by Christine | Feb 4, 2015 | Advanced Health Care Directive, Asset Protection, Conservator, Conservatorships, Elder Law, Estate Planning, Living Trust, Living Will, Medical Directives, Probate, Trusts, Wills |
Create a file that you name sometime like "ICE," which stands for “in case of emergency.” Some people call this their “grab-and-go” file, since that’s what it’s for. Make sure that anyone who needs to have this information knows how to access it. For...
by Christine | Feb 3, 2015 | Advanced Health Care Directive, Elder Care, Elder Law, End of Life Decisions, Estate Planning, Medi-Cal, Medi-Cal Long Term Care, Medicaid, Medical Directives, Retirement, Retirement Planning, Trusts |
Consulting financial and tax advisers as part of planning the retirement process is essential to get the health-care piece covered. Enjoying truly golden retirement years means a lot of different things to different people, but it should include planning for long-term...
by Christine | Jan 29, 2015 | Asset Protection, Assets, Conservatorships, Elder Law, Estate Plan, Estate Planning, Estates, Individual Retirement Accounts (IRA), Inheritance, Living Trust, Probate, Retirement, Retirement Planning, Special Needs, Tax Planning, Trusts, Wills |
“We’re not surprised by the fact that people don’t know a lot about retirement income planning,” says David Littell, program director at the American College. “I was surprised at how badly they did.” Could you pass a retirement literacy test? Apparently, 80% of...
by Christine | Jan 28, 2015 | Basis, Elder Law, Estate Planning, Retirement Planning |
As the Conservator of [my mom's] estate, I'm trying to help her decide what to do with the house. Let another family member live in it who couldn't pay rent but could help with upkeep? Rent it out for market value? Or sell? If she hasn't already, an...
by Christine | Jan 27, 2015 | Asset Protection, Elder Law, Estate Planning, Estate Tax |
In 2015, only estates worth more than $5.43 million per individual would owe federal estate taxes if the estate owner dies this year. That's up from last year's $5.34 million estate tax exemption. (In addition, the federal lifetime gift tax exemption also...
by Christine | Jan 26, 2015 | Caregivers & Caregiving, Elder Care, Elder Law, Individual Retirement Accounts (IRA), Long Term Care, Retirement, Retirement Planning |
Adult children who become caregivers often pay a steep price. However, with some smart strategies, you can avoid sabotaging your financial future. What can you do ahead of time to help ease the financial burden of caring for your aging parents? Look into potential tax...
