by LM2 | Nov 29, 2023 | Estate Planning |
The “estate” you own comprises much more than just physical real estate. Whether you have a modest income or sizeable assets, understanding the full scope of your estate is essential for planning purposes. Let’s delve into the various components of an estate...
by LM2 | Nov 21, 2023 | Special Needs Planning, Special Needs Trusts |
Special Needs Trusts (SNTs) are designed to provide supplemental support to individuals with disabilities without jeopardizing their eligibility for government assistance, such as Medi-Cal or Supplemental Security Income (SSI). However, there are certain expenses that...
by LM2 | Nov 14, 2023 | Estate Planning, Trustee, Trusts |
Designing a trust is a significant move in estate planning, one that provides flexibility and potential tax advantages. Central to the operation of any trust is the Trustee, responsible for managing and distributing the trust’s assets as per its terms. Given...
by LM2 | Nov 7, 2023 | Estate Planning |
“I’ll get to it later.” It’s a phrase many of us have uttered, especially when it comes to tasks that feel overwhelming or too distant to be pressing. Estate planning, for many, falls into this category. But as any experienced Torrance will...
by LM2 | Oct 28, 2023 | Estate Planning, Probate |
As an experienced Torrance probate attorney, I often receive questions from clients about the relationship between life insurance proceeds and estate debts. Many beneficiaries are uncertain about whether they are obliged to use life insurance proceeds to cover the...
by LM2 | Oct 20, 2023 | Elder Care, Elder Law |
The decision to hire a home health aide for an aging loved one is both practical and personal. While it ensures that your family member receives professional care, it also comes with its own set of challenges. As your trusted Long Beach elder law attorney, I’d...
by LM2 | Oct 14, 2023 | Estate Planning |
Inheriting a piece of jewelry from a loved one is not just about receiving a valuable asset—it’s also about inheriting a memento filled with memories and emotions. As precious as it is sentimentally, it’s equally important to ensure that the...
by LM2 | Oct 8, 2023 | Estate Planning |
It’s not uncommon for parents to add an adult child as a co-owner on their bank account. This arrangement often serves as a convenience, allowing the child to help manage finances or ensure easy access to funds in case of emergencies. However, what happens when...
by Christine Brown | Sep 28, 2023 | Estate Planning, Power of Attorney
Has your Power of Attorney (POA) been rejected by your bank because it’s “too old?” This predicament is more common than you might think. As a Long Beach Estate Lawyer, I often field questions about this issue, so I’d like to shed some light on...
by Christine Brown | Sep 22, 2023 | Estate Planning, Inheritance
The passing of a loved one is a challenging time, and amidst the grieving process, there are practical matters that need to be addressed, including the inheritance of their belongings. One particular concern that may arise is the fate of their storage unit and its...