Today was an emotionally draining day. I had four appointments – one regarding an update to an existing Living Trust, and three having to do with senior parents in their 80’s whose health is declining. Plans had to be made for the senior’s long-term care, and paying for that expensive care. Yes, the parents already had existing estate plans from years ago. They had planned on “avoiding probate” if they died. But they did not plan on being elderly, ill, having memory loss, and needing full time expensive care. Their lives were changing drastically, and the adult children had decisions to make.
These seniors were in danger of losing their life savings and homes due to long-term care costs. These once strong and mentally sharp parents were now elderly and dependent on their adult children…yet they were trying desperately to stay independent. Each consultation was heart wrenching and somewhat similar: Mom and/or Dad, in their 80’s, is stubborn, and firmly believe they can still be independent. They refuse to look at the facts – repeated falls, failure to eat properly, mixed up medications, forgetfulness, needs constant supervision, etc. The adult children have their hands full, and need guidance and information. The adult children must make the right decisions for their parents — their parent’s life-savings, health and well-being depend on it. The children must understand the options, and have a plan. VA Benefits, Medi-Cal, Asset Protection Trusts, how to pay for the expensive care without using all the parent’s funds – much rides on the adult child’s decisions.
Some day, I will no longer be independent – I will need caregivers and help, just like my clients and their families. I will likely be stubborn, not see myself and my needs clearly. I pray my adult children will take their future job seriously, and make the right decisions about my care needs, and paying for that care. They should only make these important decisions after getting all the correct information from an Elder Law Attorney.
The McNamara Law Firm may be reached at 661-210-8232, or visit www.theMcNamaraLawFirm.com, and www.VAbenefits4seniors.com.