While it is true that a will is one of the most common estate planning tools, not everyone has one. As all Los Angeles estate planning lawyers can tell you, with a will you will be able to establish exactly how they want their estate to be distributed upon their death. Without a will, though, you will have no control over the distribution of their property. Instead, your estate will be divided up according to the laws of intestate succession in their state. Here, your Los Angeles estate … [Read more...] about What Happens if I am Single and I Die Without a Will?
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Los Angeles Elder Law Lawyers Give Advice about Elder Financial Abuse
Elder abuse is not limited to physical violence or neglect. Seniors are also susceptible to elder financial abuse, so Los Angeles elder law lawyers know the signs and can help you determine whether you need to be concerned. According to one study, millions of elderly residents are victims of financial abuse, including "unfair, deceptive, or abusive practices.” It is estimated that this elder financial abuse results in an average loss or more than $140,000 per victim. What type of conduct is … [Read more...] about Los Angeles Elder Law Lawyers Give Advice about Elder Financial Abuse
The Benefits of Los Angeles Asset Protection Trusts
Asset protection should be one of several important goals for every estate plan. Being able to protect your assets from creditors and other liability sources can be very beneficial. Asset protection strategies are necessary if you want to preserve as much of your estate as you can for your heirs. That can only be accomplished if you properly protect your assets. Los Angeles asset protection trusts are one method to consider. When should Los Angeles asset protection trusts be created? When … [Read more...] about The Benefits of Los Angeles Asset Protection Trusts
What Happens if My Spouse and I Die at the Same Time?
If you want your estate to be protected for your loved ones, as nearly everyone does, then you must have an estate plan. Without estate planning, your family will likely face overwhelming tax burdens, as well as other unwanted consequences. You may also be leaving many of the decisions regarding your estate to the court instead of making them yourself. But, with the help of one of our Los Angeles estate planning lawyers, you can create the perfect plan. Estate planning allows your assets go to … [Read more...] about What Happens if My Spouse and I Die at the Same Time?
Unfortunate Death of Veteran with Dementia Reminds us about Incapacity Planning
A few months ago, a 68-year-old Vietnam veteran living in Thousand Oaks was killed in a hit and run. Rogelio Paredes lived in an apartment complex with other retirees. One day in February, however, Paredes disappeared unexpectedly and was immediately missed by his neighbors. His body was later found two miles from his home in the median of the northbound 101 Freeway. This unfortunate event reminds us of the need for incapacity planning. Victim suffered from dementia It was determined that … [Read more...] about Unfortunate Death of Veteran with Dementia Reminds us about Incapacity Planning
Hospice Care
Hospice care is different from most other types of medical care. The focus is on controlling pain, managing symptoms, and fulfilling emotional and spiritual needs. Hospice care helps not just the patient, but also family and loved ones. Hospice is usually recommended when a patient has a terminal condition and no longer wishes to pursue curative treatments. The focus is on comfort, on maximizing quality of life during a patient's remaining time, and on a peaceful end to life. Hospice may be a … [Read more...] about Hospice Care
Will Medi-Cal let me Sell My Home After my Spouse Dies?
Understanding that eligibility for Medi-Cal will impose limitations on the total value of countable assets and that even exempt assets may be subject to recovery by Medi-Cal after the death of the recipient, many clients wonder whether they will be able to keep or sell their homes after a spouse receiving Medi-Cal benefits passes away. If you are faced with this situation, discuss your options with one of our Orange County elder law attorneys. What is Medi-Cal? Medi-Cal, California’s state … [Read more...] about Will Medi-Cal let me Sell My Home After my Spouse Dies?
Five Mistakes to Avoid When Creating a Will
Nearly everyone understands how important it is to take steps to protect the future of your loved ones. Without estate planning, your family will likely face overwhelming tax burdens and other unwanted consequences. You may also be leaving many of the decisions regarding your estate to the court instead of making them yourself. The first step is creating a will and here are five mistakes you can avoid. What is required when creating a will? A will is a written legal document that provides … [Read more...] about Five Mistakes to Avoid When Creating a Will
Check Out the Los Angeles Department of Animal Services for a New Pet
If you are not familiar with the Los Angeles Department of Animal Services, its mission is to “Promote and Protect the Health, Safety and Welfare of Animals and People in the City of Los Angeles.” The department offers a wide range of services related to adopting pets, finding lost pets, licensing animals as required, animal vaccinations. The Department of Animal Services can also provide spaying and neutering, and microchipping. Looking for a new pet or to rescue a needy animal? The Los … [Read more...] about Check Out the Los Angeles Department of Animal Services for a New Pet
Nursing Home Expenses in California
Nursing home expenses will vary quite a bit from one facility to another, not only around the nation but also in the same city. Although the cost of a private nursing home room in the United States only increased a little over one percent from 2015 to 2016, the median cost is still over $92,000 a year. What is worse is the fact that most of us seriously underestimate these costs when we are creating our estate plans. How California average monthly nurse home rates compare to the nation The … [Read more...] about Nursing Home Expenses in California
