047: The Elder Care Journey – Part 1: Different Types of Elder Care Explained
Release Date: 09/08/2020
065: Diablo Valley Foundation for the Aging: A Valuable Community Resource
Absolute Trust Talk
In today’s episode of Absolute Trust Talk, Kirsten sits down with Jody Iorns, Executive Director of the Diablo Valley Foundation for the Aging (DVFA). DVFA is a nonprofit that has been providing services to seniors in Contra Costa County since 1975. Kirsten and Jody dive into the organization’s history and break down all the benefits and support provided to seniors and their families to maintain quality of life. Where you’re local to the area or not, this is an episode you don’t want to miss.
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064: Trust Failures: Don’t Let This Happen to You
Absolute Trust Talk
In a new episode of Absolute Trust Talk, Kirsten sits down with fellow Absolute Trust Counsel attorney Madison Gunn. As a fellow expert, Madison joins Kirsten to discuss some of the most common trust administration failures and what you need to do to avoid these issues with your own estate plan. No matter what stage of the trust administration journey you’re in, you’ll want to listen to this podcast and protect the future of your legacy and your beneficiaries.
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063: Aging in Place: It Takes a Village
Absolute Trust Talk
In a new episode of Absolute Trust Talk, Kirsten sits down with board-elected president Larry Toy of Lamorinda Village. Lamorinda is a 501(c) (3) non-profit developed as a community-based network of people ages 55 and older that offers support and connections to help older adults stay connected and thriving while aging in place. Larry and Kirsten dive into the programs and services that the village offers as well as how people can join and get involved.
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062: Hiring Home Caregivers: Know the Law
Absolute Trust Talk
In a new episode of Absolute Trust Talk, Kirsten sits down with Jon Babione of Ferber Law. He practices in a broad range of employment matters, including discrimination, harassment, wrongful termination, and wage and hour claims, in the state and federal courts and the office of the Labor Commissioner. Jon and Kirsten discuss the requirements involved, and Jon provides some best practices to follow when hiring a caregiver to avoid any legal issues.
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061: Keys to a Successful Transfer of Wealth
Absolute Trust Talk
In this Absolute Trust Talk episode, Kirsten sits down with Richard Del Monte of the Del Monte Group to discuss the underlying reasons why wealth transitions so often fail. They also look at the tools and processes he recommends for families who want to avoid that fate. With more than 35 years of experience, Richard excels in guiding clients through challenging life transitions and finding ways to make seemingly out-of-reach financial goals become a reality.
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060: Navigating the World of Senior Living Communities
Absolute Trust Talk
In a new episode of Absolute Trust Talk Live, Kirsten sits down with placement expert Juliane Bigelow, founder of CareQuest, a local placement agency helping families in Alameda and Contra Costa counties. Listen in to hear a thorough discussion on all the options available, what kind of care is available, general costs, and more. No matter where you are in the planning or decision process, this episode will highlight all the factors you should consider.
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059: Resolving Family Conflict Through Elder Mediation
Absolute Trust Talk
In a new episode of Absolute Trust Talk, Kirsten sits down with Katharina Dress, MA. A mediator and facilitator who specializes in helping families understand each other’s viewpoints, reach an agreement, and ultimately make the best decisions about care and planning for aging loved ones and their families. Listen in to learn more about the issues Katharina sees among family members, what causes tension, and some of the approaches she uses to resolve conflict successfully.
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058: The Importance of Guardianship in Your Estate Plan
Absolute Trust Talk
In a new episode of Absolute Trust Talk Live, Kirsten discusses the different types of guardianship in California, the process of guardianship, factors to consider when choosing a guardian, and more. Naming a guarding for your child(ren) and the work that goes along with it is largely misunderstood. Tune in to get the facts and find the right next steps for including guardianship in your estate plan.
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057: Estate Tax Returns: Why You Might Want to File Anyway
Absolute Trust Talk
In a new episode of Absolute Trust Talk Live, Kirsten sits down with CPA Margaret Schopp. Margaret’s firm, Schopp & Co., focuses on trust and estate tax returns, including Form 706 for (portability). Listen in as Kirsten and Margaret break down the estate tax return process, discuss how to calculate it, and review the significant benefits as well as some common mistakes to avoid. Even if you don’t meet the current estate tax exemption, you might want to file anyway.
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056: 5 Mistakes to Avoid When Moving Senior Parents
Absolute Trust Talk
In a new episode of Absolute Trust Talk Live, we are thrilled to welcome Seniors Real Estate Specialist Dayna Wilson of Keller Williams. Dayna and her team have over a decade of experience providing comprehensive senior-friendly transition services, handling virtually every facet of the process. Today, she dives into what that process looks like, why and how to start planning now, tips on communicating with parents, and strategies for a successful move.
info_outlineThe elder care journey is called a journey for a reason. It’s not linear, and many times people won’t know what will happen to them as they age. And while it is hard to predict, it’s not impossible to plan for, but it is essential to recognize that the type of care needed and how that care is paid for is a large part of the journey to help an older adult thrive.
In a new episode of Absolute Trust Talk LIVE, Kirsten discusses part one of the elder care journey that organizes and breaks down the different types of care available. We will discuss different scenarios, how each level of care applies, and, most importantly, how to pay for the different types of care needed. No matter where you or someone you know is in the journey, it’s important to address these topics should the need for care arise, so we hope you will take some time to listen in and share this with your loved ones.
Big Three from Episode #047:
- The elder care journey is when a loved one starts to need more advanced help and medical care.
- Family members are just as much a part of the journey as the elderly family member.
- While the elder care journey is not linear, thinking about the progression as four different levels of care will help you understand the types of care available.
Time-stamped Show Notes:
0:28 – What is “the elder care journey”?
1:38 – Why do families need to think about this journey?
3:50 – What are the types of elder care available? How do you pay for it?
7:23 – Phase two of elder care tends to look like this.
8:46 – Who is our “go-to” for personal care/help for an older family member?
14:39 – What are the activities of daily living? How do they put an elderly family member in another level of care?
18:15 – What is boarding care?
20:20 – What is memory care?
23:55 – Kirsten shares more about a resource specific to veterans.
24:51 – What happens if an elderly family member needs care 24/7?
28:12 – Medi-Cal doesn’t kick in until this level of care.
Resources/Tools/Links Mentioned in This Episode:
Absolute Trust Talk Ep. 033 Learning the Language: Long-Term Care Insurance
[Ad] No one knows what will happen as they age, but that doesn’t mean you don’t need to be prepared. At Absolute Trust Counsel, we can help explore the available options that best meet your needs, so that if incapacity or elder care is needed, your life and the lives of your family members can proceed as desired. Schedule a free discovery call today, and let’s discuss how to protect your elder care journey.