Most people I meet have a basic estate plan that is designed for younger people. The plan typically consists of a revocable living trust, pour over wills, financial durable powers of attorney, and health care directives. These plans were typically designed some years ago. The emphasis on that planning was to ensure that if the […]
Category Archives: senior law walnut creek
Alzheimer's Care, Alzheimer's Medi-Cal, Asset Protection Attorney Walnut Creek, Elder Law Attorney Walnut Creek, Medi-Cal Attorney Walnut Creek CA, Medi-Cal Gifting Walnut Creek, Medi-Cal Qualification, Nursing Home Attorney Walnut Creek, Parkinson's disease Walnut Creek, Pay for Cost of Long Term Care Walnut Creek, Pay Nursing Home Care Walnut Creek, Senior Law Attorney Walnut Creek, senior law walnut creek, VA Aid & Attendance Attorney Walnut Creek, Walnut Creek Elder Law, Walnut Creek Medi-Cal Qualification
Alzheimer’s Disease – The 10 Warning Signs
Every 70 seconds someone is diagnosed with Alzheimer’s disease. The Alzheimer’s Association has a list of the 10 warning signs of Alzheimer’s disease, as follows: Memory changes that disrupt daily life. Challenges in planning or solving problems. Difficulty completing familiar tasks at home, at work or at leisure. Confusion with time or place. Trouble understanding […]
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Don’t Be A Victim Of Fraud and Financial Abuse
A 2013 study published by the MetLife Mature Market Institute estimated that elders are defrauded of approximately $2.9 billion dollars annually. The reason for this seems to be that older people are too trusting of strangers. My own father, who was in sales his entire life, was too easily talked into buying things he did […]
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Medi-Cal Qualification and the Home – Contra Costa Elder Law Attorney Michael J. Young
Click here to watch a video of elder law attorney Michael J. Young of Walnut Creek, CA talk about Medi-Cal qualification and the home. Medi-Cal Qualification and the Home You can have a home and qualify for Medi-Cal. You can also take steps to protect your home from a Medi-Cal lien.
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Elder Law Attorney Michael J. Young discusses life insurance as it pertains to Medi-Cal and long term care planning
Click here to watch elder Law Attorney Michael J. Young discuss life insurance as it pertains to Medi-Cal qualification and long term care planning There are several things you should know with regard to life insurance and qualification for Medi-Cal. In addition, there are long term care opportunities using life insurance policies. Click above to […]
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Asset Protection, Medi-Cal and Financial Durable Powers of Attorney
Asset Protection, Medi-Cal and Financial Durable Powers of Attorney Specialized Language is required in Financial Durable Powers of Attorney for Asset Protection and Medi-Cal planning. Most Financial Durable Powers of Attorney do not have the required language to make gifts and transfers of assets, like the home, for asset protection and Medi-Cal Planning. Click Here […]
Please click the attached to view a short video on a Medi-Cal After Acquired Asset Strategy. The couple’s home is transferred from the ill spouse to the well spouse. After we qualify the ill spouse for Medi-Cal, the home can be sold by the well spouse without disqualifying the wife for Medi-Cal. You will of […]
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Medi-Cal Covers “Skilled Nursing Facilities”
It seems that many people are under the assumption that Medi-Cal pays for all kinds of housing for an older persons. This is not the case. Medi-Cal pays for nursing home care in “skilled nursing facilities.” There must be a doctor’s order that the applicant’s stay in the nursing home is “medically necessary.” The applicant […]
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April 2015 CA Medi-Cal Quick Reference Guide (APPR Change)
The State of California has changed the Average Private Pay Rate – Divestment Penalty Divisor (APPR) for Medi-Cal qualification for 2015. A brief listing of the Medi-Cal qualification requirements with this change is set forth below: Community Spouse Resource Allowance (CSRA) $119,220 This is the amount that the community, or (at home) well spouse can retain in […]
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Will Medi-Cal Let Me Make Gifts To My Wife Without Penalty?
Will Medi-Cal Let Me Make Gifts To My Wife Without Penalty? YES! For qualification for Medi-Cal, there is presently a 30 month look back period for making gifts. But this look back period does not apply between spouses. We have discussed in previous blogs how to properly transfer the home between spouses in order to […]