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Three Myths Surrounding Long-Term Care Planning

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                               Three Myths Surrounding Long-Term Care Planning. What are the myths surrounding long-term care planning? As a California estate planning attorney , I have met numerous clients dealing with their specific long-term care issues, only to find out that those beliefs and thoughts that had been lingering their minds were nothing but a myth. Well, I understand. Many of us are sometimes misled by our false assumptions about long-term care planning so today let’s see if I could shed some light on the matter. As you may know, elders more than 65 years of age often need help with their daily activities as they get older due to debilitating diseases, including Parkinson’s and Alzheimer’s while some suffer from poor hearing, eyesight and balance, to name some. These things and more are associated to aging. Without even saying, it is clear that many elders would need your long-term assistance and guide, even on simple survival activities such as eating and bathin
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Start small, smart or go Big

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Start small or go big?  After you’ve selected the location, the next decision is what type of property do you want to buy? Condos can be a good choice for first-time vacation rental investors.  They tend to be less expensive than single family houses, and less maintenance.  They can include resort-like amenities that draw potential guests, such as on-site staff, spas, pools, exercise facilities, and and a concierge service. A study done by Rental Advisor found that when investors restrict a property to 2 guests per bedroom, there is a reduction of 40% in profits and rental visibility. Rental Advisor suggests one bedroom units accommodate groups of 4 or more, with two bedroom units accommodating up to 8 guests. For added sleeping space, include multi-purpose furniture such as a sleeper sofa, futon, or two full size beds per bedroom. Doing so with significantly increase bookings and thereby increase your return on investment. A word about property that needs improvement… If your
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Location: Isla Mujeres, Quintana Roo, Mexico
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