Estate planning is the preservation and the distribution of your assets, both during your life and upon your death. It is accomplishing your personal and family goals and easing the management of your financial and legal affairs, as well as minimizing taxes if your estate is large enough for taxes to be of concern. When we talk about an estate, we mean all assets of any value that you own, including real property, business interests, investments, insurance proceeds, personal property and even your personal effects. An “estate plan,” generally, refers to the means by which your estate is passed on to your loved ones on your death. Estate planning can be accomplished through a variety of methods, including:
If you or a loved one has recently been diagnosed with Alzheimer’s (or is exhibiting symptoms, such as memory loss), the most common response is to worry... Worry about the getting the right care, how you’re going to pay for high medical or nursing costs, if you are going to lose your assets, how you or your loved one is going to handle the everyday caregiving problems that arise, and much more.
The decision to move a family member or a loved one into a nursing home is one of the most difficult decisions you can make. When faced with the overwhelming and stressful job of finding the right nursing home, often-times families don’t know where to begin. At times like these, it's important that you pause, take a deep breath, and understand that there are things you can do. And although this is a job that no one looks forward to doing, it can be done with forethought and confidence to make the best decision possible.
Is your loved one facing a long-term care stay? Do they need to qualify for financial assistance to pay for their long-term stay? The decision to move a family member or a loved one into a nursing home is one of the most difficult decisions you can make. With the national average cost of nursing home care at $75,000 per year, for many, the most difficult task is determining how to pay for it without going broke! Understanding the process of qualifying for Medi-Cal can be an exhausting ordeal. The Medi-Cal rules and regulations change frequently and are complicated to say the least! One of the primary concerns we hear from families is that they are afraid that qualifying for Medi-Cal will leave them virtually penniless.