CLIENT UPDATE – SEPTEMBER, 2006

Global warming has arrived with a vengeance! As I write this today the temperature is expected to hit 105 degrees in the San Fernando Valley. It is important to protect yourself from heat stroke and dehydration as we are probably due for even more hot spells. Some signs of heat stroke or dehydration are headache, seizure, thirst, frequent urination, fatigue, dry skin, dizziness, confusion, and/or increased heart rate. If you have any of these symptoms call your doctor. To prevent heat stroke or dehydration drink plenty of fluids and schedule your outdoor activities in the cooler parts of the day. The Deficit Reduction Act of 2006 was adopted by Congress earlier this year. It includes a limitation on home equity that you may have and still qualify for long-term care Medi-Cal, new proof of citizenship requirements and limitations on the transfer of the home. Most likely, there will be implementing legislation proposed in the California legislature in February of 2007. Other changes include the treatment of annuities and provisions for the spouse who stays in the home (the “income-first” rule). In another health note, the New York Times reports that one of every eight New Yorkers now have diabetes, a disease which is more common as we become heavier as a society and which also affects increasing numbers of children. Some symptoms of diabetes are fatigue, extreme thirst and frequent urination. If you have these symptoms, consult with your doctor. AARP reports that in 2003 the number of adults with diabetes in the 40 to 74 age group increased substantially. Some in Congress proposed a new law to eliminate...