California Earns Top Marks for Long-Term Care Services
Palo Alto, CA (Law Firm Newswire) August 29, 2014 – A major report from the American Association of Retired People (AARP) has named California a strong performer in long-term care systems for older adults and the disabled.
The report, called a “scorecard,” evaluated states on 26 different criteria and then aggregates the findings into an overall ranking. California finished ninth overall and drew top scores in several areas. The state earned a first-place rating on the availability of Medicaid benefits (Medi-Cal) to cover the costs of long-term care. The report also gave California a second-place rating for the diversity of long-term care options available, including in-home and community-based services.
According to elder law attorney Michael Gilfix, “This report is a reminder that older Californians and their families should seek out information before an urgent need arises. With advance planning, California families can access excellent options without spending a major portion of their assets on the expense of long-term care.”
The organizations that produced the report (AARP, The Commonwealth Club and The SCAN Foundation) insist that while California and many other states are making good progress on the issue of long-term care, the crisis still looms.
“In just 12 years, the leading edge of the Baby Boom Generation will enter its 80s,” the authors stated, noting that “this generation, and those that follow, will have far fewer potential family caregivers to provide unpaid help.” This report, they claimed, is an attempt to help states and families understand what needs to improve in order to meet the coming need.
Facebook: Like Us!
- Thank You for the Amazing Turnout at Our Estate Planning Seminars!
Gilfix & La Poll would like to thank everyone who attended our recent Asset Protection and Estate Planning seminars in Palo Alto, California. We also would like to thank our good friend, Len Tillem, for being a part of the afternoon session. (We apologize to all who wanted to attend the afternoon session with Len […]
- Gilfix & La Poll to hold living trust seminar with special guest Len Tillem
Attorney Michael Gilfix of Gilfix & La Poll Associates will present a seminar titled “A Unique Living Trust Seminar: How to Protect Family Assets” on October 28 at the Crowne Plaza in Palo Alto, California. Attorney and radio personality Len Tillem has been invited to speak at the event as a special guest during the […]
- A Warning About Ads to “Fix” Your Trust
Dear Friends, You may have seen ads running in the Mercury News and perhaps other media outlets for Trust Seminars presented by a San Diego-based law firm. These specific ads attempt to entice you by promising a “free kindle” and a “free dinner” for those who attend the seminars they are giving while they visit the […]
- Gilfix & La Poll presents estate and long term care seminar at Avenidas Center
On September 10, 2015, attorneys Michael Gilfix and Mark Gilfix of Gilfix & La Poll Associates presented a seminar on living trusts and asset protection in the face of long-term care. The workshop was held in partnership with the Avenidas Senior Center in Palo Alto, California. Titled “Your Estate Planning and Long-Term Care Checkup – […]
- Survey reveals more than one-third of wealthy individuals lack estate plans
The CNBC Millionaire Survey has found that 38 percent of 750 millionaires surveyed have not consulted a financial expert to establish an estate plan. The poll conducted by Spectrem Group for CNBC revealed estate planning was the most prevalent among individuals with investable assets amounting to at least $5 million, with 68 percent having worked […]