Memorial Day has recently come and gone, and during this holiday we remember our veterans. With this in mind, we would like to take a look at the Veterans Aid and Attendance Special Pension in this post. Veterans Aid & Attendance People who have served in the military make a lot of sacrifices, but there are certain benefits that go along with service. Most of these are well understood, but the Veterans Aid and Attendance Special Pension is often overlooked. Veterans are entitled to a … [Read more...] about What Is the Veterans Aid and Attendance Special Pension?
Why Would I Want a Revocable Living Trust?
Why would I want a Revocable Living Trust? from Roy W. Litherland You have options when you are planning your estate.There is no reason to make any assumptions until you know all the facts. … [Read more...] about Why Would I Want a Revocable Living Trust?
Can You Create a Pet Trust in California?
Estate planning is an exercise in providing for those that you love. Most of the individuals that you love are walking around on two legs. However, many of us own pets who we consider to be part of our families. When you are planning your estate, you must remember your furry friends. One way to provide for a pet would be to make the pet the beneficiary of a pet trust. Legal in California The concept of the pet trust is something that has slowly grown in legality and popularity. At this … [Read more...] about Can You Create a Pet Trust in California?
What Is a Supplemental Needs Trust?
You have a number of choices to make when you are planning your estate. There are various different vehicles of asset transfer that can be utilized. When you act in an informed manner, you can be certain that all of your loved ones are provided for appropriately. With this in mind, we would like to look at the value of supplemental needs trusts in this post. Protecting Government Benefits If you have someone with a disability on your inheritance list, you must take measured steps. A high … [Read more...] about What Is a Supplemental Needs Trust?
A” Quiet” Change in Medicare (An Elder Law Today Blog)
by Lois G. Tager, M. Ed., CSA Director of Geriatric Care Management, Litherland, Kennedy & Associates, APC, Attorneys at Law A “Quiet “change in Medicare is often one where physicians and health care providers are informed but not the general senior population. Susan Jaffe of the New York Times recently wrote about a change of which we believe seniors and all beneficiaries should be aware. Previously, a patient could be denied coverage for physical therapy and occupational therapy because … [Read more...] about A” Quiet” Change in Medicare (An Elder Law Today Blog)
What Is the Medi-Cal Monthly Maintenance Needs Allowance?
Medi-Cal is a jointly run federal/state government program that provides health insurance for people who have very limited financial capabilities. In the state of California, the program is called Medi-Cal. Though it is a need-based program, Medi-Cal is very important for a significant percentage of senior citizens who were never financially needy throughout their lives. This is because Medi-Cal pays for long-term care. Medicare will not assist with long-term care expenses. Medi-Cal … [Read more...] about What Is the Medi-Cal Monthly Maintenance Needs Allowance?
How Do You Find an Elder Care Attorney?
Elder care attorneys assist clients who want to address the eventualities of aging. Indeed, there are a number of different contingencies that you may face when you reach an advanced age. You should certainly be aware of them so that you can take the right steps to prepare yourself. Long-Term Care Costs One of the most pressing issues of our day is the matter of long-term care costs. Many people are lulled into a false sense of security. They believe that Medicare will pay for all of their … [Read more...] about How Do You Find an Elder Care Attorney?
Revocable Living Trust in San Jose: Who Should I Name as Successor Trustee?
When you are planning your estate, you may want to consider the creation of a revocable living trust. For the most part, these trusts are popular because they facilitate the transfer of monetary assets outside of the process of probate. Your estate must be probated when you use a last will rather than a trust to express your wishes regarding the distribution of your resources after you die. The probate process comes along with some significant pitfalls. Most people are going to want to … [Read more...] about Revocable Living Trust in San Jose: Who Should I Name as Successor Trustee?
What Are the Differences Between a Revocable Living Trust and a Medicaid/Medi-Cal Trust?
There are different types of trusts that are used for different purposes. One of the major distinctions between trusts is that some of them are revocable, and some of them are irrevocable. First, we will look at a common type of revocable trust called a revocable living trust, and we will then draw a contrast between this type of trust and a Medicaid/Medi-Cal trust. Revocable Living Trusts A revocable living trust is largely utilized as a tool to facilitate the avoidance of probate. When … [Read more...] about What Are the Differences Between a Revocable Living Trust and a Medicaid/Medi-Cal Trust?
Free Living Trust Seminars Coming In May
We make an effort to get out into the community on an ongoing basis to bring good information to people here in the greater San Jose area. To this end, we present an ongoing series of informational sessions that cover various different elder care and estate planning topics. Our workshops and seminars are free of charge and open to the general public. During the month of May, we will be offering seminars that focus on the subject of living trusts. Why Consider a Living Trust? Some people are … [Read more...] about Free Living Trust Seminars Coming In May
