Medi-Cal is a needs-based program that will pay, depending on the circumstances, for all or part of a person’s care at a skilled nursing facility. Because the program is needs-based, the applicant must demonstrate s/he has limited resources. Some assets are considered...
If you or a loved one is faced with a diagnosis that may require long-term care, the considerations and decisions may feel overwhelming. It is less stressful — and you will be able to make better decisions for yourself — if you research your options and...
Recently, several of our senior clients have mentioned they neglected to take the required minimum distribution (RMD) from their IRA. It is important to know that the IRS penalty for this mistake is severe. The penalty is 50% of the RMD plus any income tax you owe on...
Recent Comments