• Our Promise to You During COVID-19/Coronavirus
    • Skip to primary navigation
    • Skip to main content
    • Skip to primary sidebar
    • Skip to footer
    • Home
    • Who We Are
      • About Our Firm
      • Attorney and Staff Profiles
      • Scott P. Schomer Certified As Specialist In Estate Planning, Trust And Probate Law
      • Trust and Probate Litigation: Verdicts and Settlements
    • Services
      • Legacy Planning
      • Probate
      • Asset Protection & Business Planning
      • Trust Administration
      • Trust, Probate and Estate Litigation
      • Estate and Gift Tax Figures
      • Family-Owned Businesses
      • IRA & Retirement Planning
      • LGBTQ Estate Planning
      • Loss of a Loved One
      • Power of Attorney
      • SECURE Act
      • Special Needs Planning
      • Young Families
    • Probate
      • Is Probate Always Necessary In California?
      • Why Hire A Probate Attorney
      • Probate Administration
      • Probate & Estate Planning Savings Calculator
      • Probate Code 850 Petitions
      • Probate Disputes
      • Probate In California
      • Probate Laws
      • Probate Litigation
    • Elder Law
      • Conservatorship
      • Coping with Alzheimer’s
      • Estate Planning
    • Resources
      • Elder Law
        • Elder Law & Medicaid Definitions
        • Elder Law Reports
      • Estate Planning
        • Estate Planning Articles
        • Estate Planning Checkup
        • Estate Planning Definitions
        • Estate Planning Reports
          • Advanced Estate Planning
          • Basic Estate Planning
          • Estate Planning for Niches
          • Trust Administration
        • Incapacity Planning Definitions
        • Is Your Estate Plan Outdated?
        • Special Needs Planning Can Protect Benefits
        • Top 10 Estate and Legacy Planning Techniques
      • Free Estate Planning Worksheet
      • Free Seminars
        • Webinars
      • Frequently Asked Questions
        • Advance Health Care Directives
        • Asset Protection
        • California Adult Conservatorship
        • Estate Planning
        • Estate Planning & Remarriage
        • Frequently Asked Questions For Families Without An Estate Plan
        • Incapacity Planning
        • In-Home Elder Care
        • IRA Inheritance Planning
        • IRA & SECURE Act
        • Irrevocable Trust
        • Legacy Wealth Planning
        • LGBTQ Estate Planning
        • Living Trust
        • Probate
        • Social Security & Medicare
        • Special Needs Planning
        • Trust Administration
        • Wills
      • Newsletters
      • Pre Consultation Form
      • Presentation
      • Published Book
      • Trust Administration & Probate Resources
        • Bereavement Resources
        • How to Know if You Need Extra Help With Your Grieving
        • Loss of a Loved One
        • The Mourner’s Bill of Rights
        • Things You Need To Do When a Loved One Passes Away With a Trust
        • Things You Need To Do When a Loved One Passes Away With a Will
        • Trust Administration & Probate Definitions
    • Reviews
      • Our Reviews
      • Review Us
    • Communities We Serve
      • Los Angeles County
        • Bellflower
        • Cerritos
        • El Segundo
          • El Segundo Probate Resources
        • Hawthorne
        • Inglewood
        • Long Beach
          • Long Beach Elder Resources
          • Long Beach Probate Resources
        • Manhattan Beach
        • Playa del Rey
        • Santa Monica
        • Westchester
          • Westchester Elder Resources
          • Westchester Probate Resources
      • Orange County
        • Anaheim
        • Buena Park
        • Cypress
        • Fountain Valley
        • Garden Grove
        • Huntington Beach
          • Huntington Beach Elder Resources
          • Huntington Beach Probate Resources
        • Los Alamitos
          • Los Alamitos Probate Resources
        • Rossmoor
        • Stanton
        • Seal Beach
        • Westminster
    • Contact Us
    • BLOG
    • Videos

    Schomer Law Group, Los Angeles Estate Planning and Elder Law and Elder Law Attorneys

    Schomer Law Group, Los Angeles Estate Planning and Elder Law and Elder Law Attorneys

    Connect With Us Today (310) 337-7696

    Attend a Free Webinar
    Home » Elder Law » Aging in Place With a Medi-Cal Waiver

    Aging in Place With a Medi-Cal Waiver

    October 5, 2021Elder Law

    Medi-Cal waiverYou should anticipate the physical challenges that you may face when you start to reach an advanced age. The vast majority of seniors will need help with their daily needs, and this is an inconvenient fact of life.

    If you make preparations in advance, there will be no surprises, and you will be able to manage the transition effectively.

    Aging in Place

    A lot of people that move into assisted living communities do so because of the way the living spaces are constructed. There are features that make life easier for people that have mobility challenges.

    At the same time, a lot of people would prefer to remain in their homes because of the warmth and familiarity. You can also maintain relationships with neighbors that you have gotten close with over the years.

    Aging in place is a building concept that has become quite refined. There are many different types of upgrades that can be made to adapt your living space to suit your needs.

    These would include smart home technology, motion sensor lighting, handrails, grab bars, slip resistant flooring, door levers, motion sensor faucets, and on and on.

    The initial changes can be a start, and as time goes on, you can adapt the space to match your needs. Aging in place modifications can be made in your own home, and sometimes adult children will make changes in their homes to accommodate parents that need living assistance.

    In-Home Care Costs

    Family members, neighbors, and friends can provide the help that is needed in some cases, but everyone is not so lucky. Plus, even if you have been receiving help from people that you know, at some point, professional assistance may be needed.

    In 2020, the median charge for an in-home health aide in the Los Angeles area was $5529 a month or $66,352 a year. This represents a 5.45 percent increase over the 2019 costs, so you may be looking at a considerably higher number if you need in-home care in 20 years.

    Medicare does not cover in-home custodial care, and it will not pay for a stay in a nursing home, so this is not the answer.

    Medi-Cal Home and Community Based Services Waiver

    Medi-Cal will cover custodial care if you can gain eligibility, but there is a $2000 asset limit. There is also a Medi-Cal Home and Community Based Services Waiver program that will address in-home care costs.

    You could potentially give assets to family members to qualify for the Medi-Cal waiver, but there is a 30 month look back period. The divestitures must be completed at least 30 months before you apply for Medi-Cal.

    Many seniors rely on income that is generated by assets that they have invested, so they are not in a position to give away the source of the income while they are still living independently.

    If you are in this position, you could convey assets into an irrevocable Medi-Cal trust. The principal would not count if you do not violate the look back rule, but you would be able to accept distributions of the principal while you are living at home.

    Speaking of home, a home is not a countable asset. However, there is a Medi-Cal estate recovery mandate, so the program can place a lien on your property after your death. With this in mind, you could convey your home into the trust as well, and it would be protected.

    Take Action Today!

    If you take the right steps in advance, you can live comfortably secure in the knowledge that you have a plan to address living assistance. The best way to proceed will vary, so we can gain an understanding of your situation and make the appropriate recommendations.

    You can set up an appointment at our Los Angeles estate planning office if you call us at 310-337-7696, and you can fill out our contact form if you would prefer to send us a message.

    • Author
    • Recent Posts
    Cesar Gil
    Latest posts by Cesar Gil (see all)
    • What Happens If I Leave Property Out of My Living Trust? - December 21, 2021
    • Answer These Questions to Shape Your Estate Plan - December 8, 2021
    • What Are the Medi-Cal Rules for a Healthy Spouse? - December 6, 2021

    Other Articles You May Find Useful

    Los Angeles elder law attorneys
    5 Reasons You Might Need an Elder Law Attorney
    Abogados de la ley de ancianos de Los Ángeles
    5 Razones por las que Podría Necesitar un Abogado de la Ley de Ancianos
    Los Angeles elder law attorneys
    How to Choose the Best Nursing Home for a Parent
    Los Angeles elder law attorney
    Providing Care from Afar
    Medi-Cal planning
    What Are the Medi-Cal Rules for a Healthy Spouse?
    Medicare Part B premiums
    2022 Medi-Cal Part B Premium Has Been Determined

    Primary Sidebar

    Schomer Law Group, Los Angeles Estate Planning and Elder Law Attorneys

    Schomer Law Group

    FREE Estate Planning Worksheet

    There's a lot that goes into setting up a comprehensive estate plan, but with our FREE worksheet, you'll be one step closer to getting yourself and your family on the path to a secure and happy future.

    Testimonials

    Client Review
    July 29, 2020
        

    We need to update our Living Trust and attended Schomer Law Group’s seminar. Afterwards we made an appointment and were impressed by the attention Scott Schomer and Liran Aliav gave to our case answering all questions and making suggestions how to minimize the estate tax. All the office staff is very friendly and we highly recommend Schomer Law Group.

    Frank & Jutta R
    Client Review
    July 29, 2020
        

    Mr. Schomer does an amazing job at explaining all the intricacies of establishing a trust. He and his team help you every step of the way so you always know what to expect and what you are preparing for. Best education you can get and the best gift you can give your family.

    Paula M.
    Client Review
    July 29, 2020
        

    We put off getting a trust for years. After attending a seminar with Scott Schomer we realized that the time had come to get a trust. We were given very good reasons for why we should get a trust. No pressure, just the plain facts. We are very relieved and happy to finally get our trust. Scott and Cesar were very knowledgeable, helpful and listened to our ideas of what we had to say. Any questions that we have now and in the future they are available to assist us to solve them. I recommend the Schomer Law Group and I wish we knew about them years ago.

    Phillip G.
    Client Review
    July 29, 2020
        

    When you’re presented with an invitation to attend in a mailer, you may have reservations, this was a truly gift!! My wife and I were educated and guided through the process of creating a family trust.
    Both of our parents had attorney’s that “worked” with wills/trusts, but came up short. Fortunately, the Schomer Law Group was there! This is a group of attorney’s that only specialize in estate planning, law, and financial advice, so you know you’re getting expert and personalized advice. This is the best money we’ve ever spent!! Thank you!

    Bob L.
    Client Review
    July 29, 2020
        

    We knew we had to update our 10 year old ( 20 page ) trust. After several detailed meetings, Liran and Cesar produced a large ( 300 pages + ) highly detailed trust document that we have used to make sure our family estate is well managed and clearly understood.
    They were all very helpful in answering myriad questions and explaining all the various options…

    We would strongly recommend the Schomer Law Group to anyone with an estate of even modest means, to assure proper planning…

    Bob S.
    Client Review
    July 29, 2020
        

    We had contemplated updating our will and starting a trust for a number of years. After attending a talk by Scott Schomer we realized we were long overdue and the potential downside of not having our affairs in order was significant. Scott and his excellent team made the process simple and seamless. They were great listeners, addressed all our concerns and even pulled and processed all the paperwork from our financial institutions. If you are looking for assistance with estate planning, wills and trusts, we highly recommend Schomer Law Group.

    Robert F.
    Client Review
    July 29, 2020
        

    Very competent & informative – friendly atmosphere – ready to answer the most mundane questions – relaxed.

    Joan S.
    Client Review
    July 29, 2020
        

    Mr. Schomer was excellent in getting our family trust and estate affairs in order. My husband and I had put off doing this and Scott really made the process easy! He is very passionate in making sure his clients get all that they need and we really appreciated it. I would highly recommend him and look forward to the many years he will be available to assist our family.

    Kim

    Follow Us

    • Facebook
    • Twitter
    • Linkdin
    • Youtube
    • Instagram

    Blog Subscribe

    • This field is for validation purposes and should be left unchanged.

    Office Address

    El Segundo
    222 North Pacific Coast Highway., Suite 130
    El Segundo, CA 90245
    Phone: (310) 337-7696
    Fax: 310-337-1277

    See Larger Map Get Directions

    Office Hours

    Monday9:00 AM - 6:00 PM
    Tuesday9:00 AM - 6:00 PM
    Wednesday9:00 AM - 6:00 PM
    Thursday9:00 AM - 6:00 PM
    Friday9:00 AM - 6:00 PM

    Footer

    • Advantages of Working With Our Firm
    • About The American Academy
    • Disclaimer
    • Privacy Policy
    • Sitemap
    • Contact Us

    Schomer Law Group

    Connect with Us

    • Facebook
    • Twitter
    • Linkdin
    • Youtube
    • Instagram

    footer-logo
    © 2022 American Academy of Estate Planning Attorneys, Inc.

    Schomer Law Group

    Attorney Advertisement.

    © 2022 American Academy of Estate Planning Attorneys, Inc.