The holiday season is quickly coming upon us. If you are a caregiver for an elderly loved one, you may notice a change in your loved one’s mood as the holidays approach. Perhaps you are one of many, who visit elderly parents and family during the holidays who live a distance away. When you visit you may notice that loved ones are not as physically active, or they show symptoms of fatigue or sadness and have no interest in the holiday or in their surroundings.Details
Eldercare providers and advisers who deal with the public know from experience that the need for long term care can often arise without warning. In many cases, desperate caregivers are frantically trying to find services, advice or care funding sources to help their loved ones with unexpected long term care needs. This sudden need for help often occurs when the loved one needing care has recently demonstrated unsafe behavior, or there has been an injury or sudden illness or there is a pending release from nursing home rehab or the current caregiver can no longer cope. Help must be found right now.Details
HR. 3221 signed by the president has raised the HECM reverse mortgage limits to either $625,500. This is good news for Orange County residents over age 62 who have had limited choices for reverse mortgages in the past. These changes allow Orange County residents to borrow more money as a percentage of home value with…Details
DOWN SIZE WITH A REVERSE MORTGAGE, MOVE YOUR TAX BASE & TAKE A CAPITAL GAINS EXEMPTION? IT’S POSSIBLE. -A future trend for Southern California Boomers? For Boomers and Seniors living in other areas, two out of three isn’t bad either.
A future trend for Southern California Boomers? For Boomers and Seniors living in other areas, two out of three isn’t bad either.
The house is big, the kids are gone, you’re tired of maintaining the yard and you and your spouse only use half of the house. Could it be time to move and at the same time increase your retirement nest egg and cash flow?
A large majority of the American public still believes that the government will provide long term care when needed. It is this misconception that most likely prevents people from doing any planning at a younger age for the future need for care. According to the National Care Planning Council, (www.longtermcarelink.net) many people believe they can give away assets prior to the need for long term care and qualify for Medicaid. The Council suggests that this belief prevents people from considering other ways to fund the cost of future care.Details
(Commonly Called Aid and Attendance)
Why is it important for government agencies, care providers or eldercare advisers to know about Pension?
The national care planning Council estimates that approximately 11.5 million seniors — about 33% of all people over 65 — could qualify for Pension or Death Pension by meeting the tests outlined in this fact sheet.
I recently took a tour of the COUNCIL ON AGING – Orange County (COAOC). The Council is an incredible resource that has been serving OC since 1973 as a 501 © (3). The Council mission is to promote adult empowerment, prevent abuse and advocate the rights and dignity of those experiencing health, disability and aging challenges. The Council serves 75,000 people annually with 48 staff members and 280 volunteers. To tour the Council call 714-479-0107, the Council is looking for people to volunteer or contribute.Details
Under the right conditions, about 33% of all seniors in this country could qualify for up to $1,843 a month in additional income from the Department of Veterans Affairs. This money can be used to pay just about anyone to provide elder care services at home. As an example, these funds can be used to pay children, other relatives, friends, home care companies, or domestic workers.Details
As a consumer you want to be prudent and compare your reverse mortgage options. Even with internet access, it is difficult to know what all your options are. You can go down to your local bank and ask about reverse mortgages; unfortunately …..Details
Aliso Viejo is a city in Orange County, California, United States. As of the 2000 census, Aliso Viejo population was 40,166. Aliso Viejo became Orange County’s 34th city on July 1, 2001, and has been the only city in Orange County to incorporate since 2000. It borders the cities of Laguna Beach, Laguna Hills, Laguna…Details