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.
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Estate Planning for Unmarried Couples
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.
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.
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...
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.
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.
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.
Understanding a Pooled Trust in California
A pooled trust works by pooling the resources of many beneficiaries, but each beneficiary has a separate account for their personal use. When the beneficiary passes away, a portion of the remaining assets may be kept by the trust to assist other members.
Understanding Pour-Over Wills
Estate planning involves creating legal instruments that will distribute assets to your loved ones when you’re gone. The most commonly known document for doing this is a last will and testament, commonly referred to as just a will. However, because wills need to go through probate court proceedings, which can take months, many people create revocable trusts, also known as living trusts, whose asset distributions and other instructions can be completed quickly outside of probate.