In this video, Attorney Justin M. Kennedy discusses the death probate. In California, if a decedent passes away with more than $166,250 in assets in their name (not held in Trust), then their assets may be subject to the death probate.In California, a probate attorney is paid a statutory amount which is the same whether you hire an experienced probate attorney, or one who is inexperienced. When you are looking for a probate attorney, you should focus your search on finding an attorney … [Read more...] about What is a Death Probate? (VIDEO)
Five Reasons to Use a Living Trust
The most commonly held misconception about estate planning is the idea that trusts are only useful for a small percentage of people that have very complicated estate planning objectives.There are definitely trusts that are used by individuals that are in unusual situations. This being stated, the revocable living trust is an estate planning device that can be extremely useful for "the rest of us."If you have always thought that you would be using a simple will, you may change your mind … [Read more...] about Five Reasons to Use a Living Trust
Free Health Care Documents for Wildfire Front Line Personnel (Video)
From all of us at Litherland, Kennedy and Associates, we wanted to share our deepest gratitude to those combating the wildfires that are all around us. To the firefighters battling the flames, to the police helping with evacuations and protecting homes and neighborhoods, the crews tackling from the air, and all the hospital workers caring for the injured. And for all the hundreds of individuals from all over the country and the world here to help.Litherland, Kennedy and Associates would like … [Read more...] about Free Health Care Documents for Wildfire Front Line Personnel (Video)
Proactive Planning Can Prevent a Conservatorship
Estate planning attorneys often focus on elder law matters as well, because the two are inherently intertwined. Yes, it is important to state your final wishes to make sure that your financial assets are properly transferred to your family members after you are gone. At the same time, you should address potential end-of-life issues as well.With the above in mind, let’s look at one of these eventualities that a very significant percentage of seniors will face toward the end of their … [Read more...] about Proactive Planning Can Prevent a Conservatorship
Connecting with Senior Loved Ones During the Shelter in Place (VIDEO)
In this video, Geriatric Care Manager Dedra Jize, OT., CSA discusses the importance of connecting with senior loved ones during the shelter in place. She also offers some suggestions as to how you can stay connected.Litherland, Kennedy & Associates, APC, Attorneys at Law are members of the American Academy of Estate Planning Attorneys. If you would like to learn more about the importance of estate planning, we invite you to attend one of our free estate planning webinars. … [Read more...] about Connecting with Senior Loved Ones During the Shelter in Place (VIDEO)
Happy National Tell a Joke Day (VIDEO)
We had so many people enjoy seeing this on our Facebook and YouTube Channel, that we decided to share it in our Vlog posts.National Tell a Joke Day was Sunday, August 16th. We hope this makes you smile.Litherland, Kennedy & Associates, APC, Attorneys at Law are members of the American Academy of Estate Planning Attorneys. If you would like to learn more about the importance of estate planning, we invite you to attend one of our free estate planning webinars. … [Read more...] about Happy National Tell a Joke Day (VIDEO)
A Living Trust Can Protect a Spendthrift
There are many different tools in the estate planning toolkit, so you should be aware of all of your options so that you can make the right choices. A lot of people assume that there are certain risks that must be taken, but for the most part, this is not the case at all.This dynamic can enter the picture when it comes to leaving an inheritance to a loved one that is not very good at managing money. If you leave a lump sum inheritance, the individual could burn through it very quickly, and … [Read more...] about A Living Trust Can Protect a Spendthrift
The Family Home, Medi-Cal Planning and Family Discretionary Trusts (VIDEO)
Medi-Cal is the California implementation of the Federal Medicaid Program. In this vlog, attorney Justin M. Kennedy discusses the home and the role a Family Discretionary Trust can play with regard to Medi-Cal planning and qualification.Litherland, Kennedy & Associates, APC, Attorneys at Law are members of the American Academy of Estate Planning Attorneys. If you would like to learn more about the importance of estate planning, we invite you to attend one of our free estate planning … [Read more...] about The Family Home, Medi-Cal Planning and Family Discretionary Trusts (VIDEO)
How to Protect the Proceeds of the Sale of the Home for Medi-Cal Eligibility Purposes (VIDEO)
Medi-Cal is the California implementation of the Federal Medicaid Program. In this vlog, Attorney Justin M. Kennedy discusses how to protect the proceeds of the sale of a home for Medi-Cal eligibility purposes.Litherland, Kennedy & Associates, APC, Attorneys at Law are members of the American Academy of Estate Planning Attorneys. If you would like to learn more about the importance of estate planning, we invite you to attend one of our free estate planning webinars. … [Read more...] about How to Protect the Proceeds of the Sale of the Home for Medi-Cal Eligibility Purposes (VIDEO)
Avoid These Inheritance Planning Traps
People are routinely on high alert when it comes to the potential for mistakes that can have negative financial consequences. Strangely enough, many of the same individuals are not as careful when it comes to inheritance planning matters. In an effort to raise awareness, we will highlight a few estate planning traps that often ensnare the unwitting.Ongoing ProcrastinationA 2019 survey that was conducted by Caring.com underscores the widespread phenomenon of estate planning unpreparedness. … [Read more...] about Avoid These Inheritance Planning Traps
