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 Medi-Cal 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 Medi-Cal 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 Procrastination A 2019 survey that was conducted by Caring.com underscores the widespread phenomenon of estate planning unpreparedness. … [Read more...] about Avoid These Inheritance Planning Traps
The Basics: “HIPAA” Powers
Blog Author: Stephen C. Hartnett, J.D., LL.M. (Tax), Director of Education, American Academy of Estate Planning Attorneys, Inc. This is the third in a three-part series of articles on Powers of Attorney. The first article examined the Financial Power of Attorney. The second article examined the Healthcare Power of Attorney and Advance Directive. This third article in the series focuses on a “HIPAA” Power of Attorney. These three documents are the keystone in even the most basic estate … [Read more...] about The Basics: “HIPAA” Powers
The Basics: Powers of Attorney for Healthcare
Blog Author: Stephen C. Hartnett, J.D., LL.M. (Tax), Director of Education, American Academy of Estate Planning Attorneys, Inc. This is the second in a three-part series of articles on Powers of Attorney. The first article examined the Financial Power of Attorney. This second article examines the Healthcare Power of Attorney and Advance Directive. The third article in the series will focus on a “HIPAA” Power of Attorney. These three documents are the keystone in even the most basic estate … [Read more...] about The Basics: Powers of Attorney for Healthcare
The Basics: Financial Power of Attorney
Blog Author: Stephen C. Hartnett, J.D., LL.M. (Tax), Director of Education, American Academy of Estate Planning Attorneys, Inc. This is the first in a three-part series of articles on Powers of Attorney. This first article examines the Financial Power of Attorney. The second article will address the Healthcare Powers of Attorney. The third article in the series will focus on a “HIPAA” Power of Attorney. These three documents are the keystone in even the most basic estate plan. First, what’s … [Read more...] about The Basics: Financial Power of Attorney
What Are the Drawbacks of Probate?
If you were to use a will to express your final wishes with regard to your asset distribution choices, you would name an executor in the document. This person or entity would not be able to act independently. The will would be admitted to probate, and the court would provide supervision during the administration process. During probate, final debts are paid, including taxes. The court examines the will to determine its validity, and if anyone wants to issue a challenge, they could make their … [Read more...] about What Are the Drawbacks of Probate?
