One thing every family of a special needs child knows is that it often takes a village. In other words, the more helpful information you can obtain, from as many sources as necessary, the easier the challenge of raising a special needs child can become. Raising children with autism is no exception. One nonprofit charitable organization known as "TASK" is working in California to provide such assistance. TASK serves California families with special needs The mission of TASK is "to enable … [Read more...] about Upcoming Workshop in Los Angeles Provides Helpful Information for Children with Autism
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Avoiding Federal Estate Taxes
Avoiding Federal Estate Taxes from Scott Schomer A living trust does not save on taxes because you retain the ability to amend or revoke the trust at any time. Estate taxes can only be avoided if the assets are effectively removed from your estate. But since you can take back your assets at any time, in reality you still own those assets. As such, federal tax laws include living trust assets in your estate for the purpose of estate taxes. Learn more about avoiding federal estate taxes in this … [Read more...] about Avoiding Federal Estate Taxes
Three Common Issues with Medi-Cal and Nursing Homes
The need for long-term care can come, not only from illness, but also from a catastrophic injury. That's why the potential need for Medi-Cal cannot be overlooked by anyone. In some situations, the need for assistance with daily activities may lead to long-term care needs, as well. Because health insurance does not always adequately cover the cost of long-term care, if at all, Medi-Cal benefits may be a necessity. However, you should be familiar with these three Medi-Cal issues relating to … [Read more...] about Three Common Issues with Medi-Cal and Nursing Homes
Three Ways to Protect Your Assets from Medi-Cal
With the passing of the Affordable Care Act, the national minimum eligibility level for Medi-Cal is 133% of the federal poverty level. A common misconception that many people have is that they can make themselves eligible for Medi-Cal by, basically, giving away their assets. However, there are mechanisms in place that discourage individuals for doing just that. If you transfer your assets within five years of applying for benefits, Medi-Cal will likely withhold your benefits for a specified … [Read more...] about Three Ways to Protect Your Assets from Medi-Cal
Living Trust: 3 Most Common Myths
A living trust is a particularly useful estate planning tool and should be included in every estate plan. However, before you take that step, there are a few common myths regarding living trusts of which you should be aware. This article will debunk the 3 most common myths. For a complete understanding of how this estate planning tool can benefit you, discuss your options with your Los Angeles estate planning attorney. Myth No. 1: You have to give up control of your property when you create … [Read more...] about Living Trust: 3 Most Common Myths
When Does Medi-Cal Pay for Nursing Home Care?
Long-term care facilities, like a nursing home or assisted living facility, are often very expensive. Unfortunately, private health insurance policies usually do not cover these services. Medicare coverage for long-term care is limited and most people do not have private long-term care insurance policies. For California residents who require long-term care services, Medi-Cal is the source of funding most often used. In fact, Medi-Cal covers the nursing home expenses of nearly 65% of California … [Read more...] about When Does Medi-Cal Pay for Nursing Home Care?
4 Reasons You Must Have an Estate Plan
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. What is estate planning? Estate planning is the way you prepare yourself and your family for what happens after your death. Estate planning … [Read more...] about 4 Reasons You Must Have an Estate Plan
Asset Protection: When do you Need it and Why?
Estate planning can have many goals. Asset protection is one of those goals. Being able to protect your assets from creditors and other sources of liability can be very beneficial. As your asset protection lawyer will tell you, preserving as much of your estate as you can for your heirs can only be accomplished if you properly protect your assets. When should I see an asset protection lawyer? When should you start your asset protection planning? Now. The general rule is – you need to … [Read more...] about Asset Protection: When do you Need it and Why?
A Guide to Avoiding Probate
The goal of estate planning for most people is avoiding probate. Why? Because probate can be expensive and it can take a long time to go through the entire process. Every estate, regardless of its size, is required to pass through probate so that the heirs or beneficiaries can receive their inheritances. Whether avoiding probate is the right thing for you depends on many factors, so discuss this decision with your probate lawyer. If you decide you want to bypass the process, here is a guide … [Read more...] about A Guide to Avoiding Probate
SoCal Alzheimer’s Association Provides Monthly Telephone Support Group
Alzheimer's is a form of dementia that causes difficulty with memory, thinking and behavior. The symptoms of Alzheimer’s most often develop slowly and get worse over time, until the symptoms become severe enough to interfere with the individual’s daily tasks. Alzheimer's is the most common form of dementia. It accounts for between 60 and 80 percent of all diagnosed dementia cases. If you have a loved one who is suffering from Alzheimer’s or you believe they may be, it is time to start … [Read more...] about SoCal Alzheimer’s Association Provides Monthly Telephone Support Group
