Tag Archives: dementia

Alzheimer’s Disease: Can You Still Create an Estate Plan?

Alzheimer awareness day, dementia diagnosis, Parkinson´s disease, memory loss disorder, brain with puzzle pieces, generative AI

If a doctor diagnoses you or a loved one with Alzheimer’s Disease, act quickly. As the disease progresses, it will become increasingly difficult for your loved one to make decisions and manage complex affairs.

Alzheimer’s Disease & The 90-Second Rule

Stress and migraine seizure, alzheimer and epilepsy disorder, brain waves, mental health concept, generative AI used for brain

With the 90-second rule, if a dementia patient answers two or more of these questions incorrectly, they may be referred for further testing, such as a brain MRI or PET scan. These tests can help to rule out other possible causes of dementia, such as vascular dementia or Lewy body dementia.

Dementia: Estate Planning and Care Plan

An estate plan typically includes a revocable living trust, financial power of attorney, and a health directive to physicians. The revocable living trust will specify how your assets will be distributed after you die. The financial power of attorney is a legal document that gives someone else the authority to make financial decisions on your behalf if you are unable to do so yourself. A health care directive to physicians is a legal document that gives someone else the authority to make decisions about your health care if you are unable to do so yourself.

Treatment of The Home With Reverse Mortgages By Medi-Cal

Under the Medi-Cal regulations, it is fairly easy for us to establish the home as an “exempt asset” for qualification for Medi-Cal. The usual way is to confirm “an intent to return home” by the Medi-Cal applicant. The next task is to protect the home from a Medi-Cal lien if you pass away after having […]

7 Practical Considerations To Take Into Account When Choosing an Assisted Living Facility

Here are 7 Practical Considerations to take into account when you are choosing an assisted living facility, either for yourself or a loved one. We have developed this list  after having first hand experience with assisted living facilities that my father lived in, and after having interacted with our clients regarding these issues over many […]

FIVE THINGS BABY BOOMERS AND SENIORS CAN DO TO GAIN PEACE OF MIND FOR SURVIVING THEIR RETIREMENT YEARS

Many Baby Boomers and seniors are concerned about surviving their retirement years. Many have not been able to save adequately, have suffered losses in the stock market, and do not have pension funds sufficient to meet their future needs. Most are concerned about health care issues, and how their nursing home costs would be paid […]

Protect Your Home From a Medi-Cal Lien With a Reserved Life Estate

Medi-Cal can pay for your stay in a skilled nursing facility if you qualify. Under the state’s regulations, your home can be confirmed as an exempt asset in the Medi-Cal application. This means that you can keep your home, if you are otherwise qualified, and still receive Medi-Cal. This is true whether you are single […]

BEWARE OF SCAMMERS WHO PREY ON SENIORS

Scammers are consistently targeting older people. An older client of ours in Walnut Creek called us to ask how she could be taken to the airport so that she could give a courier $2,500 for a service fee. The service fee was apparently to ensure that she would receive $25,000 that she was told she […]