California's Retirement Crisis Planner Offers Long-Term Care and Medi-Cal Solutions in New Book

'Don't Go Broke Paying the Nursing Home' (ISBN: 978-0988902619) explains Medi-Cal Recovery procedures.

| From
Medi-Cal Recovery

LOS ANGELES, Calif., April 2, 2013 (SEND2PRESS NEWSWIRE) -- According to retirement crisis expert and author Karl Kim, CFP, CLTC, each year thousands of people are thrust into a "care crisis" when a family member or loved one needs long-term care. The challenge is not only finding the right nursing home; what can be even more challenging is figuring out how to pay for the care - and how to minimize possible damage to the rest of the family.

"That information isn't easy to find," says retirement crisis planner Karl Kim, CFP, CLTC. "Every year I speak with hundreds of adult children and their parents who have gotten bad advice, or who don't know where to turn for answers. That's the reason I wrote 'Don't Go Broke Paying the Nursing Home.' Now every Californian can understand what needs to be done to protect their home, cash and retirement accounts."

Karl Kim's book is an easy-to-read quick reference guide. It provides answers in simple language to common questions such as:

* What information do you need to provide to Medi-Cal?
* Do you need an attorney to submit the application?
* What is the maximum amount a person or couple can have to qualify for Medi-Cal?
* What is the difference between Medicare, Medicaid and Medi-Cal?
* Which assets count and which don't?
* What is the maximum amount of income a person can have and still qualify?
* When does someone apply?
* How long does the application process take?
* Do you have to be broke to qualify for Medi-Cal?

"Don't Go Broke Paying the Nursing Home" (ISBN: 978-0988902619) explains Medi-Cal Recovery procedures.

"Most people don't realize Medi-Cal is effectively a loan from the State of California," explains Kim. "If proper steps aren't taken, the state will place a claim against the home and other assets."

California's regulations covering the aging population can be difficult to keep up with. That becomes apparent in a care crisis - when what a family has "done wrong" can come back to bite them - financially and logistically.

The book is available in paperback and Kindle on Amazon: .

About Author Karl Kim:

Karl Kim, CFP, CLTC, is the founder of Retirement Planning Advisors, California's first firm dedicated to retirement crisis planning and pre-planning. Info: .

News Source:
For more information regarding this press release, please visit:
Like, Share, Save this press release:
  TWEET   SHARE   G+   PIN IT   STUMBLE   LinkedIn   Instapaper   Buffer

Shortlink to this press release:
The content of the above press release was provided by the “news source” (Karl Kim) or authorized agency, who is solely responsible for its accuracy. Send2Press® is the originating wire service for this story and content is Copr. © 2013 Karl Kim with newswire version Copr. © 2013 Send2Press (a service of Neotrope). All trademarks acknowledged.

Rights granted for reproduction by any legitimate news organization. However, if news is cloned/scraped verbatim, then original attribution must be maintained with link back to this page as “original syndication source.” Resale of this content for commercial purposes is prohibited without a license. Reproduction on any site selling a competitive service is also prohibited. Information is believed accurate, as provided by news source or authorized agency, however is not guaranteed, and you assume all risk for use of any information found herein/hereupon. This work is licensed under a Creative Commons Attribution-NonCommercial 3.0 Unported License.
STORY READS for this single page only, as of Oct 26 2016:
[ count retired 8.4.16 ]

back to top
REFERENCES: Medi-Cal Recovery, Retirement Planning Advisors, insurance, Long term care insurance, personal finance, Medi-Cal Recovery procedures, Karl Kim, Retirement Planning Advisors, Don't Go Broke Paying the Nursing Home, ISBN 9780988902619, paperback and Kindle editions, news, press release from Karl Kim, Apr 2, 2013, Books and Publishing, Business, Senior Citizen Interests, Los Angeles, California, California's Retirement Crisis Planner Offers Long-Term Care and Medi-Cal Solutions in New Book