Trustees of special needs trusts shoulder an incredible amount of responsibility. In addition to providing care for the individual with special needs, they must also make sure the assets in the trust are spent wisely and will not disqualify the person from any...
Helping You Protect Your Loved Ones And Your Legacy
Year: 2019
How to Qualify for Medi-Cal – Even If You Have Too Many Assets
Medi-Cal is a needs-based program meant to help those without considerable resources access medical care and benefits. Since it is needs-based, there are significant asset and income limits attached to eligibility, which can easily lead to a disqualification from...
Encino Estate Lawyer: What Happens to Your Digital Assets After You Pass Away?
Digital assets and what happens to them after you pass away are fairly new concerns for people. However, this issue must be given significant thought, since so much of our lives are impacted by the digital age. To help alleviate these concerns and give more control to...
LA County Elder Law Attorney: How to Help an Elderly Parent Manage Money
A concern for many adult children with an aging parent is whether or not they can still handle money and make sound choices regarding their financial affairs. There are many reasons why an elderly parent would have trouble handling their own finances, usually due to...
Encino Trust Lawyer Answers: “What is a Qualified Personal Residence Trust (QPRT)?”
Family homes and other real property are usually the most valuable assets in an estate. While homeowners may want to leave these properties to children or other beneficiaries as part of an inheritance, tax burdens can throw a wrench into those plans. Unfortunately,...
Encino Trust Lawyer: How to Safely Leave an Inheritance to an Adult Child with Substance Abuse Problems
Just about everyone knows or loves someone with a substance abuse problem. The detrimental effects impact many facets of American society. Sadly, we are seeing an upswing in the number of clients that have to deal with a loved one’s substance abuse in their estate...
Is My Advanced Healthcare Directive Valid Outside of California?
Many senior citizens in California who travel during their retirement years worry about whether their estate planning documents will be accepted when they go outside of the state, particularly the Advanced Healthcare Directive. The good news is that an Advanced...
Avoiding Los Angeles County Probate with a Roth IRA
Roth IRAs are financial accounts that provide excellent retirement planning tax benefits and can help avoid probate here in Los Angeles County. For tax planning purposes, you should know that: The contributions made to a Roth IRA are not tax deductible, which is...
