The area of Elder Law is often misunderstood and has been the focus of much discussion over the years. Simply stated, Elder Law is the synchronization of various professional fields: Estate Planning, Social Security / Medicare, Arrangements of Care, Financial Planning, Pre-need Arrangements, Conservatorships, and Tax Planning. There are many more professional fields that may come into play when determining the best options to preserve assets, stay in control, and maintain quality of life. Our focus centers on advocating for the aged population and their loved ones. We achieve and maximize results by providing and engaging in a collaborative forum that offers expert advice by professionals in each of the required professional areas that brings synergy to any well evaluated plan.
Fact or Fiction
- 15,000 boomers turn 60 everyday (True)
- You can give each of your children/grandchildren up to $113,000 per person per year without affecting Medi-Cal eligibility (False)
- A Will can protect your assets (False)
- Children with parents who have Alzheimer’s disease create a $60,000,000 drain on corporate productivity (True)
The baby boomer generation is transforming the largest population of the elderly in the history of the world. Starting in 2010 the number of elderly will grow from 40 million to 70 million by 2030. Are any of us really prepared for handling our parents’ aging – or even our own aging? Being prepared can be relatively simple and economical if you start early. Give us a call at Bartsch Law (925.456.6001) and talk to an Elder Care Advisor today.