Historic Buildings Located Within the “Salinas Lincoln Avenue Corridor”

The Historic Resources Board has been tasked by City Council “to protect Salinas’ architectural heritage assets for education, community revitalization and the promotion of heritage tourism.”An important role of the Board is to “Provide guidance to property owners on the restoration, alteration and maintenance of Salinas’ historic resources.”

To fulfill this role, the Historic Resource Board is providing the City Council information on the historic buildings in the future development area of the Salinas Lincoln Avenue Corridor Development project.

The purpose of this informational report is to address therevitalization project of the City’s historic downtown “Salinas Lincoln Avenue Corridor.“This is part of and complimentary to the Salinas Downtown Vibrancy Plan.

To learn more about the recommendations of The Historic Resources Board of Salinas about this topic or to read the full “Informational Report on Historic Buildings Located within the Salinas Lincoln Avenue Corridor” please click here.

Join Us for a Virtual Webinar Focusing on Wills, Living Trusts & Inheritance Planning

This webinar is an educational event hosted by our partners, CU Plan with Living Trust Educators. You’ll learn about proper planning, whether you need a Trust or a Will, and what is included in a Full Estate Plan.

Join us on Tuesday, August 3rd at 7:00pm for this Webinar

Click here to register!

Presenter: Craig Nelson

Craig Nelson is a Legacy Planning Media Educator and Founder of CU Plan with Living Trust Educators, which empowers people to make sure their estates are in the hands of their loved ones and not at the mercy of probate courts.He has been serving credit union members since 1986 with Trusts, Wills and Inheritance Planning. 

According to Danielle Mayoras, leading Estate Planning Attorney, Legal Expert, National Lecturer, Television Personality, and Co-Author of the Book Trial & Heirs, Famous Fortune Fights! …”70% of Americans do not even have a Will” She’s also said, “Joint Tenancy is the worst form of Title, even though many people use it in order to avoid probate.”    

Thank you for allowing us to serve as your financial provider, as we strive to offer unique and proven solutions to the challenges we all face in life... – Patrick Redo, President & CEO of allU.S. Credit Union

This event is not for the solicitation of any legal, financial, tax or other professional products or services. The legal and inheritance planning solutions presented during our event may or may not include legal document preparation assistance services, including simple wills, trusts and/or designated beneficiary documents as well as financial products and services. No professional services are ever transacted at our Credit Union Sponsored Events.

There’s No Place Like Home: Plan Ahead with Age-in-Place Upgrades

Most older Americans want to stay in their homes permanently and live independently, according to AARP. Now that boomers are getting older, there’s a term for this: “Aging in place.” The trouble is, aging in place comes with a fair number of challenges, considering that most homes aren’t designed for accessibility. However, there are ways to age in place happily and comfortably, as allU.S. Credit Union explains below.

Make Modifications to Your Current Home

Aging-in-place modifications need not look institutional or awkward. These upgrades are simply about making your home adaptable for people of all ages and abilities. The focus is on planning ahead and preventing accidents before they happen. When you consider the rising costs of assisted living, money spent on modifications is money well spent!

  • Select durable, non-slip matte-finish hardwood floors. Smooth floors such as hardwood eliminate trip hazards and make it easier to accommodate wheelchairs, scooters, and walkers. Remove all hazards such as area rugs and electric cords.
  • Install a wheelchair-accessible ramp outside if necessary, along with handrails and grab bars in areas where falls are likely. (More than 30% of seniors suffer from a fall every year. Falls are also the leading cause of death and injury in aging adults.)
  • Pay special attention to the bathroom, and replace the towel bar with a weight-bearing handrail or grab bar. Also, use non-skid shower mats in the bathtub or shower. For those who must sit, have portable shower seats as well as movable shower heads. Consider remodeling your shower so that it’s curbless too. Upgrade your standard 17” high toilet to one that is chair height (19” tall), and you’ll find that everyone prefers it, mobility issues or not!
  • Remove thresholds from doorways to make passing through them easier and to prevent tripping. If it’s not possible to remove them, you can purchase ramps that make it easier to get over them.
  • Widen doorways for wheelchairs. Wheelchairs typically need at least 32,” but ideally 36” of space makes maneuvering easier. Also, make sure that countertops and cabinets can be accessed comfortably from a wheelchair.
  • Replace all door knobs with lever-style door handles. These handles are kinder on arthritic hands with less dexterity and will ensure that you won’t be inadvertently trapped inside your room. Using levered faucets in the kitchen sink are best for older hands too.

Some of this work may require professional contractors. Ask friends and family for referrals, and get written estimates. Keep in mind too that some home accessibility modifications can be deducted from your federal taxes. Widening doorways and halls, adding railings and grab bars, etc. can be considered medical expenses, so be sure to talk with your tax professional.

Downsize to a Smaller Home

Your current house made sense for you when you bought it, but it may no longer make sense for you today or tomorrow. Down the road, you may prefer walking or using a wheelchair to get to your nearest store or doctor’s office rather than driving. You may need a single-story home or access to an elevator, or you may no longer want to spend time maintaining two acres of land.

Familiarize yourself with real estate listings in your area now to get an idea of what it might cost to buy a new home. It’s also key to find a real estate professional who is savvy to the needs of senior buyers. A great agent will also walk you through different scenarios if you prefer to buy and sell at the same time or if you want to buy something new and then sell your home.

Being proactive by modifying your home now is not only a wise investment in your future, but it’s a wise real estate investment too. Age-in-place modified homes are one of the hottest trends on the market. Best of all, you’ll have peace of mind knowing that you’ve got a beautiful home that will work for you now and into the future.

By becoming a member of allU.S. Credit Union, you can reap the benefits of higher savings rates and lower fees and loan rates. Fill out an online application today!

What All Seniors Should Know About Downsizing Before Moving

If your future plans include moving into a smaller home, you probably want to consider downsizing now. Through the years, it’s all too easy to accumulate more stuff than you actually need. Getting started with downsizing is challenging, but going through the process makes it much easier to take the next step in your journey. 

Before You Downsize 

Where you live next will determine a lot of your downsizing choices. Even if it’s a long way off, it’s important to know ahead of time where you want to live, when you should move, and how you’ll pay for it. Here are a few resources to keep in mind.

Housing Options for Seniors

Knowing When It May Be Time for Assisted Living

How Much Are Average Moving Costs? (On Avg. Between $600 and $1,638)

14 Tips for Moving Into Senior Living

Mortgage Help for Veterans

What to Keep and Throw

After you know how much room you have to work with in your new home, you can start deciding what you should keep and what you should get rid of. This is often a challenge, as many possessions are still useful or hold sentimental value.

Get Your Trash Bags Ready! Keep It or Toss It?

30 Things Every Retiree Should Get Rid Of

The Household Junk You Can Just Throw Out

How to Responsibly Get Rid of the Stuff You’ve Decluttered

Help and Resources for Downsizing

Even if you know the basics of downsizing, it’s still hard to let go sometimes. There are numerous books and other resources for helping you through the process. 

7 Books to Help You Declutter and Organize Your Home

The Endowment Effect: Why You Can’t Let Go of Your Possessions

A Professional Organizer Can Help You Downsize

6 Benefits of Using a Senior Move Manager

Downsizing is a daunting task, but it has numerous benefits. Not only will you feel less cluttered, but having fewer possessions also makes it less complicated to move when you take that step. 

Scammers Targets Your Social Security Check

Another scam aimed at seniors.  This one involves Social Security.  It’s almost believable, so you need to be extra careful.  What the scammers want is to steal your money.

This is how it works:  Someone will call and pretend to be from the Social Security Administration.  You’ll be told that you’re about to get an increase in your benefits.  The scammers ask you to verify all your personal information.  After all, they say, “you do want to get your extra benefits, right?

You’ll be asked for your date of birth, Social Security number, banking information and more.  Armed with all this personal data, it’s easy for the thieves to have your money directed to them at a new address or bank account for direct deposit.  Until your benefits don’t show up, you’ll never know that something has happened to your money.

Something to remember if you get a call that’s supposedly from Social Security:  They already have all your information.  It’s not likely that Social Security will ever call you anyway, but if they do, there’s no need to tell them anything.

If you ever have questions about whether a call is legitimate, be safe:  hang up immediately.  Then call Social Security at 800-772-1213 and ask if someone there just called for any reason.  If the answer is no, make a report with the Inspector General fraud office at 800-269-0271.

Remember that this year you’ll start getting new Medicare cards that won’t have your Social Security number as the identifier.  The card will come in the mail; you don’t have to do a thing.  For more information about changes to your Medicare card go to go.medicare.gov/newcard.

Conclusion:  No matter your circumstances, if you get a call or email asking for your money or personal information – stop.   Don’t wire money. Just hang up. 

Selecting A Retirement Community For Your Senior: Questions To Ask And Components To Consider

Many seniors face decisions during their older years regarding where to live, often times considering some type of retirement community. There are several different types of settings available and each family needs to evaluate the options and determine which living situation provides the best fit. What are some of the issues to consider when looking at retirement communities?

Consider your senior’s needs for social activities and support

As the New York Post explains, there are many different types of retirement communities available. Active-adult or 55+ neighborhoods typically include a lot of autonomy while providing access to additional support. Assisted-living facilities offer more daily support and continuing-care retirement options include multiple levels of care to ensure minimal transitions as a senior’s needs increase. There is also skilled nursing home care for those with more significant needs.

Retirement communities usually offer a wide variety of social activities to their residents, but you want to make sure that your loved one’s interests are addressed. Do they still love to swim, play golf or tennis, or get out and about on their own? Would they like access to outdoor excursions, shopping trips, a gym or spa? Is their focus more on facility-driven opportunities like card games, bingo, and book clubs?

Examine the community rules and expectations

Check into a community’s rules to see if any will cause issues. Ask about owning pets, visiting grandchildren, and landscaping restrictions if those are important to you. In addition, many communities also have restrictions related to grilling, parking, and quiet hours. Forbes suggests asking about the community’s approval process so you can make sure you are comfortable providing the required information.

Get a feel for the culture in the community and try to determine whether there are social or cultural expectations that will impact your senior’s experience. For example, Next Avenue explains that if skipping social gatherings is frowned upon, and your loved one won’t always want to attend these, that facility may not be the right fit.

Spend time at the facility if you can, staying a night or two when possible to immerse yourself into the community to get a sense for whether it’s a fit. Visit at different times of the day, since staffing and activities will change over the course of the day, and check out the dining area while a meal is being served.

Evaluate financial commitments, learn about staffing and security

Determine whether purchasing a place is the right move versus paying a monthly fee and figure out all of the fees involved. Price structures should be detailed in a contract and you need to know when and how much fees can increase as well as what additional costs that may come into play. You also want details about how you can end a contract if needed, or when a facility can ask a resident to leave.

Families often have certain expectations regarding security and staffing at a retirement community they’re considering. Ask about staff turnover, as high turnover may be a red flag you need to evaluate. What security measures does the facility utilize? Is it a gated neighborhood or are visitors within a contained facility carefully monitored? Is there security and support provided around-the-clock?

When choosing a retirement community, look at your senior’s needs and ask plenty of questions. Rules and financial commitments can vary greatly and you want to find a spot that keeps your senior engaged, safe, and happy without feeling overwhelmed. Whether you decide on an active-adult, assisted-living, or skilled nursing setting, dig into the details during your search so your senior can spend their golden years in comfort.

Thank you to our member Mike Longsdon for writing and sharing this very informative article.