Neighborhood House Provides Refuge... from Sheltering in Place

What You Have HeardAsk yourself, was the info you heard from a Certified Medicaid Planner?Medicaid Misconception #1 - You can only have $2,000.FACTSSingle applicants have a resource limit of $2,000. (in 2024) A married applicant has a resource limit of about $150,000. (in 2024)Medicaid Misconception #2 - Your home will be taken from you if you are on Medicaid.FACTSAll applicants are allowed to have 1 home and 1 car. There are ways to avoid Medicaid estate recovery, an applicant can receive Medicaid and keep their home.Medicaid Misconception #3 - You make too much money.FACTS If you are over the income limit, Beneficent can provide the legal steps using the Medicaid code to bypass being over the income limit.Medicaid Misconception #4 - You must spend down to $2,000 to qualify for Medicaid.FACTSThis is an option, however not your only option. If you want to preserve the hard-earned assets you or your loved one has worked their entire life, you can!Medicaid Misconception #5 - Why doesnt everyone apply for Long-term Care Medicaid if the other outcome statements are true?FACTSMany are deceived by misinformation and preconceived notions. There's a game-changer you need to know about - Certified Medicaid Planners (CMP) - we know the rules and regulations.You can find all the CMPs in the United States here, (https://cmpboard.org/locate-a-cmp/)  there arent too many of us! Need to schedule an appointment with one of our Certified Medicaid Planners at Beneficent? Book here (https://calendly.com/doinggoodforothers) or call our office (719.645.8350) for more appointment times.

In the heart of every family caregivers journey lies the challenge of making difficult decisions that are in the best interest of their loved ones, especially when it involves introducing new routines such as adult day.The initial resistance encapsulated in sentiments like My dad or my husband wouldnt like adult day care. Its just not for him. He wouldnt like something like that, is a common obstacle many families face.Yet, overcoming this hesitation is not just possible; it can open doors to enriching experiences that enhance the quality of life for both caregivers and their loved ones. Heres how to gently navigate these waters and turn reluctance into acceptance.Understanding the ResistanceFirst, its crucial to understand why there might be resistance to adult day care. For many older adults, the idea of adult day may conjure feelings of lossloss of independence, familiarity, and control over their daily lives. Its also possible that misconceptions about what adult day is might be at the heart of their resistance.Educating and ReassuringEducation is a powerful tool in overcoming objections. Begin by gathering information about local adult day programs, focusing on aspects that align with your loved ones interests and needs.Many centers offer a variety of activities, including physical exercises, art classes, music therapy, and social events that can be highly beneficial and enjoyable for members. This may even include woodworking, racing RC cars, playing poker or other fun activities that cater to different individual needs.Share stories and testimonials from other families who have had positive experiences with adult day care. Hearing about others who had similar reservations but ended up thriving can be incredibly reassuring.Its also helpful to emphasize the benefits that come with adult day, such as social interaction, enhanced mental stimulation, and the opportunity to maintain or even improve cognitive and physical abilities.Personalization and InvolvementPersonalize the approach by involving your loved one in the process as much as possible. Discuss what activities they might enjoy and select a club that offers these options. Some centers may allow you to customize a schedule or participate in free trial days, which can help ease the transition.Address Emotional ConcernsAcknowledge and validate your loved ones feelings about adult day care. Its important to have open and honest conversations about their fears and concerns. Reassure them of your support and the positive aspects of adult day, highlighting how it can enhance their independence rather than diminish it.Gradual IntroductionConsider a gradual introduction to adult day. Starting with a few half-days a week can help ease the transition and reduce anxiety. This approach allows your loved one to slowly adjust to the new environment and routine while giving them the opportunity to see the benefits firsthand.Emphasize FlexibilityRemind your loved one (and yourself) that decisions arent set in stone. Emphasizing the flexibility to change plans or adjust schedules can help alleviate some of the pressure and make the idea of adult day care less daunting. Overcoming the objection to adult day care requires patience, understanding, and a gentle approach. By educating, reassuring, and involving your loved one in the decision-making process, you can help them see adult day care not as a loss, but as an opportunity to enhance their life.Remember, the goal is to support their well-being and independence in a way that respects their preferences and needs. With the right approach, adult day care can become a positive experience that enriches the lives of all involved. Caring for a loved one? We are here to help, whether you need help at home or need a little break during the day! Take a break and enjoy peace of mind knowing your loved one is having the time of their life! ActivAge Senior Care, offers Daytime Senior Care and In-Home Care. To learn more, please call (941) 205-7722 or visit ActivAgeCare.com. Port Charlotte: 3626 Tamiami Trail, Port Charlotte, FL 33952, Sarasota: 3801 Bee Ridge Road, Sarasota, FL 34233. Home Care:  Serving Charlotte & Sarasota County

What do you know about testamentary trusts?A trust protects your assets and determines where those assets will go once you are gone. Three common types of trusts are a revocable trust, an irrevocable trust, and a testamentary trust.Most trusts, like revocable and irrevocable trusts, are made and actively used while the trustor (or the creator of the trust) is still alive. In contrast, a testamentary trust only comes into being after the trustors passing. A testamentary trust is created based on explicit instructions written into a will. In it, a trustee, (or the person who manages the assets on behalf of beneficiaries of the trust) is appointed and given instructions on how to distribute the estate. The trustee can decline the position. If a trustee does decline the position, a court can appoint someone to act as trustee. It is best to select a trustee that is willing and able to administer your estate after you are gone in order to limit the courts involvement. Advantages of testamentary trusts:There are many advantages to creating a testamentary trust. The following are reasons that you may want to consider setting up a testamentary trust.1. A testamentary trust can establish that assets cannot be paid to beneficiaries until certain conditions are met. This is especially helpful for parents who wish to condition the receipt of funds for children. For example, you may condition the disbursement of assets on a child reaching a certain age, graduating from college, or marriage. 2. A will can have more than one testamentary trust, meaning that there is no limit to the number of beneficiaries one can have. This ensures that assets will get distributed according to your desires, depending on the conditions you set. 3. Creating a testamentary trust is inexpensive. A testamentary trust does not come with the same costs as establishing a living trust. This can be beneficial if you cannot afford to establish a trust because the cost of creating a testamentary trust comes out of the estate. 4. There are tax benefits in using a testamentary trust as opposed to another type of trust. Testamentary trusts only require payment of income taxes on the trust as a whole. This means that the beneficiaries are not required to pay taxes on their distributions from the trust.Disadvantages of testamentary trusts:There is one major downside to establishing a testamentary trust: a testamentary trust must go through probate. Probate is the court procedure by which assets are distributed after an individual has passed away. Probate can be extremely expensive and lengthy. Assets cannot be distributed until probate is complete and assets are then transferred into the trust.Knowing what type of trust is right for you can seem confusing and difficult. We are here to help you decide what plan is right for you based on your individual circumstances and needs. If you have any questions about how to plan for your future and the future of your loved ones, contact us today at 385.334.4030 or email@skvlegal.com.