Los Angeles, California – May 17, 2010 – Governor Arnold Schwarzenegger unveiled plans last Friday to plug California’s budget deficit by slashing billions of dollars worth of funding for services designed to help the state’s poor.
Schwarzenegger’s budget proposals would see spending cuts of 12.4 billion dollars including the elimination of California’s welfare-to-work program and virtually all child care for low income families. However, thousands of California’s elderly currently in long-term care facilities across the State will not be affected.
Attorney Judd Matsunaga of Elder Law Services of California states that there is still a “window of opportunity” for California residents with long-term care needs qualify for Medi-Cal benefits while preserving their assets and protecting the family home.
Elder Law Services of California has an extensive background in Medi-Cal Planning, Estate Planning and Real Estate Law. They routinely assists those in need of creating or updating their wills, trusts, powers of attorney and other estate planning legal documents. The firm actively keeps their website up-to-date with the latest information and free resources pertaining to Medi-Cal Qualification and Medi-Cal Planning.
Media Contact: Robin Montano, 1-800 403-6078, Robin@ElderLawCalifornia.com
RELATED LINKS
http://www.elderlawcalifornia.com
http://www.juddmatsunaga.com
Some people are able to pay for long-term care out of their own funds while others were able to get long-term care insurance before they became ill. Unfortunately, most people who need long-term care have already become ill and as a result can no longer obtain long-term care insurance. They are also unable to pay for the cost of long-term care themselves without depleting all of their life savings and having to sell their other assets, including the family home. People who find themselves in these circumstances are forced to look to public benefits programs, such as Medicare and Medicaid, for help.
The attorneys at Elder Law Services of California who specialize in elder law can help you through the application process and design a plan for you that will preserve the maximum amount of your assets and income. Some accountants and financial planners will attempt to provide the same services for their clients. However, they may not know the intricacies of this area of law and are not authorized to give legal advice. Call attorney Judd Matsunaga today at 1-800 403-6078 for a free consultation.