With marriage rates declining, an ever-increasing number of couples choose to stay in a committed relationship with their significant other without tying the knot.
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Creating An Ethical Will-Passing on Your Values and Beliefs
Besides money and assets, you have something equally—if not more—important to pass on to your loved ones: your values, beliefs, and wisdom. That’s where an ethical will comes in handy.
The Next Step After Being Denied Twice for SS Benefits
On behalf of The Elder and Disability Law Firm, APC posted in social security disability on Friday, January 26, 2018. California residents who have medical conditions that prevent them from working might be entitled to Social Security Disability or Supplemental Security Income. But for many people, the first application for benefits is denied. Being denied does not mean there is no chance for receiving benefits. A denied application can be appealed or people can reapply, even if th...
What Happens if You Die Without a Will?
When a person dies intestate, the distribution of their assets is managed by state laws rather than personal wishes. These statutes dictate who inherits your property, often prioritizing spouses, children, and other close relatives. This can lead to unintended outcomes, such as estrangement between family members or heirs receiving assets that you would not have chosen to inherit.
How to Handle Foreign Property in Your Estate Plan
To properly handle foreign property in your estate plan, it's essential to consult with an estate planning attorney familiar with both the domestic and foreign laws governing property ownership and inheritance. This includes understanding tax implications, jurisdictional rules for estate execution, and ensuring that your will or trust is legally valid in the country where the property is located. Additionally, consider designating a local fiduciary who can guide you efficiently, as this can significantly ease the process for your heirs and help fulfill your wishes.
Strategies for Preserving Digital Assets in Your Estate Plan
At The Elder & Disability Law Firm, APC, our team is dedicated to guiding you through the intricacies of safeguarding your online presence and ensuring that your wishes are clearly articulated and legally sound. Our goal is to empower you with the knowledge and resources necessary to protect your legacy in today's digital age. With our support, you can have peace of mind knowing that your digital assets will be managed according to your desires.
Can you force reluctant parents to move to a home?
One of the hardest parts of dealing with aging parents with dementia from Alzheimer's or other illnesses is ensuring their continued safety in their home environments. Sometimes everyone but the elderly parent—such as adult children, neighbors, and doctors—agrees that the parent now needs a supervised living environment to remain safe.
Setting Up a Trust
Creating a trust is a great way to manage and protect your assets. It allows you to transfer ownership of your property to a trustee, who will then manage it on behalf of the beneficiaries named in the trust.
Understanding Medicare
Long-term care is becoming increasingly common for individuals. With the rising numbers of Alzheimer's cases in the United States, it is imperative that family members protect themselves from the burdening costs associated with long-term care.
The Roles and Responsibilities of a Special Needs Trustee
Behind every well-crafted special needs plan stands a diligent and capable trustee, ready to uphold the wishes of the grantor and provide support to the beneficiary. The responsibilities of a trustee are important for any special needs planning strategy, requiring a deep understanding of the laws, financial management principles, and compassionate caregiving.