Are You Ready to Pay a Nursing Home $100,000 A Year?
If you’re anything like our clients, the answer is an emphatic no. But actually, the cost of long-term care is just one of the issues seniors are forced to confront as they age. Indeed, our clients constantly tell us that they want to gracefully age in place, not become a burden on their children, and live out their golden years on their own terms. The instinct to retain control over one’s life, finances and health care is certainly fundamental and important for all of us. Unfortunately, though, without proper planning, aging and living life in the manner most seniors want, is probably not going to happen.
There are a number of reasons senior’s goals become frustrated as they age. Perhaps the most crucial issue involves housing, however. That is, most seniors don’t like the idea of moving out of their home. But as seniors age, it’s often impossible for them to remain at home because seniors generally need an elevated level of care. Incidentally, this is when loved ones usually step in to try and help in various ways. But what they soon figure out is that the long-term care “system” is fragmented, disjointed and inefficient. Unfortunately, the hodgepodge of benefits available through Medicare, Medi-Cal and social security are not enough to address the many and varied financial, medical and psychosocial needs of our ever-aging population.
Paradoxically, what we consistently find is that most families believe if they have a good estate plan and are covered by Medicare as well as social security, that they have nothing to worry about. But that simply isn’t true. Most estate plans – while great for avoiding probate – do nothing to help seniors live where they want, without spending their life savings. Similarly, Medicare only covers a few days of nursing care, while social security barely pays for necessities. Despite all this, most assisted living, residential care facilities and nursing homes are virtually full. Clearly, there is a disconnect happening between what people want and what they get. Fortunately, for seniors to live in the manner they want, without outliving their money, they simply need to create a great elder law plan. That’s where we come in. At Kaiden Elder Law Group, we help seniors get the best medical care possible, we help them stretch out their resources so that they can age gracefully, and when life throws them a curve ball, we tirelessly advocate on their behalf.
To ensure peace of mind for your loved ones, contact Randall F. Kaiden, Esq., at Kaiden Elder Law Group, to set up a Life Care Plan at 661-247-8433, or via our website: www.kaidenelderlaw.com.
ADVERTISE WITH US
51st Annual Frontier Toyota Henry Mayo Golf Classic Tee Up For A Good Time
Henry Mayo Newhall Hospital’s signature fundraising event is in full swing, we look forward to seeing everyone on Saturday, May 11th! The 51st Annual Frontier Toyota Henry Mayo Golf Classic will be held at the beautiful Valencia Country Club Our Golf Classic benefits...
Travel the World in 2024 with “Celebrate” Journey to New Destinations Monthly at the Canyon Country Community Center
There is so much to learn from different customs and cultures and you don’t need a plane ticket to experience it all. The Celebrate event series is back for its anticipated third year and offers insights into unique destinations from around the world. Every...
Monthly Message from Mayor Cameron Smyth Buckle up for the 2024 Cowboy Festival!
The aroma of savory barbecue wafting through the air, the joy of line dancing with friends and the chance to travel back in time to the Wild West are all experiences that make the City of Santa Clarita Cowboy Festival so unique. April 20 marks the return of...
ABOUT THE MAGAZINE
Santa Clarita Magazine has set a high standard for excellence in advertising for over 34 years. A family owned and operated business, Santa Clarita Magazine has grown with the Santa Clarita Valley since 1990 and become the #1 place to advertise locally.
FOLLOW US
SANTA CLARITA MAGAZINE
PO Box 801570
Valencia Ca 91380
For Advertising information
Call or Text: 1 (661) 294-4444