be to have an adult child move in with the care recipient, or the other way around so that there is always someone available to run errands and provide companionship. But sometimes a move isn't feasible. Alternatively, one can move into a retirement home that offers on-site services, but the … [Read more...] about A Guide To Finding A Caregiver
7 Steps To Prepare for Retirement
If the pandemic proved anything, it's that life tends to get in the way of our plans — including retirement plans. Over the course of the pandemic, many people were forced to retire early, others decided they wanted to retire and still others opted to change their planned retirement date. The number of people affected is high; a recent survey found that more than 80% of Americans say their retirement plans were impacted by the pandemic. While you may not be able to control when you … [Read more...] about 7 Steps To Prepare for Retirement
Educational Webinar Hosted by Riverside Elder Law Attorney
Today, a senior age 65+ has about a 1 in 4 chance in spending some time in a nursing home. About 10% of the population over age 65 currently resides in a skilled nursing facility, assisted living or board and care / residential care for the elderly (RCFE) facility. Over 50% of seniors over age 95 today are in nursing homes. And an even great percent of the senior population is receiving some kind of care giving in their homes. With the senior population expecting to double in size between … [Read more...] about Educational Webinar Hosted by Riverside Elder Law Attorney
Riverside Estate Planning Attorney and Certified Financial Planner Discuss Financing Long Term Care
The cost of long term care is soaring. Providing care in the home can easily cost more than $10,000 per month, depending on the level of care needed and whether an agency is used or you privately employ the caregiver. Board and care facilities in Riverside County and San Bernardino County can easily cost from $2,500 to $6,000 per month. Assisted Living Facilities in the same area start at about $3,000 per month, and specialized memory care units can range from$5,000 to $8,000 monthly. How can … [Read more...] about Riverside Estate Planning Attorney and Certified Financial Planner Discuss Financing Long Term Care
Former First Lady’s End of Life Decision Brings Attention to Comfort Care
Incapacity Planning An article in USA Today focuses on a news release by the Kaiser Foundation about former First Lady Barbara Bush's decision to seek comfort care prior to her death on April 17, 2018. The article applauds Mrs. Bush's courage in bringing attention to the matter of the level of care sought by those who are terminally ill. Barbara Bush, age 92, had been battling congestive heart failure and chronic obstructive pulmonary disease for years prior her death. Ellen Goodman, … [Read more...] about Former First Lady’s End of Life Decision Brings Attention to Comfort Care
Elder Law Lawyers Preserve Legacies
Elder law lawyers help clients address the eventualities of aging, and these attorneys are going to be busy over the coming years. People that were born between 1946 and 1964 are referred to as “baby boomers.” An unprecedented number of babies were born during this interim, and now they are attaining senior citizen status. In fact, the Social Security Administration is accepting about 10,000 applications for benefits every day, and this volume is expected to persist into the foreseeable … [Read more...] about Elder Law Lawyers Preserve Legacies
Parkinson’s Awareness Day
Parkinson's Awareness Day is April 11 this year. Parkinson's disease is a disease in which the nerves degenerate, predominately affecting the nuerons that produce dopamine in the part of the brain called the substantia nigra. The cause of the disease remains largely unknown. People with Parkinson's disease may experience: (a) tremors, mainly while at rest; (b) slowness of movement; (c) limb rigidity; and (d) gait and balance problems. While Parkinson's Disease itself is not fatal, complications … [Read more...] about Parkinson’s Awareness Day
