Postmortem planning is part of the equation when you are planning your estate. Leaving behind written instructions is part of the process. However, who is going to follow these instructions? This individual would be the executor if you use a last will to state your final wishes. Duties of Executor in San Jose CA What does the executor actually do? There are numerous different duties that are going to fall into the hands of the executor. The extent of the work will depend on the exact nature of … [Read more...] about What Does an Executor in San Jose CA Do?
Probate in Campbell California: How Long Does It Take?
In Campbell California, probate is a factor when you use a last will to state your final wishes regarding the transfer of property that you owned personally at the time of your death. The movie or television scenario that we have all seen that centers around the "reading of the will" is not accurate in real life. An attorney or executor does not read the will to the heirs and then start writing checks on the spot. In real life, the will must be admitted to probate. The heirs to the estate … [Read more...] about Probate in Campbell California: How Long Does It Take?
Incapacity Planning in San Jose CA: What Is a Guardianship or Conservatorship?
Elder care attorneys assist clients who are preparing for the eventualities of aging. Possible future incapacity would be one of these eventualities. Guardianship or conservatorship proceedings could enter the picture if appropriate preparations have not been made prior to incapacity. Incapacity Planning in San Jose CA California Conservatorship The terms guardianship and conservatorship are used differently in different states. In general, a guardian or conservator handles the affairs of a ward … [Read more...] about Incapacity Planning in San Jose CA: What Is a Guardianship or Conservatorship?
What Is a Transfer on Death Account in San Jose California?
When you get into the subject of estate planning, you will hear about probate avoidance. Those who use a last will to arrange for future asset transfers are setting the stage for a future probate proceeding. The heirs to the estate won't receive their inheritances until the estate has been probated and closed. There are various different drawbacks that go along with the probate process. In general, it is time-consuming, it can be expensive, and it is a public proceeding that strips your family … [Read more...] about What Is a Transfer on Death Account in San Jose California?
What Questions Should I Ask an Elder Care Attorney?
If you have decided that you would like to discuss the future with an elder care attorney, you would do well to make some preparations in advance. In this post we will look at a few of the questions that you may want to ask your elder care attorney. 1.) How do I prepare for long-term care expenses? According to statistics that have been compiled by the United States Department of Health and Human Services, a majority of senior citizens are going to need assistance with their day-to-day … [Read more...] about What Questions Should I Ask an Elder Care Attorney?
Looking for Signs of Encroaching Incapacity
When you are younger, your parents are in charge of making sure that you are okay in every way. Role reversals can be difficult for everyone. However, when your parents start to reach an advanced age, you should be aware of signs that would indicate encroaching incapacity. If you are fortunate enough to have your parents residing close by, you are probably in very frequent contact. Under these circumstances, you would naturally recognize any signs of incapacity that may become … [Read more...] about Looking for Signs of Encroaching Incapacity
What Is an Elder Care Attorney?
When you are looking for a lawyer for any reason, you should consider areas of specialization. If you think about it, the legal field is quite vast. It would be impossible for any one individual to focus on everything at once. Therefore, lawyers typically have specialties. With this in mind, let's look at elder care attorneys. Addressing the Concerns of Senior Citizens An elder care attorney is focused on concerns that are specifically relevant to senior citizens. Long-term care is the most … [Read more...] about What Is an Elder Care Attorney?
Travel Tips for Seniors (An Elder Law Today Blog)
by: Lois G. Tager, M. Ed., CSA Director of Geriatric Care Management, Litherland, Kennedy & Associates, APC, Attorneys at Law The holiday season is fast approaching. Preparing for travel with a senior will save many anxious hours before and during your trip and allow you to enjoy your journey. Airline travel preparedness will save you many moments of anxiety and exhaustion. Wendy Perrin, Conde Nast Traveler’s Consumer Travel Expert, tells us to be sure to confirm your flights at least 72 hours … [Read more...] about Travel Tips for Seniors (An Elder Law Today Blog)
Estate Tax Exclusion in Campbell California: How Can I Leave My Estate to My Spouse Free of Taxation?
It is definitely a good idea to be concerned about the prospect of your estate being taxed as it is being passed on to your loved ones. If your assets are exposed to the estate tax in California, you should definitely discuss estate tax efficiency strategies with a licensed estate planning attorney. Who is exposed to the estate tax, and who is not? The answer to this question can be found by identifying the dividing line. It exists in the form of the federal estate tax credit or exclusion. In … [Read more...] about Estate Tax Exclusion in Campbell California: How Can I Leave My Estate to My Spouse Free of Taxation?
Medi-Cal, SSI, and Special Needs Trusts in Campbell California
Doing things on your own can be rewarding on a personal level. It can also save you money under the right circumstances. However, biting off more than you can chew can actually wind up creating a disaster. With this in mind, let's look at Medi-Cal (which is called Medi-Cal in California) , SSI, and special needs trusts in Campbell California. A Hypothetical Scenario Let's say that you buy into the sales pitches that you see online. You accept the premise that anyone can act as his or her own … [Read more...] about Medi-Cal, SSI, and Special Needs Trusts in Campbell California
