Trustees are the ones who will administer a trust and are responsible for seeing to it that the provisions in the trust agreement are complied with. As a trustee, it is important to understand what constructive trusts are and how they work. The purpose of this type of trust is to remedy a situation where someone may be receiving property they should not be receiving. Here is what you need to know. What is a Constructive Trust? A constructive trust is different from a typical trust. It is not … [Read more...] about What Trustees Need to Know About Constructive Trusts
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Elderly Woman With Dementia is Missing in La Mirada
On October 28, 2018, an 88-year-old woman suffering from dementia was reported missing in La Mirada, as the Sheriff’s Department asked for help in locating her. Betty Giebelhouse apparently wandered away from her family’s home wearing pink pajamas and the family has no idea where she may have headed. Inevitably, seniors with dementia will need protection and assistance, not only with their daily living but also with their medical and financial affairs. Before that time comes, it is important to … [Read more...] about Elderly Woman With Dementia is Missing in La Mirada
How Do I Plan for Future Hospice Care?
Through years of experience, our Orange County Medi-Cal planning lawyers have learned that families should seriously consider planning for the potential need for hospice care. Hospice care is a type of health care service that focuses on caring for individuals instead of curing medical illness, as well as providing end-of-life care. The majority of hospice care takes place in the patient's home. It is not uncommon for friends and family of a hospice patient to serve as the primary caregivers. … [Read more...] about How Do I Plan for Future Hospice Care?
The Problem of Chronic Nursing Home Readmission
The U.S. Department of Health and Human Services reports that the rate of hospitalization in nursing homes is steadily rising. According to some statistics, one-fourth of long-term nursing home patients require hospitalization every year and one-fifth of nursing home patients receiving Medicare benefits return to the hospital within 30-days of being released. This “boomerang” effect of repeated hospitalization and nursing home readmissions is a problem. Our Long Beach nursing home lawyer can … [Read more...] about The Problem of Chronic Nursing Home Readmission
Missing Long Beach Woman Highlights the Need for Conservatorships
An elderly woman with medical conditions who is prone to becoming disoriented has gone missing in Long Beach. A resident at a long-term care facility, she was last seen leaving the facility on September 15, 2018. When loved ones become unable to care for themselves, it is often necessary to consider the need to have a conservator appointed. If you have questions about conservatorships, let our attorneys answer them for you. What is a conservator? A conservator is someone appointed by the court … [Read more...] about Missing Long Beach Woman Highlights the Need for Conservatorships
New Asset Transfer Look-Back for VA Aid & Attendance Coming Soon: The Window of Opportunity is Closing Quickly!
The Veteran’s Administration is beginning asset limits for qualification for the Aid & Attendance benefit. The limit goes into effect on October 18, 2018. If transfers are made prior to October 18, 2018, they will escape penalties on the transfer and the client would qualify. Read on for more information on this unique opportunity. New Asset Transfer Look-Back for VA Aid & Attendance Coming Soon: The Window of Opportunity is Closing Quickly! … [Read more...] about New Asset Transfer Look-Back for VA Aid & Attendance Coming Soon: The Window of Opportunity is Closing Quickly!
Estate Planning is for You, Not Just Your Parents or Grandparents
If you’re young and unmarried, do you really need an estate plan? The answer is “yes,” if you care what happens to you and your stuff. Read on to find out how an estate plan can help someone who is young and unmarried. Estate Planning is for You, Not Just Your Parents or Grandparents … [Read more...] about Estate Planning is for You, Not Just Your Parents or Grandparents
Special Accounts for People with Special Needs
ABLE accounts provide tax benefits and flexibility to disabled people. ABLE accounts are available to those disabled before age 26. Read on to learn more about ABLE accounts and how they can be used with a Special Needs Trust for maximum advantage. Special Accounts for People with Special Needs … [Read more...] about Special Accounts for People with Special Needs
Los Angeles Estate Planning Lawyers Dispel the Stigma of a Prenup
Most people would agree that prenuptial agreements (or “prenups” as they are commonly called) have developed quite a stigma. Indeed, some people believe the mere mention of one dooms a marriage to failure. But, as our Los Angeles estate planning lawyers will explain, a prenuptial agreement does not have to be a sign of distrust. Instead, it should be seen as a promise of fairness between two people who love each other but still want to protect their assets. What is a Prenup and Why Does it … [Read more...] about Los Angeles Estate Planning Lawyers Dispel the Stigma of a Prenup
What Can I Do if Avoiding Probate is My Goal?
There are a few reasons that avoiding probate may be your goal for estate planning. It may be that the expected cost of the probate process is more than you want your family to incur after your death. It may be that you don’t want your family to wait years to receive their inheritances. Regardless of your reasons, avoiding probate is a decision you should discuss with your probate attorneys beforehand. Is Completely Avoiding Probate Actually Possible? A question clients often ask is whether it … [Read more...] about What Can I Do if Avoiding Probate is My Goal?
