by Christine | Feb 19, 2014 | Asset Protection, Elder Law, Estate Planning |
Could you be legally liable for paying for your parents’ care? Filial support laws exist in 29 states (California is ONE of those 29 states) as well as Puerto Rico, and have quietly existed on the books for a long time. Now, however, these laws are a very real and...
by Christine | Feb 18, 2014 | Estate Planning, Family Business |
As for the last conspiracy theory – elite families passing their wealth from generation to generation – evidence suggests that it is the exception rather than the rule. If you were able to create some wealth through the family business, how do you keep it going in...
by Christine | Feb 14, 2014 | Estate Planning, Gift Tax |
The law created a chance for wealthy families to move assets out of their estates and let their heirs benefit from any appreciation in value, said Lisa Featherngill, a managing director at Abbot Downing, a wealth-management unit of Wells Fargo & Co....
by Christine | Feb 13, 2014 | Estate Planning, Wills |
You should prepare a will so your heirs will be taken care of in an organized, legal and efficient manner, according to your wishes. Preparing your will is not exactly a "fun" thing to do, as most people don't want to think about the end of their own...
by Christine | Feb 12, 2014 | Elder Law, End of Life Decisions, Estate Planning |
To avoid a crisis in your family, be sure your parent has the following documents. Some of the most important end-of-life planning should include making sure your loved ones have the legal right to take care of you later in life. Accordingly, there are some essential...
by Christine | Feb 11, 2014 | Elder Law, Estate Planning, Medi-Cal, Medi-Cal Long Term Care, Medicaid |
The fear that the government could one day seize their homes is deterring some people from signing up [for Medi-cal]. Medi-Cal [Medicaid in all other states] comes with a lot of give and take. It is a safety net for those who need it, but it does come with its...
by Christine | Feb 10, 2014 | Estate Planning, Real Estate |
Emotionally, it's hard to let go of a home filled with memories. Moving is a hassle, and downsizing to a smaller home isn't always the cash bonanza some might expect. When entering your golden years of retirement, what is the ideal living arrangement for your...
by Christine | Feb 7, 2014 | Elder Law, Medi-Cal, Medi-Cal Long Term Care |
My mother gave me money in 2009. Now (2014) she is in a nursing home and needs to get Medi-Cal (Medicaid in all states, except California). Does that money need to go back in her account because of Medi-Cal's five-year lookback? Medi-Cal is...
by Christine | Feb 5, 2014 | Estate Law, Payable On Death Account, Trusts, Wills |
You might be a candidate for a trust that you never needed before. A trust is a great tool within an estate plan, one with unique goals depending upon the one making the plan. Some goals are very common, while others don't exactly follow the mainstream. A recent...
by Christine | Feb 4, 2014 | Uncategorized |
Giving back is about linking passion with action, and it does not have to be complex—but it does have to be well thought out to be effective. As many well-to-do but generous Americans can attest, your philanthropy can do more than just help the cause or causes...
