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?
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
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
As we age, the natural aging process typically causes physical and/or mental deterioration that can make it more difficult to remain independent. At some point, it may become unsafe to remain alone in your home without assistance. The type and level of assistance a senior may need, however, can vary greatly. Some seniors only need help around the house a few times a week while others require around the clock medical care and monitoring. For seniors who need more extensive care, the options are … [Read more...] about Will Medicare and Medi-Cal Pay for Assisted Living and Nursing Home Care?
Dad is a resident in a skilled nursing facility. The family wants to take him out of the facility for the Thanksgiving weekend so that he can share in the family dinner and visit with family and friends. How will this effect Dad's coverage under Medicare or Medi-Cal? Medicare Coverage Medicare is the federal health care plan for persons age 65 and older who contributed to the Social Security System while working as well as the spouses of these individuals. Medicare only provides limited … [Read more...] about Will Dad Lose Government Assistance If He Leaves His Nursing Home for a Family Event?
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
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 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