On behalf of The Elder and Disability Law Firm, APC posted in trusts & trust administration on Monday, July 16, 2018. Creating a trust can be a smart move for anyone in California who has assets they want to protect and pass on to designated beneficiaries in a way that offers protections against probate and certain taxes. After a trust is set up, the next step is to ensure it's sufficiently funded. Real estate can be handled with a deed or deed in trust that transfers a property to...
On behalf of The Elder and Disability Law Firm, APC posted in trusts & trust administration on Wednesday, July 11, 2018. A special needs trust can be established for a California resident who receives benefits through any government programs. A trust protects the beneficiary, permitting them to receive benefits and funding from the donor. Every trust consists of a donor, trust and trustee. While the trustee holds the trust and distributes the funding in accordance with the donor's ...
On behalf of The Elder and Disability Law Firm, APC posted in social security disability on Wednesday, July 11, 2018. California residents are entitled to Social Security Disability benefits based on the extent to which they are limited by a mental or physical condition. Therefore, it is important to be as specific as possible when talking to a doctor about such a condition. For instance, it may be a good idea to mention trouble with reaching or standing because of a bad back or ot...
On behalf of The Elder and Disability Law Firm, APC posted in social security disability on Thursday, July 5, 2018. Applying for disability benefits in California, or anywhere else in the country, can be a stressful experience. By the time somebody applies for Social Security Disability Insurance, they may have spent years attempting to manage their condition. Since the application process can be slow, it's important to present the Social Security Administration with the most compr...
On behalf of The Elder and Disability Law Firm, APC posted in social security disability on Thursday, July 5, 2018. People applying for Social Security Disability benefits in California may be concerned about the role of expert witnesses in their cases, especially when an expert is providing testimony about an individual's abilities to work. This can be problematic when the experts in question have had little direct involvement or observation of the applicant's life and work experi...
On behalf of The Elder and Disability Law Firm, APC on Tuesday, July 3, 2018. You have spent your entire working life building up the value of your estate. The more assets you've acquired, the more diverse your possessions may be. In addition to equity in your home, you may have investment accounts and other valuable possessions.If you have taken the time to create an estate plan, that probably means you have dependents or heirs to whom you would like to leave your belongings. Howe...
On behalf of The Elder and Disability Law Firm, APC on Monday, July 2, 2018. In 2006, the Pension Protection Act was created. The goal was to provide economic security and set minimum funding standards and funding rules for employers using pension plans with their employees. This act, which was signed into law by former President George W. Bush, required companies that underfunded pension plans to pay higher premiums. Those premiums were sent to the Pension Benefit Guaranty Corpora...
On behalf of The Elder and Disability Law Firm, APC posted in trusts & trust administration on Friday, June 29, 2018. California residents can include various types of trusts in their estate plan to ensure that their assets are managed and distributed in accordance with their preferences. One type of trust, a charitable remainder trust, can be used as of source of income for the donor while the remaining assets are donated to the donor's favorite charities. This irrevocable trust p...
On behalf of The Elder and Disability Law Firm, APC posted in social security disability on Thursday, June 28, 2018. California residents who have applied for Social Security Disability may be concerned about leaving the search for their medical records in the hands of a disability examiner. It can be unclear to many applicants what could happen if the examiner is unable to locate all of the necessary records pertaining to their cases. The answer can vary depending on the circumsta...
On behalf of The Elder and Disability Law Firm, APC posted in trusts & trust administration on Friday, June 22, 2018. California residents and others who are thinking about creating an estate plan are encouraged to do so with professional help. Ideally, an individual will have an estate planner as well as an accountant or financial adviser as part of a larger team. It may also make sense to consult with an attorney as part of the process of creating a plan to transfer assets to fut...
