More and more "investment advisers" are selling Trusts as vehicles for preventing probate, avoiding taxes and providing for estate management. Approximately 40 million baby boomers soon will require increasingly expensive medical care during a longer life expectancy than their parents. As they become ill with Cancer, Strokes, Alzheimer's Disease, Parkinson's Disease and other debilitating illnesses, that care will in many cases be delivered in a Skilled Nursing Home setting. The average stay at a nursing home...

“MEDI-CAL” THE WELFARE MYTH

Unfortunately families, with loved ones suffering from a Catastrophic Illness such as Dementia, Parkinson’s, Stroke, or Alzheimer’s and in need of Long Term Nursing Home Care, labor under the mistaken notion that Federal funds from Medi-Cal are only for low-income patients. In fact, many Nursing Home operators are equally suffering from the same mistaken beliefs. Nothing could be further from the truth.

The Private Pay Myth Many nursing home operators prefer...