There are many different tax breaks and loopholes in our system for religious organizations, schools, and businesses, as well as for certain groups of people. One such group is senior citizens, who may especially benefit from certain tax deductions. Each year, seniors...
Year: 2018
Encino Special Needs Lawyer: 3 Things You Need to Know About Special Needs Trusts
When you have a loved one with special needs, you want to make sure that they’re taken care of in every instance – especially after you’ve passed away or if you can no longer care for them by yourself. That’s why creating a special needs trust is so important when it...
Is Long-Term Care Insurance Right for You?
As medicine has advanced over the past several decades, lifespans have happily increased, and people are living longer, healthier lives well into retirement. However, one downside as people age further and further is the need for skilled, long-term care. Long-term...
Encino Trust Lawyer: Everything You Need to Know About Estate Planning for Blended Families
Here is a situation that happens all too often to seniors and boomers who decide to remarry late in life: Following their wedding, a couple who each have their own children and grandchildren do not create an estate plan. When the first spouse dies – in this case,...
Encino Elder Lawyer Asks, “How Much Do You Know About Long-Term Care?”
A stay at a long-term care facility is a common reality for many seniors, whether it’s a brief stay in a nursing home for recuperation and rehabilitation after a procedure or a more permanent stay in the case of a chronic disease such as dementia or Alzheimer’s....
Are You Prepared to Avoid California Probate?
Did you know that an estate valued at $400,000 is estimated to cost $22,000 in attorney fees and executor fees in California without proper estate planning? In fact, the cost only goes up from there depending on how much your estate is worth: a $500,000 estate can...
Encino Elder Lawyer: Which Power of Attorney is Right for Me?
A Power of Attorney is a document which names an agent to handle your financial affairs if you are incapacitated or otherwise unable to, while also explaining any limitations you wish to place on your agent while they act in your stead. There are many Power of...
Encino Estate Attorney: What You Need to Know About Guardianship Laws in California
Guardianship cases involving minor children can be complicated and expensive, especially if you do not have proper help or advice. Each guardianship case goes through the court system, but the process can be made smoother with proper planning. Below is the information...
The Four Types of Real Estate Deeds You Should Know About
During the estate planning process, real estate properties can be sold, given to family, or put into trusts depending on the situation and goals of the planners. Depending on what course of action needs to be taken, a different deed is required. Here are the four most...
Los Angeles County Special Needs Lawyer: Protecting Benefits with a Special Needs Trust
Many people have questions about whether they can still receive government benefits after coming into an inheritance. The simple answer is yes, but there is a significant amount of planning that must occur to protect both the benefits and the inheritance, which...