How to Qualify for Medi-Cal – Even If You Have Too Many Assets

Medi-Cal is a needs-based program meant to help those without considerable resources access medical care and benefits. Since it is needs-based, there are significant asset and income limits attached to eligibility, which can easily lead to a disqualification from receiving benefits if the assets are not monitored closely. However, there are several ways to prevent a Medi-Cal eligibility disqualification through the use of trusts. For the purposes of this article, we’ll focus on how an irrevocable trust can help if a person expects to receive Medi-Cal benefits in the future and a First-Party Special Needs Trust if a person is ready to receive Medi-Cal benefits.

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LA County Elder Law Attorney: How to Help an Elderly Parent Manage Money

A concern for many adult children with an aging parent is whether or not they can still handle money and make sound choices regarding their financial affairs. There are many reasons why an elderly parent would have trouble handling their own finances, usually due to some physical or mental ailment or the loss of a spouse who normally handled the finances, though there are other times when the parent just decides they would rather have someone else handle financial decisions, so they may focus on other things.

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Everything You Need to Know About VA Health Care Benefits

The United States federal government offers several different benefit programs to senior citizens who lack financial resources for healthcare. However, VA Health Care benefits are only available to those people who served our country in the armed forces. If you are a veteran who served on active duty and received any discharge other than dishonorable, you may be eligible to receive VA Health Care benefits from the Veteran’s Administration. Here is everything you should know about VA Health Care benefits…

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Los Angeles County Elder Lawyer Offers Tips for Investing Toward Your Retirement

Retirement planning should be on everyone’s minds, but it’s a difficult concept for many people to correctly grasp. You have to imagine what your income, expenses, and life changes will be like years down the road while trying to anticipate what the economic landscape will look like during that time. This can be very daunting, especially if you don’t have a financial background. Fortunately, there are some basic principles of investing for your retirement that you can follow that will put you on the right path….

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