Sundown Syndrome: How to Help by: Lois G. Tager, M. Ed., CSA Director of Geriatric Care Management, Litherland, Kennedy & Associates, APC, Attorneys at Law Sundown Syndrome, sometimes referred to as sundowning or sunsetting, describes the onset of behaviors such as agitation, confusion and irritability. These behaviors are often found in people who have cognitive losses or Alzheimer’s disease; although some research suggests that they can also be found in seniors simply because of age-related … [Read more...] about Sundown Syndrome: How to Help (an Elder Law Today blog)
Retirement Planning FAQs: Can I Work When I’m On Social Security?
How Do Elder Care Attorneys Charge?
If you are one of the many baby boomers approaching retirement age, you may want to sit down and discuss things with a licensed elder care attorney. These attorneys focus on the issues of our day that are particularly relevant to senior citizens. When you do not know all of the facts, it may seem as though a basic foundation will be waiting for you when you reach the age of retirement. Social Security will provide a source of ongoing income, and Medicare will cover all of your health care … [Read more...] about How Do Elder Care Attorneys Charge?
How Much Does Probate Cost in Campbell California?
How Much Does Probate Cost in Campbell California? from Roy W. Litherland It is possible to facilitate asset transfers outside of probate to avoid these expenses. Learn more about probate cost in campbell califonia in this presentation. … [Read more...] about How Much Does Probate Cost in Campbell California?
What Is a Step-Up in Basis?
When you inherit assets, you may have questions about the tax implications. We can provide some good news right off the bat: You do not have to report an inheritance as income for income tax purposes. There is also the capital gains tax to take into consideration. This tax can be levied when appreciated assets are liquidated. For tax purposes, there are long-term capital gains, and short-term capital gains, and these two different types of gains are taxed at different rates. The short-term … [Read more...] about What Is a Step-Up in Basis?
Are There Different Types of Special Needs Trusts?
Special needs trusts can be very useful if you have a loved one with a disability who is relying upon government benefit programs like Medi-Cal and Supplemental Security Income. Medi-Cal is California's version of the Medi-Cal program. This program provides health insurance for people who can meet the eligibility requirements. These requirements are stringent, because Medi-Cal is a need-based program. It is intended for people who have little to no financial resources. If you have a … [Read more...] about Are There Different Types of Special Needs Trusts?
What Is a CLAT?
In the realm of estate planning, a CLAT is a charitable lead annuity trust. These trusts can be useful if you want to provide assets for a charitable cause. Under certain circumstances, a CLAT can also help you gain estate tax efficiency. Federal Estate Tax Before we explain the intricacies of the charitable lead annuity trust, we should look at the estate tax parameters so that you can determine your level of exposure. The estate tax credit or exclusion is the amount that you can transfer … [Read more...] about What Is a CLAT?
What are the Drawbacks of Joint Tenancy?
When you think about estate planning, you probably think about documents like wills and trusts. These legal devices are used to facilitate postmortem asset transfers, but under some circumstances, assets can pass directly even if documents such as these were never executed. Joint Tenancy Joint tenancy is the condition that exists if you add a co-owner to property that is in your possession. For example, if you decided to add your daughter to the title of your home as a co-owner, she would … [Read more...] about What are the Drawbacks of Joint Tenancy?
What Is an Elder Care Attorney in Campbell California
What Is an Elder Care Attorney in Campbell California from Roy W. Litherland An elder care attorney can help you create a long-term financial framework that leads to a comfortable retirement. Learn more about elder care attorney in Campbell California in this presentation … [Read more...] about What Is an Elder Care Attorney in Campbell California
Free Report: Is Probate Always Required in California?
If you are in direct personal possession of property at the time of your passing, even if you have a last will, the property would become probate property initially. Topics covered in this whitepaper include: Insurance Policy Records Property Held in Joint Tenancy Payable on Death Accounts Revocable Living Trusts Click here to read the whole article or download the PDF. … [Read more...] about Free Report: Is Probate Always Required in California?
