Top Three Benefits of Establishing an Asset Protection Trust

Qualifying for Medi-Cal is one of the only ways some California residents can pay for their long-term health care needs. Unfortunately, if you apply for assistance while owning certain types of property the state of California has the right to seize these assets to pay for your care.  Sacrificing the property and money you have built a lifetime accumulating in return for medical care or assistance when you are Read More

How to Protect Your Assets From Medi-Cal

Medi-Cal is a program that provides medical insurance and income assistance to individuals who meet certain income requirements. These programs are especially important to those who are elderly and have mental or physical disabilities. Unfortunately, if a person who is receiving Medi-Cal has, or receives, assets such as cash, property, life insurance policies, or retirement funds, it is possible that some or all Read More

Signs of Financial Elder Abuse

Recently the oldest veteran in the United States was the victim of identity theft, leaving the 112-year-old man with a seriously depleted bank account. Sadly, strangers are not the only people taking advantage of our nation’s senior citizens. One of the most underreported forms of elder abuse occurring today is financial abuse and exploitation. Older citizens who must rely on their adult family members and Read More

Legal Separation and Estate Planning

Creating an estate plan allows you to ensure that your loved ones and their inherited assets are protected when you pass away. The question many fail to ask themselves is, what happens if I pass away in the middle of a divorce? Over the past few months, two celebrities, Anthony Bourdain and Kate Spade, both died while they were separated from their spouses. While little is known about Kate Spade’s reported Read More

Potential Life Insurance Mistakes and How to Avoid Them

Life insurance is something that provides your loved ones with financial security in the event of your passing. Families with one primary income earner and those with large amounts of financed property are especially likely to benefit from life insurance. While life insurance policies have become a critical part of estate planning, it is possible to make mistakes that could rob your loved ones of the protection you Read More

Why Probate Takes So Long

Probate in the United States has acquired a bad reputation because of the time associated with completing the process along with the potential problems that could arise. Many people only have to deal with probate once in their lives, adding to the stress since there is no way to properly prepare for it. By the time you figure out the process, the situation is usually resolved. Understanding why probate takes so long Read More

Why Some People Procrastinate on Estate Planning

Multiple studies and surveys conducted over the past three years have shown that over 60% of adults in the United States do not have a will. While some people admit to being ignorant regarding the importance of estate planning, others are aware of why it is necessary but do not create an estate plan because they are putting off the task. Unfortunately, procrastination is extremely common and something that affects Read More

Top Three Reasons Handwritten Wills are Disputed

Handwritten wills, also referred to as holographic wills, were once the norm in the majority of the United States. In the past, the average consumer did not have access to a computer or the ability to afford an attorney. Now that the majority of Americans have access to computers, the internet, and affordable legal advice, the necessity of handwritten wills is being questioned.   Though California and a few other Read More

Elder Abuse Warning Signs

Friday June 15, 2018 was World Elder Abuse Awareness Day. The day was created to bring attention to the thousands of older people who are exploited, neglected, or otherwise abused by those entrusted to their care. Elder abuse can happen to anyone and is often inflicted by the ones closest to the most vulnerable in our lives. Recently, Stan Lee, the famed publisher and former editor-in-chief of Marvel Comics, was Read More

Understanding Medi-Cal Costs and Resource Allowances

Medi-Cal is a state and federal assistance program that provides medical care for low income California residents. While the program does have income requirements, anyone who is considered “medically needy” based on his or her financial resources can qualify. Though the program does make allowances for those with limited resources, it is possible for a person who was previously found to qualify for Medi-Cal to lose Read More