Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Strategies For Elder Care


Published on

Information regarding Elder Care

  • Be the first to comment

  • Be the first to like this

Strategies For Elder Care

  1. 1. Strategies for Elder Care Laurel M. Davila, CPA (949) 476-1835
  2. 2. Elder Care Tools <ul><li>Assisting with Living Trust Arrangements </li></ul><ul><li>Identifying Elder Abuse Warning Signals </li></ul><ul><li>Preventing Elder Financial Abuse </li></ul><ul><li>Protecting Elders From Abuse </li></ul>
  3. 3. Living Trust Arrangements <ul><li>Avoid Lengthy Probate & Expensive Court Costs </li></ul><ul><li>Obtain & Update Living Trust & Pour Over Will </li></ul><ul><li>Keep Asset Schedule Handy & Updated for Executor </li></ul><ul><li>Obtain Updated HIPPA Compliant Medical Power of Attorney (Med POA) </li></ul><ul><li>Give Updated Med POA to Doctors & Hospitals NOW! </li></ul><ul><li>Obtain Financial Power of Attorney </li></ul><ul><li>Avoid “Half-Baked Trust” by Properly Funding Living Trust </li></ul><ul><li> </li></ul>
  4. 4. Elder Abuse Warning Signals <ul><li>90% of Elder Care is Now Provided “In the Home” </li></ul><ul><li>Caregiver is Related to Elder (Usually Elderly Spouse and/or Elder’s Adult-Child) </li></ul><ul><li>Caregiver is “Burned Out” from 24/7 Caregiving </li></ul><ul><li>Caregiver is Chemically Dependent </li></ul><ul><li>Caregiver is Financially Dependent on Elder </li></ul><ul><li> </li></ul>
  5. 5. Elder Financial Abuse <ul><li>Humiliation </li></ul><ul><li>Threats of Harm or Abandonment </li></ul><ul><li>Isolation </li></ul><ul><li>Non-Communication </li></ul><ul><li>Intimidation </li></ul><ul><li>Undue Influence to Change Legal Documents </li></ul><ul><li>Misuse of Property </li></ul><ul><li>Theft or Embezzlement </li></ul><ul><li> </li></ul>
  6. 6. PROTECT YOUR ELDERS <ul><li>Watch for Early Warning Signals of Elder Abuse e.g. “Turning the Tables” </li></ul><ul><li>Relieve Stressful Elder Caregiver “Burn Out” </li></ul><ul><li>Find Dependable “In-Home” Respite Elder Caregiver Agencies covered by Health Insurance & Medicare NOW! </li></ul><ul><li>Report Elder Abuse & Neglect to Adult Protective Services </li></ul><ul><li>Get Elder Counseling from Licensed Therapist and/or Social Worker </li></ul><ul><li>Call District Attorney’s Office for Help </li></ul><ul><li>Let Go of “Old Family History” – Use Tact, Diplomacy & Respect </li></ul><ul><li>DARE TO CARE – Educate Your Family & Prevent Elder Abuse </li></ul><ul><li> </li></ul><ul><li> </li></ul>
  7. 7. Summary of Proactive Elder Care <ul><li>Assist Elders to Set Up a Living Trust </li></ul><ul><li>Identify Elder Abuse Warning Signals </li></ul><ul><li>Prevent Financial Abuse </li></ul><ul><li>Protect Elders – Educate the Family </li></ul><ul><li>Report Abuse & Neglect </li></ul>