Monthly Archives: December 2011
Don’t Forget the Final (And Crucial) Step to Setting Up Your Trust
Once you’ve worked with your attorney to create the perfect trust to protect your family, you’ll need to re-title any assets you’d like to be protected into to name of your trust. This is called Funding. Funding a trust is not difficult at all, but when you don’t know where to start it can… Read More »
I’ll Only Get $50 Per Month from the VA. Should I Still Apply for the Pension?
Many of our clients become unsettled when they realize that they do not qualify for the maximum amount of the VA Aid and Attendance Pension. These clients often do not wish to go through the lengthy process of applying for the pension when they will not receive a significant amount of money from the… Read More »
3 Steps to Help Protect Your Family and Your Future in 2012
We all want to ensure our loved ones are protected and provided for, but sometimes the process of doing so can appear overwhelming, and prevent you from even taking the first steps. When it comes to protecting your family and your future with an estate plan, the process can actually be as easy as… Read More »
New Year’s Resolutions: Protecting Your Minor Children
Parents of young children always seem to be busy, and we know that it can be difficult to find the time to think about something that you hope will never happen. With all the “To Do’s” and distractions out there, too many parents simply avoid thinking about a will, trust, or guardianship for their… Read More »
What Is an Elder Law Attorney?
Senior citizens have a unique set of legal needs that not all attorneys are necessarily able to meet. Elder law attorneys work with seniors to meet these needs in a variety of ways. One way they do this is by working with clients on general estate planning issues, as well as on more complex… Read More »
Mom Was Just Diagnosed With Dementia. What Can I Do to Help Her?
Many seniors suffer from some type of dementia. However, no matter how common it is, when your parent is diagnosed with dementia, it can be shocking and scary for both you and your parent. According to the Aging Parents Authority, there are seven important strategies that can help you and your parent cope with… Read More »
Who Will Be Making Your Difficult Healthcare Decisions?
A recent article in the LA Times reminds us of just how important it is to have some kind of living will or advanced healthcare directive, and that it is absolutely necessary to talk about these things with your loved ones. If you have not done these things it is your loved ones who… Read More »
Friendly Reminder to Take Advantage of Tax Deductions Before Year’s End
As 2011 draws to a close just about everybody has their minds on vacation, travel, and gift-buying, so we just wanted to take a moment to remind all of our readers to take advantage of your tax deductions and allowances before the year is over. These may include sending a check to your favorite… Read More »
Long Term Care Insurance Is Tax Deductible for Business Owners
By now most people, when planning for their “Golden Years”, know that they need to consider the possibility that they may need long-term care at some point in time, and that long-term care insurance is a logical option for this purpose. What most people don’t know is that if you are self-employed or own… Read More »
Could A Trust Be Good For Your Family?
The answer to the title question is that just about every family can benefit from a trust. The rich and famous tend to utilize trusts because of the privacy they provide, the long-term asset protection, the tax benefits, and their flexibility; but each and every family, regardless of fame or income, can reap the… Read More »