Where Wills May be Kept

On August 16, 2018 Aretha Franklin, the Queen of Soul, passed away in Detroit, Michigan at the age of 76. The legendary singer left behind four children and surprisingly, absolutely no will.  Aretha Franklin became one of the 64% of Americans who pass away without a will each year. Though it is possible that a will may be found, those closest to the singer believe she never wrote one. However, it is important to Read More

Advice for Challenging an Executor

When your loved one and his or her trust and estate lawyer create a will, an individual is named to administer the estate. This person, commonly referred to as an executor, will make sure that the estate’s debts are paid and that bequests are distributed as outlined in the estate plan. While in most cases, the person chosen for this important task is more than capable of handling the duties, occasionally an executor Read More

Tips for Protecting Loved Ones from Financial Abuse

As the population of senior citizens in the United States continues to grow, so does the number of fraud complaints. The United States Justice Department has taken a hard stance against those who specifically target the elderly for fraud, but unfortunately hundreds of arrests and charges have not completely eradicated the problem. Not only does the Federal Trade Commission (FTC) continue to report a rise in financial Read More

Three Expensive Estate Planning Mistakes

After spending a lifetime building wealth to leave to their heirs, many people fail to take the time to create a basic estate plan that ensures their assets are distributed in a manner in which they would approve. While those who do remember to create an estate plan ensure that their beneficiaries have an idea of how to handle their final wishes, some make major mistakes can lead to serious problems. When an estate Read More

Documents to Include in an Estate Plan

When the time comes to make an estate plan, most people fixate on writing their wills. While having a will is important since it ensures property is transferred in a manner that you approve, it is not the only thing that you need to worry about. To protect your family and your legacy it is important that you know what documents to include in an estate plan. Failing to include certain documents can create problems for Read More

Tips for Finding Lost Assets

Each year people pass away and leave behind assets that their heirs never receive. The reason heirs never receive the assets is not because they are barred from doing so; it is because they rarely know that the assets exist. With few adults in the United States leaving behind wills and many forgetting to include a complete list of assets in their accounts, it is surprisingly easy for property to remain unclaimed for Read More

How Property Disputes Harm Your Heirs

In December of 2017 French-born musician Jean-Philippe Leo Smet, commonly known as Johnny Hallyday, passed away leaving behind a widow and four children. Often referred to as the French Elvis Presley the musician resided in Los Angeles, California citing the high taxes in France as his reason for relocating to California. While living in California, Hallyday drafted a will that left his entire estate to his wife and Read More

Critical Issues to Consider When Composing Your California Estate Plan

Most people will focus their attention on the estate planning issues that come to mind first, such as who is entitled to what, whether or not to create a living trust to ensure that probate is avoided, and minimizing estate and gift taxes with proper tax planning. However, there is a list of smaller, but just as important, issues that are crucial to consider to ensure that your California estate plan is successful. Read More

Financial Scam Safeguards: Protecting Our Seniors

Elder abuse and neglect has been a sad topic in the news for many years now, from nursing homes that do not provide protections for elders in their care to scammers who often successfully financially drain vulnerable seniors. Because of the financial scams, in April 2015, the Financial Industry Regulatory Authority (FINRA), the organization in charge of regulating U.S. professionals and firms that sell securities, Read More

Are There Any Medi-Cal Recovery Limits?

There is no doubt that Medi-Cal recovery is a worry for many elders and their families. Fortunately, for those who have been worried about possible changes under a new president, Governor Brown signed into law a new bill called Senate Bill 833 (SB833), which has added protections for any senior estates that are subject for recovery under Medi-Cal. The new law, SB833, limits how Medi-Cal can recover from estates in Read More