In the confusing world of trusts, there is one trust that you will want to know about for your aging loved one and that is the Special Needs Trust. This trust allows your loved one to remain on, or qualify for, Federal, State and other benefits while having funds in trust to assist with approved costs.
Whether your loved one lives near or far, is in their home or assisted living, taking steps to prepare for a 911 call and visit to an emergency room can make the difference between timely and safe treatment vs. serious consequences.
When a loved one says those words, “I Don’t Need Help” or “I am Fine”, there is often something else going on. They may lack insight due to a real medical or cognitive problem or they may be in denial. Very often seniors fear that if they admit to needing help others will swoop in and take over their life – or worse yet, put them in a home!
Basics of elder law, including information about powers of attorney.
What you need to know about establishing guardianship or conservatorship.
Learn how to manage your loved one’s transition from hospital to home or rehab.
Legal and financial options for Medicaid planning.
A Professional ALCM is an expert, such as a social worker, counselor, gerontologist or nurse who:
How to select a rehab facility that best suits your loved one’s needs.
The cost of aging has changed. Planning for old age used to mean insuring you had enough income to live a certain lifestyle. Most retirement workshops had you define your post retirement lifestyle wish and determine how much money you would need to fulfill those dreams.