An elder law attorney specializes in legal issues that relate to seniors and the problems they tend to face. This particular area of the law only became well-recognized in the 1980s when the legal issues affecting seniors became more complicated. The challenges of qualifying for Medi-Cal coverage at a time when the need for nursing home care was on the rise brought to light the advantages of having an elder law attorney for assistance. So, what exactly does an elder law attorney do? What … [Read more...] about What Does an Elder Law Attorney Do?
Incapacity Planning
Develop a Relationship with Your Estate Planning Attorney
Do you know the value of obtaining the advice of an estate planning attorney? Estate planning attorneys are there to guide you through the myriad of choices available in planning for the future. An experienced estate planning attorney can help you to fully understand how to make your wishes and goals for your family become a reality. If you have an estate planning attorney, you should develop a relationship with them because they probably have more to offer than you know. What is an estate … [Read more...] about Develop a Relationship with Your Estate Planning Attorney
Is a Living Will the Same as a Living Trust?
Though the names may be very similar, a living will and a living trust are not the same, nor do they serve the same purpose. A living trust is a type of trust that holds and manages your assets while you are still alive, then distributes those assets to your beneficiaries upon your death. A living will, on the other hand, is a term commonly used to describe a legal document that provides your instructions regarding the course of medical treatment you want followed if you become unable to … [Read more...] about Is a Living Will the Same as a Living Trust?
A Durable Power of Attorney Can Prevent a Conservatorship
A power of attorney is a legally binding device that is used across the legal field for multiple different purposes. You would utilize a power of attorney to give someone else the power to act on your behalf in a legally binding fashion. The person who is creating the power of attorney is called the principal or the grantor of the device. The grantor names an agent or attorney-in-fact. This person is given the power to act on behalf of the grantor. There are different types of powers of … [Read more...] about A Durable Power of Attorney Can Prevent a Conservatorship
Sacramento Nursing Home Costs Are Among the Highest in the Country
Our firm practices law in Sacramento, California, and we also have an office in Roseville. Anyone who lives in our area knows that there are countless advantages, and it is truly a great place to live. We have everything that big cities have to offer, but we also have fantastic nature all around us. Whether you want to indulge in fine dining, the arts, culture, or hiking, fishing and camping, you have easy access if you live in our area. It is no secret that northern California is a desirable … [Read more...] about Sacramento Nursing Home Costs Are Among the Highest in the Country
Free Report: Is Incapacity Planning in Northern California Really Important
When you are going through life as a relatively healthy adult, the prospect of incapacity can seem alien to you. Of course we all recognize the fact that elders sometimes become unable to handle all their own affairs, but it can seem like this only happens to a small minority. Topics covered in this report include: Advance Directives for Health Care Financial Matters Click here to read the whole article or download the PDF. … [Read more...] about Free Report: Is Incapacity Planning in Northern California Really Important
Are You Sure a Will Is the Best Choice?
If you are a golfer, club selection is very important to you. The use of the proper tool as it were can make all the difference, and this is also true when you are planning your estate. Many people assume that a Will is the best choice if you are not extremely wealthy, but there are many good reasons why you may want to use a living trust instead. Let's look at the facts. Living Trust Advantages A living trust can provide benefits that a Will would not. You have more flexibility with regard to … [Read more...] about Are You Sure a Will Is the Best Choice?
A Medi-Cal Trust Can Preserve Inheritances
When you are contemplating your legacy, you may have a certain vision with regard to the inheritances that you would like to leave behind to your loved ones. Making this vision a reality takes careful planning as you build a nest egg for your own retirement with your legacy goals in the back of your mind. Your active retirement years can be full of fun, travel, and leisure activities if you act within a well defined plan over the years. However, when you are considering the expenses that you … [Read more...] about A Medi-Cal Trust Can Preserve Inheritances
THE ABLE ACT: New Financial Planning Tool for the Disabled.
In 2014, Congress passed a new law that will change the lives of millions of people living with disabilities. Achieving a Better Life Experience, otherwise known as the ABLE Act will allow those living with disabilities to establish tax-exempt savings accounts that will not be counted against them when qualifying for government assistance, such as Medi-Cal and SSI. In the past, disabled persons were limited to no more than $2,000 in assets in order to qualify for these assistance programs, … [Read more...] about THE ABLE ACT: New Financial Planning Tool for the Disabled.
Use the Right Trust for the Right Job
Estate planning is often misunderstood. People who do not obtain professional guidance can assume that it is an either/or proposition. They are under the impression that a last will is the right choice for people who are not multimillionaires. The idea is that a trust is the other option, but it would only be useful for very wealthy people. In fact, this is a very shortsighted point of view. There are numerous different types of trusts. It is true that there are trusts that are used by high … [Read more...] about Use the Right Trust for the Right Job
