by Christine | Jun 28, 2013 | Elder Law, Estate Planning, Long Term Care Insurance, Medi-Cal Long Term Care |
In our society women tend to live longer than men and to provide more care than men. The result is that women are much more likely than men to end up in a nursing home for a long period of time. If you are playing the odds when it comes to long-term care insurance,...
by Christine | Jun 27, 2013 | Elder Law, Estate Law, Joint Ownership |
I often see older people with other peoples’ names on their property as co-owners. Legally, the ownership is joint tenants with right of survivorship, meaning that upon the death of one joint tenant, the surviving joint tenant becomes the sole owner of the...
by Christine | Jun 26, 2013 | Estate Planning, Individual Retirement Accounts (IRA), Investments, Retirement Planning |
If you want to use your IRA to buy real estate, you need to understand what you can and can’t do. Did you know that IRAs can be used to own other types of assets, such as investment property? Most taxpayers don’t know about some great tax advantages gained with IRAs...
by Christine | Jun 21, 2013 | Digital Assets, Estate Planning, Virtual Assets |
Much has been written about how family members struggle to get access to the e-mail and social network accounts of loved ones who have died. They have sentimental value much the way photo albums and personal letters do. But far less attention has been paid to...
by Christine | Jun 20, 2013 | Beneficiary Designation, Estate Law, LIfe Insurance |
Words to the wise: keep beneficiary forms up to date. To change a beneficiary — for example, if you get married or divorced or your spouse dies — make sure to file an amended form. Even if your state has a law designed to cover oversights (or procrastination), you...