026: Expert Advice on Geriatric Care with Linda Fodrini-Johnson
Release Date: 04/08/2019
131: Drafting a Comprehensive Power of Attorney: What You Don't Know CAN Hurt You
Absolute Trust Talk
Typically, when we think of estate planning, we only consider planning for after death. But what happens if you become incapacitated? That’s where a Power of Attorney enters the picture. Incapacity planning is a significant component that is just as important, if not more important, than most other aspects of estate planning. Think about it. If you’re in the hospital, you don’t want to wait for your loved ones to go to court to access your funds to pay for care. You want care right away! So, in this episode of Absolute Trust Talk, we’re addressing all the major ups and downs we’ve...
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130: Exploring the OJ Simpson Estate: Probate and Creditor Claims
Absolute Trust Talk
You know of the infamous murder trial involving OJ Simpson and the Goldman and Brown families that took place in the 90s. And in case you happened to miss the news, Simpson passed away recently, stirring up the family conflicts all over again. Here at Absolute Trust Talk, we have an affinity for celebrity estate drama, mainly because of the important estate planning lessons we can take away. While the exact details of OJ's estate structure remain unknown, the estate will probably undergo probate due to the presence of creditors. Listen in as we cover all the details we know so far and share...
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129: Estate Planning Strategies to Reduce Family Conflict After Death
Absolute Trust Talk
Family conflict after a loved one has passed is very common, but that doesn’t mean it can’t be avoided. In our years of experience in estate planning, we’ve seen many different scenarios play out and have a thorough understanding of the nuances that tend to cause these conflicts. The number one reason for disputes over a trust lies in the feeling that it is not fairly divided. While Mom and Dad or Aunt Sally can set up their estate however they wish, often, a simple conversation with family can go a long way to clarify why certain decisions were made. In this episode of Absolute Trust...
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128: Revocable or Irrevocable Trust: Which is Right for Me?
Absolute Trust Talk
When we first begin working with a client who is setting up their estate plan and, more specifically, building a trust, the number one question we always get is whether they need a revocable or an irrevocable trust. For us, this is always an interesting and fun conversation because as soon as the client hears the difference, they immediately know which tool they need. Not to give it all away, but the standard option is the revocable trust; however, there are certain instances in which the irrevocable trust is needed—there is no one-size-fits-all approach to estate planning. So, which...
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127: Understanding Multigenerational Estate Planning Part 2
Absolute Trust Talk
Welcome back! In our last episode of Absolute Trust Talk, we were joined by expert psychotherapist and certified coach Tess Brigham, MFT, BCC, to discuss the differences between generations and, more specifically, examine the unique dynamics between Baby Boomer parents and Millennial children. In this episode, we continue our conversation with Tess, focusing on the interactions between Gen X parents and Gen Z children. These two generations are very interesting as Gen Xers were heavily influenced by events like the Persian Gulf War, the women’s movement, and high divorce rates. As Tess...
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126: Understanding Multigenerational Estate Planning Part 1
Absolute Trust Talk
The battle between the generations is real and seems to be everywhere. Yes, generational divides even play a role in estate planning. In fact, estate plans nowadays are built around more diverse and multigenerational families than ever before. In this new episode of Absolute Trust Talk, we are joined by psychotherapist and certified coach Tess Brigham, MFT, BCC. Tess specializes in helping young adults discover their unique life path to enter the world and make an impact. Join us as we discuss how the generations are defined, what makes each one unique, and how these factors influence estate...
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125: Cher Files for Conservatorship of Son Elijah Blue Allman Over Alleged Substance Abuse
Absolute Trust Talk
Recently, the entertainment world has been abuzz with numerous high-profile conservatorship battles, and the latest to emerge involves iconic singer Cher. She has initiated a conservatorship petition concerning her son, Elijah Blue Allman, aiming to oversee the financial benefits he inherits from his father, the late Greg Allman's trust. Legal filings state the urgent need for a conservator to safeguard Elijah's estate against potential damages or losses, citing his inability to manage his finances due to significant mental health and substance abuse challenges. Tune into a new episode of...
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124: Beach Boys Founder Brian Wilson Suffering from Dementia as Reps Seek Conservatorship
Absolute Trust Talk
When you think of the Beach Boys, what comes to mind? We’re betting it’s not a complicated conservatorship case. Unfortunately, that’s what’s happening with the Beach Boys Founder, Brian Wilson. Mr. Wilson’s long-time wife had been his healthcare directive, but with her recent passing, it was discovered that no one was ever named as a backup. Now, the question is not only who will pick up her role as Mr. Wilson’s healthcare directive, but how. With Brian Wilson being considered unable to make these decisions for himself due to dementia, the solution is not a simple one. Tune in to...
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122: The Costly Truth of Ignoring Estate Planning Like Jay Leno
Absolute Trust Talk
You may have heard the recent news that Jay Leno filed a conservatorship over his wife, Mavis Leno’s estate. The couple does not have an estate plan, and his goal is to gain special permission from the court to set up a plan for both of them. As Kirsten and Madison point out, the main issue is not what happens if Mavis dies but instead if Jay were to die first. Given that Mavis is already incapacitated, who will manage their assets and decision-making? We hope you will join us for this discussion that underscores just how important it is to have an estate plan in place to avoid the costly...
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123: Why Can't I Change My Trust After My Spouse Passes Away?
Absolute Trust Talk
At Absolute Trust Counsel, one of the pieces of advice we like to shout from the roof tops is that people need to keep their estate plans up to date! We constantly find people who fail to do so. In many cases, we can fix the challenges that arise, but sometimes, it may not be possible, and we must navigate a more difficult path. In this specific episode, we are going to focus on AB Trusts and the issues that typically arise. It happens more than you might think - often, when a spouse dies, the widow(er) later finds out their joint trust is set up in a way that requires them to split the trust...
info_outlineAre you struggling with your aging or taking care of an older loved one? Aging can be overwhelming, but you and your loved ones don’t have to stop living life to the fullest, just because getting older throws you a curveball or presents challenges. If you have the right guidance, direction, navigation, and sound advice from the get-go, you, your family, and your loved ones don’t have to suffer.
In today’s episode, Kirsten welcomes Licensed Family Therapist, certified Professional Care Manager, and founder of Eldercare Services, Linda Fodrini-Johnson, to the show. Linda has become a pioneer in geriatric care management, not just in the greater Bay Area, but across the country, with her firm becoming one of the largest care management and home care agencies, which is now celebrating 30 years of practice.
Kirsten and Linda will explore what geriatric care is, the available resources, and how you and your family can formulate a plan to move forward with long-term care, no matter what stage of planning you and your loved ones are in. Are you ready to continue living a comfortable, fulfilling life? Or, help a loved one who deserves to? Then it’s time to press play and listen in!
Highlights from Episode #026:
- Life doesn’t have to end. You can bring joy to your life and continue to live a FULL life if you have good direction and navigation.
- Don’t be penny-wise and pound-foolish.
- Get good advice in the beginning.
Time-stamped Show Notes:
3:06 – Linda shares what geriatric care is and the other resources that her company, Eldercare Services, provides.
4:55 – Kirsten asks her to share how she got into eldercare.
6:24 – Linda highlights what an aging lifecare associate is.
11:21 – What are standard areas of knowledge that an individual needs to have, to be in this type of profession?
14:45 – Linda shares what families need to think about when it comes to quality of life for an aging parent.
19:07 – What are some transitions that families have to plan for with long-term care?
27:40 – What happens when a parent transitions into a child’s home?
35:04 – Linda and Kirsten discuss the importance of a trial run.
39:00 – How eldercare services can help a family save money
Episode #026 Freebie: Mom is Moving In – The Rewards, Concerns and Realities
It’s great that you have the opportunity to take care of a family member or loved one, and it may seem like the best option at the moment, but when it comes down to it, have you stopped to think about how it will impact daily living? Today’s guest, and geriatric care expert, Linda Fodrini-Johnson, is sharing with listeners her checklist resource, “Mom Is Moving In – The Rewards, Concerns, and Realities.” This is a valuable tool in helping you to think about and explore important aspects of having a loved one move in. Click here to download your copy.
Resources/Tools/Links Mentioned in This Episode:
Eldercare Services
1808 Tice Valley Blvd
Walnut Creek, CA 94595
(866) 587-4930
https://eldercareanswers.com[/vc_column_text][/vc_column][/vc_row]