Many clients create a living trust as a way to avoid the time and cost of probate. Every state has its own probate laws which establish the requirements for creating living trusts in order to ensure they are valid. If you are considering including a living trust in your estate plan, then you need to first understand how a living trust works. Here is some information from a living trust lawyer Sacramento residents can use. What is a living trust? A "living trust" is a special type of trust that … [Read more...] about Information From A Living Trust Lawyer Sacramento Area Residents Can Use
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Retirement Planning Sacramento Area Couples Should Not Be Without
When it comes to retirement planning, Sacramento couples need to know it is never too late to start. If you believe that you can safely rely on your Social Security benefits, you might be unpleasantly surprised. Instead of taking that risk, be proactive and create your comprehensive retirement plan now. That way, you can relax and enjoy your retirement the way you always hoped you would. One simple way to get started is by opening Individual Retirement Plans, which can help you start saving … [Read more...] about Retirement Planning Sacramento Area Couples Should Not Be Without
Elder Law and Conservatorship
When a parent becomes mentally impaired, it is only a matter of time before they need help taking care of their own personal and financial affairs. Some of the common signs of diminished capacity are disorientation and memory loss. When you see these signs, it may be time to consider taking steps to provide necessary care. It would be best however to make plans ahead of time. Whichever course you take, there will be many difficult issues ahead, but your elder law attorney can help. Formal … [Read more...] about Elder Law and Conservatorship
What You Need To Know About Medi-Cal Eligibility
Simply because you are particularly healthy at the moment, that does not mean you won't eventually need long-term care in the future. This is a common misconception shared by some Sacramento residents. You may not have health issues right now, but you cannot predict how healthy you will be in 30 years? In fact, an unexpected injury could leave you with health issues that ultimately require long-term care as well. It is estimated that a majority of those over the age of 65 need long-term care … [Read more...] about What You Need To Know About Medi-Cal Eligibility
Sacramento State’s Summer Academy Steers High Schoolers toward the Farm
This summer, Sacramento State's College of Continuing Education will present Farm-to-Fork. This new Summer Academies series gives high school students exposure to farming careers while learning where our region’s food comes from, as well as how to encourage healthy communities. Sacramento community farmers, don't forget your farm plan – an invaluable tool in your estate planning arsenal. How the Farm-to-Fork initiative works Nicole Rogers is the head of the Farm-to-Fork initiative for the … [Read more...] about Sacramento State’s Summer Academy Steers High Schoolers toward the Farm
Business Planning Attorney Provides Advice for Small Businesses
A proper estate plan can help protect your assets from excessive taxes and creditors, control how your assets should be distributed, to whom and when, and so much more. The same is true for small businesses, as your business planning attorney can tell you. Understanding how small businesses can benefit from business planning will help you organize your business and plan for succession of that business to your heirs. Planning for the estate tax consequences for business owners If you are a … [Read more...] about Business Planning Attorney Provides Advice for Small Businesses
Do You Know about Living Trust Benefits?
When it comes to things like maintaining control of your assets during your lifetime and avoiding probate of your estate after death, a living trust is a great choice. It is common for clients to search for ways to avoid the time-consuming, expensive probate process, without having to relinquish complete control of their assets during their lifetime. Here are some of the most important living trust benefits you should consider when creating your estate plan. Understanding what a living trust … [Read more...] about Do You Know about Living Trust Benefits?
Should I Worry About California Estate Taxes?
A primary concern for most clients, with regard to estate planning, is the matter of estate taxes. Indeed, for most people the primary goal of estate planning is to reduce or eliminate estate taxes as much as possible. While California estate taxes are no longer imposed, the federal estate tax remains. The federal estate tax rate is currently 40%. However, there is an estate tax exemption that excludes most people from paying estate taxes. California Estate Taxes have been … [Read more...] about Should I Worry About California Estate Taxes?
Avoiding Ancillary Proceedings in Sacramento Probate Court
It is common knowledge that probate can be a lengthy and costly process, taking months to years to complete, in some cases. So, the thought of having to go through that process in more than one court might be too much. However, if you have property located in a state other than where you live at the time of your death, your estate may be required to go through ancillary probate. Ancillary proceedings in Sacramento Probate Court can be avoided, if you know how. What is meant by ancillary … [Read more...] about Avoiding Ancillary Proceedings in Sacramento Probate Court
Sacramento County Retired Employees Association Assists Employees in Reaching Retirement
The Sacramento County Retired Employees Association, or SCREA, was created for the purpose of promoting the welfare of its retired citizens, as well as, helping them to transition into retirement as effectively as possible. The Association is the only formally recognized retiree organization that represents Sacramento County retirees. Indeed, one of the best ways to reconnect with prior co-workers is to attend the quarterly luncheons, social events hosted by the SCREA including guest speakers … [Read more...] about Sacramento County Retired Employees Association Assists Employees in Reaching Retirement
