Protecting your assets as you age and for the people you love after you die is complex. There is no single solution that works in every scenario. Depending on your age, the kinds of assets you own, and your legal and medical situation, a variety of solutions can offer you financial and legal protections.
Estate planning can be quite stressful, which can lead some people to rush through this critical process. Far too many people overlook long-term care planning when they sit down to plan their estates. They focus on what assets they would like to leave to which family members, while neglecting the potential reality of nursing home costs absorbing that money.
Medi-Cal is a joint federal and state program available to individuals who meet certain asset requirements that help them pay for long-term care (LTC) costs. Long-term care often creates devastating financial impacts on Americans, particularly the elderly, and for those family members who lose hours of income (and more) while providing care for their loved ones. The Medi-Cal system is still one of the best options to afford long-term care. Medi-Cal crisis planning is a strategy that can help you qualify for Medi-Cal without experiencing financial ruin.
People work hard all their lives to own a home, and it is often their most valuable and significant possession. Home ownership is the American Dream. So, when health begins to fail and the need for long-term care arises, we often get this fear-filled question from our clients: will they take away my home?
The challenges ahead are many as AARP reports that the population age 85 plus, the most likely to need long-term care, will more than triple between 2015 and 2050. Elected leaders must rethink institutional care and its affordability and make improvements while creating innovative long-term care options for those Americans who are aging in place.
Every April, all around the world, the Parkinson's community engages to support awareness of Parkinson's disease (PD), a disease whose cause remains largely unknown although treatment options exist. The goal of raising awareness can help make lives better for people with Parkinson's disease, generate ideas to improve care, educate, and fundraise to help advance research toward finding a cure.
There are about 58 million Americans five years of age or older that are identified as having special needs. This makes them the largest single minority in this country.
For the past thirty years, early March marks the beginning of Brain Injury Awareness Month. Brain injury, often referred to as traumatic brain injury (TBI), can range from mild (commonly called a concussion) to severe and is caused by an impact to the head or the body or by a penetrating head injury.
In the past, disabled people could only get government benefits like Supplemental Security Income (SSI) or Medi-Cal if they had very little money, or if their access to property was tightly confined by restrictive trusts.
Back in March of 1987, the Developmental Disabilities Awareness Month began, calling upon all Americans to provide the opportunities and encouragement necessary for people with developmental disabilities to reach their potential.
