As you are going through life, your elder years can seem very distant. However, if you ask anyone who has gotten older, they will tell you that time flies, and you can come to a rather rude awakening at some point. Topics covered in this whitepaper include: Is There Any Particular Elder Law Issue That I Should Be Considered About? How Expensive is Long-Term Care? How Long is The Average Length of Stay? Do Most People Require Long-Term Care as Seniors? Does This Mean that I May … [Read more...] about Free Report: What Questions Should I Ask a Northern California Elder Law Attorney
Elder Law
Can I Take Back the Assets in a Medi-Cal Trust?
Medi-Cal is a government program that is relevant to many seniors who were never poor, although it is a need-based program. This is because Medi-Cal pays for long-term care, and most seniors will need it at some point in time. Medicare does not pay for living assistance. Since Medi-Cal is a need-based program, there is an asset limit. For an individual who is applying for Medi-Cal coverage to pay for nursing home care, the limit on countable assets is $2000. A Medi-Cal trust can be utilized if … [Read more...] about Can I Take Back the Assets in a Medi-Cal Trust?
Does Medi-Cal Pay for In-Home Care?
Medi-Cal is a health insurance program that is in place to provide a resource for financially needy individuals. The program is offered nationally, and it is called Medicaid elsewhere. Medi-Cal is important for many people who were never poor, because it will pay for a stay in a assisted living facility, and indirectly, it will pay for in-home care. Many seniors would prefer to remain in their homes if they need help with their activities of daily living. This is understandable on a number of … [Read more...] about Does Medi-Cal Pay for In-Home Care?
Medi-Cal Planning: When Is it Too Late?
They say that aging is not always easy, and there are certainly some serious things to take into consideration when you are looking ahead toward your elder years. Most of the senior citizens in the United States will eventually need help with their day-to-day needs. Long-term care is very expensive, and Medicare will not pay for it. This is why Medi-Cal planning is important to many people here in California. You are probably aware of the fact that Medi-Cal is California's version of the … [Read more...] about Medi-Cal Planning: When Is it Too Late?
How Do Elder Law Attorneys Charge?
Sometimes you make a relatively small investment in the present so that you can save a great deal of money in the future. This is a dynamic that enters the picture when you are looking at the value of a consultation with an elder law attorney. Before we get into the matter of money, we should explain exactly what elder law attorneys do, and we should also look at the reasons why you may want to consult with one. Senior Issues Elder law attorneys focus their practices on senior issues. You … [Read more...] about How Do Elder Law Attorneys Charge?
Do You Have to Impoverish Yourself to Qualify for Medi-Cal?
When you hear about the Medi-Cal program, you may immediately draw certain conclusions. Medi-Cal is a needs-based program, so you may assume that you must impoverish yourself to qualify for Medi-Cal coverage. First off, it is important to understand why Medi-Cal is relevant to senior citizens who will be qualified for Medicare. Some elders will need long-term care eventually, and Medicare does not pay for such living assistance. Medi-Cal does pay for long-term care, and this is why many … [Read more...] about Do You Have to Impoverish Yourself to Qualify for Medi-Cal?
Marriage in the Golden Years
As we live longer, a marriage later in life is becoming more common with our aging society. That means changes to your estate plan are more crucial than ever. It also means the likelihood of new family members, from adult children to grandchildren and sometimes even great grandchildren. Social Security Benefits There are a number of dynamics that potentially play out when it comes to your social security benefits. Even if you’ve carefully prepared, you now have to consider more than just … [Read more...] about Marriage in the Golden Years
How Do You Find an Elder Law Attorney?
The aging of the baby boomer generation is having a significant impact on the country's demographic makeup. A lot of people are approaching senior citizen status at the same time, and as a result, people are asking questions about legal matters that are relevant to seniors. Elder law attorneys answer these questions. There are various different elder law matters that everyone should be aware of, and long-term care is foremost among them. Medicare does not pay for living assistance, and most … [Read more...] about How Do You Find an Elder Law Attorney?
Medi-Cal Long Term Care Primer- Part 4 of 4
An important, but frequently overlooked, aspect in Medi-Cal long term care (LTC) benefit planning is Medi-Cal Estate Recovery. The Medi-Cal laws requre that the state pursue recovery from a Medi-Cal LTC beneficiary's estate following death for the benefits obtained during his or her lifetime. These benefits have often been accruing at thousands of dollars a month. In cases of extended periods of care, recovery claims can be hundreds of thousands of dollars. In situations involving a … [Read more...] about Medi-Cal Long Term Care Primer- Part 4 of 4
Medi-Cal Long Term Care Primer – Part 3 of 4
The second planning consideration for Medi-Cal Long Term Care Benefits (LTC) is called share of cost. Once Medi-Cal LTC eligibility is established (See Part II), attention turns to share of cost. It is the co-pay requirement of Medi-Cal LTC. Typically, a Medi-Cal LTC beneficiary must contribute their monthly income towards the cost of his or her care. This usually includes Social Security, pensions, investment and rental income, among others. Certain deductions are allowed, e.g., health … [Read more...] about Medi-Cal Long Term Care Primer – Part 3 of 4
