1 hour MCLE credit
Viewing Time: 68 minutes
Speaker: Heather Chubb
Most people underestimate the risk of developing a disability and needing long-term care. A recent study by the US Department of Health & Human Services concluded that more than 50% of Americans 65 and older can expect to need long-term care for an average of two years. People with certain conditions, such as stroke, Parkinson’s, Alzheimer’s or other dementia, and multiple sclerosis, among others, can expect to need long-term care for much longer periods, the cost of which can be staggering. Planning for long-term care and end of life decisions is probably the most incomplete piece of an estate plan and the least understood.
A plan that has equal emphasis on planning for wealth transfer and disability/incapacity will preserve options, preserve wealth, and keep families from being blindsided by the effects of long-term care.
Please note each video is designed for continuous viewing until its conclusion.
The viewing of this online video meets the criteria for “participatory” continuing legal education credit as verified by the Sacramento County Public Law Library, an approved State Bar of California MCLE provider according to the State Bar of California MCLE Rules & Requirements [Rule 2.7.2].