Elder abuse is not limited to physical violence or neglect. Because seniors are also susceptible to elder financial abuse California attorneys know the signs and can help you determine whether you need to be concerned. According to a 2013 study, millions of elderly citizens 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. An example of financial … [Read more...] about Elder Financial Abuse California Attorneys Know the Signs
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Dying Intestate – California Blended Families Need to Plan
For most, a second marriage can be a blessing. But for some they come with special challenges, especially in the area of estate planning. When you and/or your spouse have children from previous relationships, in addition to their own children together, the situation can become rather complex. The same is true for the assets you and your spouse may have brought into the relationship, as well as those assets you accumulate together. Having an estate is very important as dying without a will (or … [Read more...] about Dying Intestate – California Blended Families Need to Plan
Aspects of a Living Will California Residents Should Know
It may be surprising how often people confuse a living will with a last will and testament or a living trust. There are certain aspects of a living will California residents should know. For instance, a living will is used to provide specific instructions regarding the type of medical treatment you agree to or want to refuse if you should ever become critically ill. Living wills include legal documents such as Do Not Resuscitate orders or DNRs. Here is what you should know. How a living … [Read more...] about Aspects of a Living Will California Residents Should Know
What you should know about Los Angeles County Probate Court
The Los Angeles County Probate court handles the legal process required after someone passes away in order to distribute their remaining estate to their heirs or beneficiaries. The process typically involves proving the existence of a valid will if there is one, gathering and creating an inventory of the property included in that estate, appraising the property where necessary, paying debts and taxes, and finally distributing the remaining property appropriately. Los Angeles County Probate … [Read more...] about What you should know about Los Angeles County Probate Court
Estate Administration and the Distribution of Property
If you have been called upon to act as a fiduciary for a loved one’s estate, it may be helpful to be familiar with estate administration in California and the distribution of property. When a resident and/or property owner in California dies, that person’s estate must go through a legal process known as probate. In California, if there was a will, and a personal representative was named in the will, that person is referred to as an “executor.” However, if there was no will, or if the will does … [Read more...] about Estate Administration and the Distribution of Property
How to Roll Over an IRA
If you receive or anticipate receiving distributions from your retirement plan before you actually retire, there can be significant tax consequences. However, if you roll over payments from your IRA to another IRA within 60 days you can avoid those consequences. In fact, your bank or other financial institution can transfer the payments directly into another Individual Retirement Account if you choose. Understanding IRAs works An Individual Retirement Account is basically a type of … [Read more...] about How to Roll Over an IRA
Los Angeles Medi-Cal attorney discusses Medi-Cal Fraud
Unfortunately, Medi-Cal fraud and abuse are a reality. It costs billions every year in diverted funds that could have been used for valid health care services. Because of this fraud and abuse, the cost of Medi-Cal has increased needlessly. Another problem is the risk of harm to patients who are unknowingly exposed to unnecessary medical procedures for the benefit of fraudulent doctors. Your Los Angeles Medi-Cal attorney can help you avoid fraud on your part. What is considered Medi-Cal … [Read more...] about Los Angeles Medi-Cal attorney discusses Medi-Cal Fraud
Why you need a Los Angeles estate planning attorney
When it is time to start planning for your future and the future of your family, the advice of a Los Angeles estate planning attorney can be of great benefit. Estate planning attorneys a great resources when it comes to making a choice as to which estate planning tools will best suit your needs and the needs of your family. The type of work your Los Angeles estate planning attorney can do Estate planning attorneys specialize in assisting clients with preparations for death and incapacity, … [Read more...] about Why you need a Los Angeles estate planning attorney
Los Angeles Businesses Can Receive Economic Injury Disaster Loans
California has been suffering from significant water shortages for at least the last five years, putting the state in a prolonged period of drought. Although El Niño has periodically increased the rainfall, California would still need to see two and a half to three times its average rainfall in order to even start ending the drought. According to reports, at least 40 percent of water consumption is used for agriculture in California. So, what can those small business owners do when the … [Read more...] about Los Angeles Businesses Can Receive Economic Injury Disaster Loans
Living Trust Attorney Explains how a Living Trust Works
A living trust is a favorite among clients when it comes to probate avoidance. Most clients are seeking ways to avoid the lengthy and expensive court proceeding. In the absence of a trust or some other estate planning tool, estates are required to go through probate. However, before you choose a living trust for your estate plan, you should be familiar with the advantages and disadvantages of this popular estate planning tool. What is a living trust? A “living trust” is a trust that … [Read more...] about Living Trust Attorney Explains how a Living Trust Works
