Tag Archives: Medi-Cal Planning & Qualification
IRAs and Medi-Cal Qualification
The Medi-Cal applicant can have any amount of IRAs that are in his name, and still qualify for Medi-Cal. For instance, the applicant could have $200,000 or more in his name in IRAs, and…Medi-Cal and Life Insurance
An individual can have any amount of Term Life Insurance, and still qualify for Medi-Cal. Term life insurance has been defined as life insurance that pays a benefit in the event of the…Finding Support For Alzheimer’s Patients:
If you are taking care of a loved one who has been diagnosed with Alzheimer’s disease, you are probably overwhelmed. You of course will need help. At the Law Offices of Michael J. Young in…Alzheimer’s Is A Family Illness!
Our office represents many families who have a loved one who has been diagnosed with Alzheimer’s disease or another form of dementia. We typically will receive a call from the spouse or…Baby Boomer Alert!
You should get your “Ducks In A Row” now. Many of us Baby Boomers, born between 1946 and 1964, have helped to take care of our elderly parents. Both of my parents are gone now, but my…Medi-Cal Qualification and Life Insurance
Term Life Insurance: You can have any amount of term life insurance and still qualify for Medi-Cal to help pay for your nursing home costs. For example, lets say that you have a $100,000…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…It Is Difficult Being The Caregiver For Your Older Loved One
Many of our older clients are being taken care of by their spouse, or by one or more of their adult children or another family member. The older person of course appreciates the help, and…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…Dogs Have a Therapeutic Effect on Older People
My father spent some of his final months in a large assisted living facility. He was in his late 80’s, and was at times depressed and grouchy. Since the passing of my mother, he would not…
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