PRESS RELEASE: California's Retirement Crisis Planner Offers Long-Term Care and M... Page 1 of 2
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Books and Publishing News
California's Retirement Crisis Planner Offers Long-
Term Care and Medi-Cal Solutions in New Book
Tue, 02 Apr 2013, 06:54:55 EDT
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
Karl Kim's book is an easy-to-read quick reference guide. It provides answers in simple language to common questions such
* 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: http://amzn.com/0988902613 .
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: http://www.KarlKimCo.com/ .
PRESS RELEASE: California's Retirement Crisis Planner Offers Long-Term Care and M... Page 2 of 2
NEWS SOURCE: Karl Kim
Send2Press® is the originating wire service for this story.
PRESS RELEASE PERMALINK:
• Permanent shortlink to original copy of this release: http://goo.gl/H9RvI .
For more information about this news release, contact Karl Kim directly through their Web site found in the above press release, and NOT
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