I have written on this before. In order to take care of others, you need to take care of yourself. It’s similar to the instructions you receive in the cabin of an airline, “Put the oxygen mask over your mouth and nose first, THEN put it over the mouth and nose of your child.” In other words, save yourself first, then the other person.
This link offers a thorough assessment and analysis of caregiver burnout. Enjoy.
https://www.helpguide.org/articles/stress/caregiver-stress-and-burnout.htm
Tags: caregiver, caregiver resources, El Dorado, fiduciary, Humboldt, lincoln, placer county, rocklin, roseville, sacramento county, Solano, stress, sutter, yolo county, yuba
One of the more wonderful but sometimes difficult things I do in my profession is to visit my clients. My appearance is not always welcomed as many of my clients would rather manage the funds in my control than to have me do it but as we settle in I begin to show them how I can help and protect them in their lives as an advocate. That is where the wonderful part comes in, I get to help them improve their lives once they are willing to accept the help.
I say all this to bring home a point: being a trustee, conservator or guardian is not only a great way to help your community one person at a time but also brings with it great responsibility for the one who acts in this capacity and also the one who sets the trust up.
I came across this article from a newsletter that Kevin Urbatsch of Meyers Urbatsch P.C. sends out from the Academy of Special Needs Planners that emphasizes this dual need. Kevin is an attorney that specializes in setting up Special Needs Trusts and helping Trustees administer them. This is the link to the newsletter. The link to the article is at the end of their article.
http://www.specialneedsanswers.com/resources/article.asp?id=19901§ion=4
I have thought that making it mandatory to visit the beneficiary at least once a month would be a good thing to add to the trust (California requires all conservators to visit their charges at least once a month). In some cases a trust protector could serve in the oversight role (but like everything else, it too can be corrupted).
I serve the counties of El Dorado, Placer, Sacramento, Solano, Sutter, Yolo, and Yuba, cities like Auburn, Lincoln, Rocklin, Roseville, Sacramento, Placerville, and Woodland, and Meyers Urbatsch P.C. and the Academy of Special Needs Planners.
Tags: Academy of Special Needs Planners, El Dorado, fiduciary, Humboldt, lincoln, Meyers Urbatsch P.C., placer county, rocklin, roseville, sacramento county, Solano, sutter, yolo county, yuba
Here is an article from Ken Covinsky on Kevinmd.com.
I too, have found that not only are the nurses and doctors in an assisted living and skilled nursing have a lack of concise or correct information to the recent care of their patient in a hospital but also the patient’s primary care doctor (PCD) lacks the same information! Each time I have had my client come back to their respective communities, I have had to readdress the medications given them with their PCD as well.
In advocating on my client’s behalf, I request the attending physician in the skilled nursing community work with my client’s PCD. The PCD usually does not want to “interfere” with the skilled nursing doctor but, as far as I am concerned, the PCD are the ones who know my client’s medical history the best and are most likely to better understand their needs.
Serving Auburn, Lincoln, Roseville, Rocklin, Sacramento, and the counties of Placer, Sacramento, Sutter, Yolo, Yuba, El Dorado, Nevada and even Humboldt.
Tags: auburn, El Dorado, fiduciary, hospital, Humboldt, lincoln, Nevada, nursing community, nursing home, placer, primary care doctor, rocklin, roseville, sacramento county, sutter, transition, Yolo, yuba
Social Security is now processing some retirement spouse claims for same sex couples and paying benefits where they are due. See: http://ssa.gov/pressoffice/pr/doma-statement-pr.html and http://ssa-custhelp.ssa.gov/app/answers/detail/a_id/2488/related/1.
I serve the counties of Placer, Sacramento, Sutter, Yolo, Yuba, El Dorado, Nevada, and even Humboldt.
Tags: El Dorado, fiduciary, Humboldt, Nevada, placer, retirement, sacramento, social security, spouse, sutter, Yolo, yuba
I was reading Ashlea Ebeling, a Forbes staff writer, the other day by way of a suggestion from Elise Baker, an attorney in Rocklin Ca., on the topic of Payable On Death (POD) accounts.
POD accounts are set up so that when the owner dies the funds automatically go to the beneficiary (hence; Payable on death). The beneficiary is not able to access the funds while the owner is alive (with or without capacity) and it avoids probate. They can be a great estate planning tool but…
Like everything, this tool needs to be carefully used. Ashlea shared a couple of scenarios where it was the wrong tools are not used correctly. If you have a question about this please contact your estate planning attorney, they may help make settling your estate go smoother…which is what I do on your behalf.
I serve Placer, Sacramento, Yolo, Yuba, Sutter, El Dorado, Solano and even Humboldt counties and your first consultation is free.
Tags: El Dorado, estate planning, fiduciary, Humboldt, placer county, sacramento county, Solano, sutter, yolo county, yuba
Dementia is a reorganization of the brain resulting memory loss, hallucinations, and general breakdown of bodily functions. Alzheimer’s disease is one specific subset of dementia. The Alzeimer’s organization (www.alz.org) reported July 17, 2013 that those who notice memory loss or issues with decreasing ability toward organization may actually be sensing the onslaught of dementia far in advance of what any test would show.
Visit www.alz.org for more information. There are some articles from papers around the country reporting the study.
If you live in the Sacramento area their fundraiser “Walk to End Alzheimer’s” will take place October 5, 2013 at the State Capitol (South Steps) at 8:00am. Contact: Sacramento Walk to End Alzheimer’s 31915 Rancho California Road #200-438 Temecula, CA 92591
In the Yuba City area the Walk takes place September 21, 2013 at the Feather River Parkway 8:00A.M. Contact Ericka Smith Phone: 650.962.8111 Email: esmith1@alz.org
I currently serve clients in the counties of Placer, Sacramento, Yolo, Yuba, El Dorado, Solano and Humboldt. Depending on the situation, I can serve clients in other counties as well.
Please call 916-220-3474 for your first hour free consultation.
Tags: alzheimer, El Dorado, Humboldt, placer, sacramento, Solano, walk, Yolo, yuba
According to Wikipedia, “A fiduciary is a legal or ethical relationship of trust between two or more parties. Typically, a fiduciary prudently takes care of money for another person. One party, for example a corporate trust company or the trust department of a bank, acts in a fiduciary capacity to the other one, who for example has funds entrusted to it for investment. In a fiduciary relationship, one person, in a position of vulnerability, justifiably vests confidence, good faith, reliance and trust in another whose aid, advice or protection is sought in some matter. In such a relation good conscience requires the fiduciary to act at all times for the sole benefit and interest of the one who trusts.” https://en.wikipedia.org/wiki/Fiduciary, July 12, 2013
Again, according to the Professional Fiduciary Association of California (PFAC), “A fiduciary as trustee has the responsibility of carrying out the terms of a testamentary or living trust. The trustee is usually a person named by the creator of the trust, but in some cases, the trustees cannot carry out his or her duties because of incapacity or death. If there is no successor trustee who can serve, the court has the responsibility of appointing a trustee, usually someone nominated by the trust beneficiary who then safeguards the assets and invests them according to the Uniform Prudent Investor’s Act (as set forth in the Probate Code). Professional trustees working under the UPIA are held to a higher standard than others. The fiduciary as conservator is the person who is legally appointed to manage the conservatee’s estate and/or person. A conservatorship is a legal tool designed to provide management for the financial and/or personal affairs of individuals deemed by the court to be physically or mentally incapacitated, often because of dementia.” http://www.pfac-pro.org/ohana/website/index.cfm?p=118001 July12, 2013
In order to be a member of PFAC, professionals must be licensed, agree to adhere to the code of ethics, and demonstrate a commitment to their own professional skills by completing continuing education units annually.
Licensing is processed and monitored through the Department of Consumer Affairs; Professional Fiduciary Bureau (http://www.fiduciary.ca.gov/). My number is #387.
Trustees manage money, and oftentimes, difficult people and situations. When money is involved, beneficiaries and trustees sometimes have disagreements, and family arguments can be among the most rancorous. There are plenty of traditional families, blended families, dysfunctional families that are faced with an abundance of problems and issues when a parent dies or becomes incapacitated and there is money in an estate to be protected and invested. Sometimes non-professional trustees mismanage or neglect their trustee duties, and sometimes he or she may ignore the directions of the trust. Beneficiaries get angry, get an attorney and go to the probate court for resolution. That resolution often names a private professional fiduciary as the new trustee. Many attorneys, accountants and estate planners, who know good private professional fiduciaries, sometimes suggest a professional be named as trustee when a new trust is written.
I currently serve clients in the counties of Placer, Sacramento, Yolo, Yuba, El Dorado, Solano and Humboldt. Depending on the situation, I can serve clients in other counties as well.
Please call 916-220-3474 for your first hour free consultation.
Tags: california, definition, El Dorado, fiduciary, Humboldt, placer, sacramento, sacramento county, Solano, trust, wikipedia, Yolo, yuba
