To our valued clients and friends, We sincerely hope everyone is taking care and following all of the recommended precautions during these unprecedented times. WE WANT YOU TO KNOW THAT DURING THIS TRYING PERIOD, WE ARE HERE FOR YOU. In light of recent governmental directives for most persons to "shelter in place", effective immediately, for the most part, our firm will operate remotely. Fortunately, we are experienced with remote workplace operations and have the appropriate technology to … [Read more...] about Important Notice Regarding COVID-19
As we age, the natural aging process can cause physical and mental deterioration. Many of us will also develop osteoporosis. Because the more you know, the better you can plan and prepare, let's explore what you need to know about osteoporosis. What Is Osteoporosis? Osteoporosis, which literally means porous bone, is a disease in which the density and quality of bone are reduced. Our bones are living tissue and constantly changing. From the moment of birth until young adulthood, bones are … [Read more...] about What You Need to Know about Osteoporosis
The most significant action of Congress in 2019 relating to retirement and estate planning was the late December passage of the “Setting Every Community Up for Retirement Enhancement Act of 2019”, commonly known as the “Secure Act”. It was signed into law shortly thereafter and is effective January 1, 2020, for most purposes. In this and future newsletters, we will look into the provisions of the Secure Act and also some strategies to maximize benefits and minimize problems created by this … [Read more...] about CONGRESS PASSES THE SECURE ACT: HOW DOES IT AFFECT YOU?
As the New Year looms, review your estate plan to help maintain it in good shape. Most people are familiar with the television personality, Ron Popeil. His tagline? "Set it and forget it!" While this might work for your slow cooked roast, it does not work for your estate plan! Reviewing your plan each year will help keep your Estate up-to-date and avoid time-consuming (and sometimes costly) issues for your successors. 1. Beneficiary Designations. Make sure the beneficiary designations … [Read more...] about Try This New Year’s Resolution: Review Your Estate Plan
States have historically allowed people to execute “Do Not Resuscitate” orders that, as the name implies, order physicians not to perform any procedures to resuscitate the individual if he or she is not breathing or has gone into cardiac arrest. Oregon, along with a number of other states, goes one step further -- and seniors appear to like the move. California has authorized a two-page form called a “Physician Orders for Life-Sustaining Treatment”, or POLST for short, that allows an individual … [Read more...] about Being in Control At The End of Your Life
An estate plan is an important part of one’s plan for the future. Many realize that they need the assistance of an experienced and qualified attorney to assist them in their efforts. Unfortunately, some folks will cut corners in their estate planning efforts in an effort to save a few bucks or because they think they are as smart as or smarter than their estate planning lawyer when it comes to drafting documents or both. Even with persons who were prudent enough to have their original plans … [Read more...] about Where Do It Yourself = Do It Wrong
At our law firm, we dedicate most of our time to helping our clients plan their estates, address issues involving incapacity and long term care planning, and helping to administer their estates and trusts after their gone. However, we also regularly get questions from our clients when they are the beneficiaries or heirs of someone else’s estate. When receiving an inheritance, few people consider that there may be a big decision looming. You are still mourning the passing of someone dear to … [Read more...] about When “No” is the Best Answer
The recent horrific firestorms suffered by our neighbors in nearby Paradise and the fires in the Wine Country not long ago have touched us all. To help them with their recovery, there are several organizations providing much needed assistance. They can all use our helping hand. See our Charity list in this newsletter for more information. Natural disasters are part of life, from hurricanes and floods to earthquakes and tornadoes. For us Northern Californians, the forecast is for more … [Read more...] about KEEPING YOUR IMPORTANT DOCUMENTS SAFE FROM A DISASTER
When you think about estate planning, you may put it on the back burner, thinking that you will have time put a plan in place at a future date. Many people adopt this perspective, and as a result, most Americans are not properly prepared. Because of this tendency toward foot dragging, once you put your initial plan in place, you may feel as though the job is done. You have finally taken action, and you no longer have to feel this nagging sense of unpreparedness. It's great to put a plan in … [Read more...] about Can Tax Legislation Impact My Estate Plan?
Caring for Young Children Many members of Generation X are in the midst of raising a family. As they go about the day-to-day duties of raising children, a lot of estate planning issues can be shunted aside or completely forgotten about. Yet crafting a plan that protects your children is absolutely essential. One of the most important things you can do as a Generation X parent is create an estate plan that names a guardian who will take over parenting responsibilities in the event you and your … [Read more...] about Generation X Needs To Plan