Law Offices of Gerald L. Kane Legal Blog
As circumstances change and life throws new challenges our way, it’s important to take a look at your future plans and make sure they still match your wishes. This means examining your existing estate plan and making changes if necessary, which is especially true for...
Planning early for your retirement is the best way to ensure that you can enjoy your golden years. Keep in mind that while it’s never too early to start planning, it can sometimes be too late. That’s why it’s a good idea to take a look at all your retirement options...
Revocable Living Trusts are designed to serve a variety of functions, such as providing individuals with greater control over how their assets and property are handled in the event of incapacitation or death, while also sparing loved ones from having to deal with the...
Being organized makes life easier, while setting your financial life in order will help you become more efficient when dealing with day-to-day tasks like paying bills. It will also put you in a perfect position to take care of your estate planning, once and for all. A...
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...
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...
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...
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,...
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....
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...