California residents may be interested in ways to get started with saving for retirement. There are many issues that go into balanced retirement planning that can change depending on the person's individual financial situation.
California nursing home patients can be affected by issues such as overcrowding, limited staffing and low budgets. However, family members of elderly patients housed in such facilities may want to pay special attention to the drugs administered to their loved ones, especially if dramatic changes in behavior, personality or condition are observed. Nursing home abuse can take many forms, and in some cases, antipsychotic drugs are incorrectly or illegally used to manage patient behavior.
When people in California plan for retirement, they might believe they have effectively organized all of their financial matters. However, they may have overlooked the very real and costly expense of long-term care. A recent survey indicated that most Americans fail to account for the high costs of care for seniors.
As California residents work on estate plans, the decision about creating a trust may be a concern. A trust is perceived as protecting one's assets from the probate process, allowing for smoother and more private distribution after death. However, trusts may not always be protected fully from probate, and state laws should be considered. Many individuals believe that there are tax benefits available when a trust is established, but experts indicate that many of these benefits are primarily advantageous to those who are very well off.
California residents may wonder whether long-term care insurance is necessary or how to go about securing a policy. One woman discovered that her mother's long-term care costs were $3,000 per month, which was paid by her father's estate and the sale of the mother's home. Many people erroneously believe that Medicare will cover any of their long-term care needs, such as in-home care, a nursing home or living in an assisted facility.
The passing of television personality Casey Kasem was a somber one that had been coming for several months. Suffering from Lewy body disease, Kasem's condition had progressed to the point where he could no longer walk on his own and was unable to speak. But, as some of our readers already know, this wasn't the only tragic thing about Kasem's case.
Though many people would agree that there are some downsides to serving in a branch of the United States’ armed forces, there are also upsides as well, such as receiving a high standard of medical treatment from a VA hospital in any state across the nation.
When it comes to getting older and planning for your retirement, probably one of the biggest concerns on your mind is how much money you will need for health care as you age. As you get older, your chance of developing a serious illness increases. Bills for doctor visits and hospital stays can add up quickly, which is problematic for someone with a fixed income.
No one ever wants to become the victim of a scam; but with criminals using increasingly sophisticated methods to dupe people out of their money, it’s becoming harder to protect those assets. This is especially true with elderly people who rely on a fixed income when making financial decisions. A scam targeting their bank accounts or credit cards can have a devastating effect and can even constitute as elder abuse in some situations.
On behalf of California Elder Law Center PC posted in Trust & Probate Administration on Monday, June 2, 2014. Many of our readers who grew up watching the “Brady Bunch” probably remember the character of Alice. Best known for her trademark blue dress and witty one-liners, the fictional housekeeper often brought a smile to the [...]