Carmel, CA Estate Planning In A Coronavirus World : By Derek Baine

AARP Bulletin in their November 2020 issue (page 22) had an interesting article about more and more couples looking at estate planning now that the coronavirus is making the future outlook uncertain.  Keep in mind that you can write a will at any time, even if you are sick in the hospital.  Most estate planners recommend setting up a living trust, which gives you a lot of flexibility on how your assets are distributed following your death.  Experts warn that doing a joint will for a couple is a terrible idea—they aren’t even legal in some states.  Leaving more to one child than another almost guarantees that the will could be challenged.  Stepchildren aren’t automatically treated as children for legal purposes.  There are a lot of moving pieces in an estate plan so consult with your attorney.

Monterey, CA Seniors Turning To Telehealth Amidst Coronavirus Pandemic : By Derek Baine

More and more seniors are turning to Telehealth programs due to the COVID-19 pandemic.  “When you’re not feeling well, having to get up, get dressed and drive all the way to the hospital and then get in line and then possibly get sick from someone else is not all that appealing,” Marla Jo Fisher, a writer, told AARP Bulletin.  Medicare is expanding coverage of telehealth visits during the pandemic, changes which hopefully will remain in place.  The Department of Health and Human Services recently reported that less than 1% of primary care visits in February were via Telehealth, a number which jumped to 43.5% in April.  California has a bill going into effect on January 1 requiring all insurers to pay for Telehealth visits.  If your doctor isn’t using Telehealth, talk to Community Hospital of the Monterey Peninsula, CHOMP, on suggestions.

https://www.chomp.org/find-a-doctor/doctor-search-results/?termId=a826e4db-730c-e611-9cf8-005056a462a1#.X9fgodhKjcs

Pebble Beach, CA Estate Planning In A Coronavirus World : By Derek Baine

AARP Bulletin in their November 2020 issue (page 22) had an interesting article about more and more couples looking at estate planning now that the coronavirus is making the future outlook bleak.  Keep in mind that you can write a will at any time, even if you are sick in the hospital.  Most estate planners recommend setting up a living trust, which gives you a lot of flexibility on how your assets are distributed following your death.  Experts warn that doing a joint will for a couple is a terrible idea—they aren’t even legal in some states.  Leaving more to one child than another almost guarantees that the will could be challenged.  Stepchildren aren’t automatically treated as children for legal purposes.  There are a lot of moving pieces in an estate plan so consult with your attorney.

Monterey, CA Coronavirus Update From A Carmel Caregiver

There were only 23 new COVID-19 cases reported in Monterey County during the last five days, with just one new death.  Business owners are relieved that we were moved into the Yellow Tier yesterday, which means an increase in capacity for restaurants, gyms, movie theaters, the aquarium, etc.   Bars that do not serve food can reopen outdoors.  Nationwide, the numbers have also moderated significantly.  There were only 17,119 new cases reported today.  Over the past week, there have been only 96,911 new cases.  By comparison, just a couple of weeks ago we were reporting over 75K new cases per day.  Deaths over the past week have been fairly modest at 3,168.  The CDC released data on “breakthrough infections” which are people that get COVID-19 after being vaccinated.  There were only 9,245 breakthrough cases out of more than 95 million fully vaccinated Americans as of April 26.  Studies suggest immunocompromised people or those on medications that interrupt their immune system (such as those on chemo or who have had an organ transplant or are on dialysis) are less likely to be protected by the COVID-19 vaccine. In California, there were 10,114 new cases in the last week, versus 3,348 in just one day on May 14. Deaths over the last week were 356, which is still considered modest.  It sure looks like we are quickly coming out of the woods. Please, if you have not been vaccinated, do so right away!

Monterey, CA Coronavirus Update From A Carmel Caregiver

There were 49 new cases reported in Monterey County over the last two days for a total of 43,662 with no new fatalities.  Nationwide, the number of new cases rose by 74,072 during the same time frame to 32.9 million, while deaths rose by 1,628 to 583,990.  In California, there were 3,348 new cases for a total of 3.8 million, while deaths rose by 210 to 62,572.

Monterey, CA Coronavirus Update From A Carmel Caregiver

There were 61 new cases reported in Monterey County for a total of 43,613, with two new fatalities.  Nationwide, the number of new cases rose by 33,778 to 32.8 million, while deaths rose by 686 to 582,362.  In California, there were 1,592 new cases for a total of 3.8 million, while deaths rose by 31 to 62,362.  Although almost half of the country has been vaccinated, the number of new cases is still disturbing.  Please stay home as much as possible and stay safe.

Monterey, CA Coronavirus Update From A Carmel Caregiver

There were 62 new cases reported in Monterey County for a total of 43,601, with one new fatality during the same time-frame.  While the number of new cases over the last week rose only slightly, the California Department of Public Health today raised Monterey County’s tier score from 1.9 to 2.6, ensuring we will remain in the Orange Tier for at least two weeks.  Nationwide, the number of new cases rose by 39,124 to 32.8 million, while deaths rose by 650 to 581,676.  In California, there were 1,857 new cases for a total of 3.8 million, while deaths rose by 53 to 62,331.  Although almost half of the country has been vaccinated, the number of new cases is still alarming.  Please stay home as much as possible and stay safe.

Monterey, CA Coronavirus Update From A Carmel Caregiver

There were 52 new cases reported over the past six days in Monterey County for a total of 43,506, with no new fatalities during the same time-frame.  Over 58% of eligible residents of Monterey County have been vaccinated, compared with nationwide 44.3% of the country has had at least one dose, while 31.6% are fully vaccinated.  According to news reports, the next generation of COVID-19 vaccines may come as a pill or nasal spray, which would make them easier to store and transport.  Nationwide, there were 48,003 new cases, for a cume total of 32,577,379.  Deaths rose by 720 to 578,713.  According to the CDC, California now has the lowest rate in the country of COVID-19 cases per capita, while Monterey has one of the lowest in the state.  In California, there were 1,766 new cases, for a cume total of 3.75 million, while deaths rose by 70 to 62.035.  Please stay home as much as possible and stay safe.

Pacific Grove, CA Aging At Home Is Now In Vogue : Assisted Living On The Outs

COVID-19 has made aging at home in vogue.  The Wall Street Journal recently wrote an article on how coronavirus is changing the way Americans face retirement by “accelerating developments already under way,” physician Bill Thomas said to the reporter.  “It’s going to make people rethink retirement altogether,” Laura Carstensen, director of Stanford University’s Center on Longevity said.  Most people will age at home, and remain independent, she said.  I believe that her view is true.  With roughly 40% of COVID-19 being staff and residents of nursing homes, nobody wants to go into a facility these days.  We have been getting a number of calls from fearful children who want to get their parents out of assisted living and back home, where they can reduce the risk of coronavirus exposure.  Although COVID-19 will eventually be wiped out, there will clearly be more devastating diseases in the future which makes these facilities dangerous.

https://www.wsj.com/articles/how-covid-19-will-change-aging-and-retirement-11605452401

Monterey, CA Coronavirus Update From A Carmel Caregiver

There were only 32 new cases reported over the past two days in Monterey County, with no new fatalities during the same time-frame.  In the U.S., about 43% of the population has received at least one COVID-19 vaccine dose (according to the CDC), with more than 29% of Americans fully vaccinated.  New cases rose by 58,730 for a total of 32.316 million, while there were 840 new deaths, for a total of 574,791.  Governor Gavin Newsome said the COVID-19 case rate is now the lowest in the country, with just 4.7 positive castes per 100K residents.  In our state, there were 1,732 new cases for a total of 3.740 million, while deaths rose by 96 for a cume total of 61,661.