Urgent - Medi-Cal Power of Attorney Required
If you or your spouse require nursing home care then you definitely need a Medi-Cal Power of Attorney. The Medi-Cal Power of Attorney is used to make financial decisions which are necessary for Medi-Cal Planning, Asset Protection and Estate Preservation strategies. Alice A. Salvo, an attorney whose law firm emphasizes estate preservation, asset protection and Medi-Cal Planning, advises clients to make sure they have this important legal document drafted by an elder law attorney before they actually need it.
If you have any concerns about Long-Term Care or Disability Planning, qualifying for Medi-Cal Benefits, Medi-Cal Recovery prevention or Asset Protection, Elder law attorney Alice A. Salvo offers a FREE CONSULTATION (818) 887-3333 to evaluate the need for Medi-Cal versus the alternatives to Medi-Cal planning.
Long-Term Care Planning requires evaluating assets and income. Proper spend down techniques can help qualify you for the Medi-Cal long term care program. Other requirements are also incorporated if you are considering eligibility for Medi-Cal. There are some alternatives that can enable seniors and their families to keep particular assets while qualifying for Medi-Cal nursing home care. Let us help your family avoid huge nursing home expenses when dealing with long-term nursing home care. For Medi-Cal Planning and legal advice we have answers!
Thursday, October 27, 2011
Wednesday, October 5, 2011
Does a Conservatorship Help a Person With Dementia?
When a loved one gets older dementia, alzheimers, stroke or other conditions make it difficult or impossible for the individual to make sound financial decisions. Elderly seniors can become vulnerable to many devious people and exploited or taken advantage of so as to experience financial loss. Utilizing a conservatorship you can protect your elderly family member so finances are handled properly and safely.
A conservatorship grants financial authority. Both a guardianship and conservatorship utilize the appointment of a trusted person to look after affairs of a minor or an incapacitated individual, many times it is an elderly person. The difference between a guardianship and a conservatorship is that typically in guardianships guardians are appointed by the court for minors, for example to serve as the guardian of a minor's blocked bank account. A conservator is appointed by the court to make personal decisions for an incompetent person as well as to protect and manage their property.
Our California legal system has two ways to grant you the power to make financial decisions for your elderly family member. Powers of Attorney can be created while the person is of sound mind (before dementia). If your loved one has reached the point of becoming incompetent due to dementia, alzheimers, stroke or deteriorating health then establishing a conservatorship with an experienced attorney is beneficial.
A conservatorship grants financial authority. Both a guardianship and conservatorship utilize the appointment of a trusted person to look after affairs of a minor or an incapacitated individual, many times it is an elderly person. The difference between a guardianship and a conservatorship is that typically in guardianships guardians are appointed by the court for minors, for example to serve as the guardian of a minor's blocked bank account. A conservator is appointed by the court to make personal decisions for an incompetent person as well as to protect and manage their property.
Our California legal system has two ways to grant you the power to make financial decisions for your elderly family member. Powers of Attorney can be created while the person is of sound mind (before dementia). If your loved one has reached the point of becoming incompetent due to dementia, alzheimers, stroke or deteriorating health then establishing a conservatorship with an experienced attorney is beneficial.
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