For individuals or families who wants to protect themselves and their loved ones and retain some control over their lives and their possessions. Your custom estate plan answers those “What happens if…” questions.
Our lawyers create a trust-based plan which includes, Wills, Health Care Directives and Powers of Attorney so that you know you are well taken care of in addition to your assets. All non-real estate asset transfers will be handled by you, with unlimited guidance and support from us.
For the individual or family wanting the total assurance and peace of mind of the Foundational Plan AND also wanting the comfort of knowing that all asset transfers have been taken care of by our office. This plan is appropriate for busy families who want the least amount of personal effort and the greatest amount of convenience and care. We do it all for you.
For the individual or family exposed to Federal Estate Taxes and having a need for enhanced asset protection. Integrated planning involves review with financial, legal or accounting advisors to determine whether a family may benefit from our services and that there is a proper fit between you and our firm. We analyze, test and challenge combinations of planning theories and strategies for the allocation, distribution and protection of your assets.
We have just received notice of the amount of the 2012 increase to the Aid & Attendance benefit. Starting in January, married Veterans can receive up to $2,019/mo. in reimbursement for unreimbursed medical expenses. Single Veterans can receive up to $1,703/mo. And Surviving Spouses may be eligible for up to $1,094/mo. This is the first [...]
So what can I share with the adult children of my clients who are looking for a bit of financial relief?
Most Americans have never discussed what should happen when they die. There are many decisions to make, yet they have very little help in making those decisions. Studies show that more than 90% of Americans believe that pre-funding their funeral is a good idea, yet only 12% have done it. Studies also show that elder [...]
There are unique planning requirements for families with children, grandchildren or other family members (such as parents) with special needs. However, a lot of misconceptions exist in this area that result in costly mistakes in planning for special needs beneficiaries. In this post we will cover the three most common mistakes related to special needs [...]
Medi-cal (called Medicaid in states other than California) planning can be divided into two types based on urgency: pre-planning and crisis planning. Pre-planning is for those individuals who have not yet begun to spend their assets on private care, but may need to in the coming years. Crisis planning is for those individuals using their [...]
While disability and retirement planning, and special needs planning can be ‘top of mind’ issues for boomers or older seniors, there are two additional essential estate planning needs that are not directly tied to the economy. These two concerns, if not addressed adequately, are responsible for a lot of family discord and discontent, not to [...]
These are difficult times. Consumer confidence is low, and its a long way before the economy is expected to fully recover. Many of us are concerned, wondering what planning we should do now, if any. For the vast majority of Americans, planning is not discretionary. These individuals continue to have personal concerns that they need [...]
In previous posts I discussed how long term care needs of seniors can be met through self (or third-party) insurance. But what if these are not possible options? A senior can use a planning technique called a “Medicaid” trust. (Here in California, it’s called “Medi-Cal” trust). This is part of a comprehensive wealth planning process [...]
In the previous post, we discussed Medicare’s limitations in covering long term care needs. There are several options available, each differing in terms of coverage and complexity. These alternatives are all part of a comprehensive life care planning and wealth management strategy. Here are two basic options available: Self-insurance for possible long term care expenses. [...]