Irrevocable Trusts make up the backbone of most solid asset protection planning strategies. These trusts can help protect property and financial assets if you should end up in a nursing home, and depending on your individual situation, can also help by saving you a...
Year: 2018
4 Types of Property to Put in a Revocable Living Trust
To many, the best reason to create a Revocable Living Trust is to avoid probate and put a quick end to the estate administration process. However, a trust needs to be funded for it to have any real effect on the probate and estate administration process. Here are four...
Should You Worry About Avoiding California Probate?
Avoiding probate in California is one of the main benefits of estate planning and asset protection planning. But what exactly does it mean to avoid probate, and is it something you should be concerned about? The main reason many people want to avoid California probate...
Encino Estate Planning Lawyer: How to Claim Death Benefits
The loss of someone close is a terrible experience to deal with, but what could make the situation even worse is the financial aspect that accompanies funeral and burial expenses. Money issues are the last thing grieving families want to think about, but difficulties...
3 Ways to Qualify for Medi-Cal by Spending Down | Encino Elder Attorney
Qualifying for Medi-Cal benefits can be difficult if applicants own too many assets because Medi-Cal is a needs-based program. Additionally, there is often a look back period on any asset transfers that could disqualify applicants from receiving benefits. However,...
3 State Benefits Available for Children with Special Needs
Children with Special Health Care Needs, as defined by the Social Security Act, are eligible to receive a number of government benefits to pay for their care, services, and medical aid. There are many ways a child can qualify as a Child with Special Health Care Needs...
When a Trust Isn’t an Option: Planning for Your Loved One with Special Needs
Special needs trusts are great tools for families that want to protect assets and give their loved one with special needs an enhanced quality of life. The truth is, however, that special needs trusts are not always the best solution. This is due to factors based on...
Encino Elder Attorney: The Pitfalls of Working While Receiving Social Security Benefits
Working past retirement age is a requirement for some seniors, since Social Security benefits and retirement savings often cannot keep up with the cost of living. Whether it’s working in your previous career or taking on a new job, seniors must be aware of the...
Encino Will and Trust Lawyer: Family Feuds Are Funny On TV – But Not So Much in Real Life
Nearly every week we receive calls from family members who are upset about a deceased loved one’s estate. Unlike in TV shows, real-life family feuds are no fun. Disputes over who gets your property after your death can drag on for years and deplete your entire estate....
Encino Business Lawyer: Deduct Expenses from Your Retirement Business
Many people begin a second career in their retirement years by starting a new business. A retirement business allows you to stay busy and work as little or as much as you’d like while making some extra money to complement your retirement. However, you want to make...