According to the U.S. Census Bureau, the number of Americans age 65 and older will double in the next 20 years. This means that:
1. Millions of adult children will be exposed to the demands of caregiving as their parents age; and
2. Spouses will become caregivers as their elderly husbands and wives suffer the effects of advanced age.
Taking control of an ill or incapacitated senior’s finances, medical care, and living situation is difficult and often overwhelming. Care costs continue to rise, making it more expensive to provide supervision, assistance, and care to our seniors.
As our population ages, more and more adult children and spouses will be faced with the challenges of providing appropriate care for their elderly loved ones. Because of the great expense (which is not covered by insurance), it is critical to understand the options and benefits that may be available to help pay for this care. Medi-Cal, Veterans benefits, and other services and resources must be explored. As California braces for changes in Medi-Cal laws, it is more important than ever to plan now, in advance, so these benefits may be obtained in the future. Please view our video at www.janemcnamara.com regarding issues pertaining to your senior loved one. You may also find www.vabenefits4seniors.com helpful regarding VA benefits which may be available to assist with care costs.
For more information, please call the Law Office of Jane M. McNamara at 661-287-3260.