This article will discuss the current state of LGBTQ Relationship Recognition in the United States, which varies from one state to the next. Topics covered in this whitepaper include: Recognition of Marriage Between Individuals of the Same Sex Civil Unions and Domestic Partnerships The Effects of State and Federal Laws The Current Status of LGBTQ Law in California The History of Proposition 8 in California Proposition 8 Held Unconstitutional How can Gay Couples Protect Their … [Read more...] about Free Report: LGBTQ Relationship Recognition in California
BLOG
Video Blog – Why Estate Planning is Important – Living Trusts and Wills
Scott Schomer of the Schomer Estate & Wealth Advisors discusses why Estate Planning is important to families. A Living Trust and Will is one of the most important documents you will ever sign in your lifetime. For more information, please call (310) 337-7696 or visit www.schomerlawgroup.com. The Schomer Estate & Wealth Advisors is based in Los Angeles, CA. One of the questions I get asked occasionally is, “Why do I have to do this, Scott? Why is it necessary to plan my estate?” Well, there’s … [Read more...] about Video Blog – Why Estate Planning is Important – Living Trusts and Wills
Free Report: Family-Owned Business Estate Planning in California
As with all estate plans, there are many factors that must be considered to determine the options that are most beneficial to you, your business and your family. Topics covered in this whitepaper include: Tax Consequences for Sole-Proprietorships Tax Consequences for S-Corporations What Can Proper Estate Planning Do to Reduce These Tax Consequences? Family Limited Partnerships and Limited Liability Companies Irrevocable Life Insurance Trusts Personal Residence Trusts Joint Accounts and … [Read more...] about Free Report: Family-Owned Business Estate Planning in California
LGBTQ Relationship Recognition in California
LGBTQ Relationship Recognition in California from Scott Schomer This article will discuss the current state of LGBTQ Relationship Recognition in the United States, which varies from one state to the next. Learn more about LGBTQ Relationship Recognition in California in this presentation. … [Read more...] about LGBTQ Relationship Recognition in California
Video Blog: What is the Difference Between a Will and a Living Trust
What is the Difference Between a Will and a Living Trust? Scott Schomer of the Schomer Estate & Wealth Advisors explains the difference between a Will and a Trust. For more information, please call (310) 337-7696 or visit www.schomerlawgroup.com. One of the questions I’m asked most frequently is, “what is the difference between a will and a trust?” There are very significant differences, starting with a will; a will is a document that only has an effect at your demise or your passing. It is a … [Read more...] about Video Blog: What is the Difference Between a Will and a Living Trust
Free Report: Being a Personal Representative in California
Being a Personal Representative in California When a resident and property owner in California dies, and that person owns probate assets in his or her name, that person’s estate maybe required to go through a legal process known as probate. Probate assets are assets that are titled in the deceased individual name rather than a probate avoidance device such as a living trust. Probate is the process for managing these types of assets whether or not the person had a will. A Personal Representative … [Read more...] about Free Report: Being a Personal Representative in California
Free Report: How to Preserve Your Wealth For Generations in California
With proper estate and legacy planning, wealthy families have a better chance of success in passing on their fortune to their family, from one generation to the next. Topics covered in this whitepaper include: What is Legacy Wealth Planning Family Wealth Trusts Generation Skipping Trusts Reduce Taxes However Possible Charitable Donations Teach Your Children to Teach Their Children Click here to read the whole article or download the PDF. … [Read more...] about Free Report: How to Preserve Your Wealth For Generations in California
Can I Give My Child $10,000 Every Year?
Giving gifts to your children or grandchildren every year can be very important to you. Like many financial decisions, gift giving comes with tax consequences. However, understanding how the gift tax works, as well as the exemptions that are available, can save you money. If you plan it right, you can give your children $10,000 or more each year, without paying taxes. The IRS imposes a gift tax on “any transfer to an individual, either directly or indirectly, where full consideration is not … [Read more...] about Can I Give My Child $10,000 Every Year?
Can Agents Give Gifts Through My Power of Attorney?
A power of attorney is a very common estate planning tool, that can easily be customized to fit a client’s specific needs. The value of a power of attorney is that it allows you to give someone you choose, the authority to manage your affairs if you become unable to do so. This authority is set out by the express terms of the power of attorney document. This means that agents give gifts on your behalf, only if the terms of your power of attorney allow them to do so. How much power should my … [Read more...] about Can Agents Give Gifts Through My Power of Attorney?
Will Medi-Cal Pay For in Home Health Care
Medi-Cal is a health care assistance program that extends health care services to U.S. citizens based on their income or financial need. Medi-Cal programs are run independently by each state. Therefore, Medi-Cal benefits and eligibility requirements differ from one state to the next. Patients with Medi-Cal generally pay a small co-pay, if anything at all, for health care. A common question many clients have is: Will Medi-Cal pay for in home health care. In home nursing care Each state … [Read more...] about Will Medi-Cal Pay For in Home Health Care
