Your final wishes can come into conflict with a variety of state and federal laws. In our blog, we explore how current U.S. laws affect the amount of your assets that can be passed on to beneficiaries, and examine how California legislation affects Medi-Cal eligibility, probate, taxation, and other financial considerations.
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Personal Possessions: These Are the Things That Make MemoriesLet's say your estate plan is complete. It will be taking care of your home, savings, and investments, making sure that your family will get those valuable estate items fairly and efficiently.
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The Benefits of Living Trusts for SeniorsSeniors are often the target of financial abuse and scams, which is an unfortunate fact. Sadly, the elderly are often taken advantage of by strangers — and sometimes even their own family members.
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What Is the Outlook for Social Security and Medicare?The American Association for Retired Persons (AARP) reports that every single day 10,000 baby boomers reach 65 years of age.
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An Overview of Alzheimer's StigmasIt can be difficult for the entire family when someone is losing their memory.
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Maximize Heirs’ Cooperation in Your Estate PlanningYour children, including minors and adults, may not agree about your family circumstances, including who should inherit your estate.
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What You Need to Know about Estate SettlementIf you need someone to act as your estate's representative (executor) or if you have been chosen to act as the executor and accept the responsibility, you should consider certain details first — the complexity of the task and the order in which you should take it on.
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Is My SSDI or SSI Affected by the Settlement of a Personal Injury Claim?Situations vary in regards to the answers to questions about the effects of personal injury settlements on your Social Security Disability Insurance (SSDI) or Supplemental Security Income (SSI) benefits you currently receive as well as whether or not you should apply for SSDI benefits and pursue your personal injury claim simultaneously.
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An Estate Planning Letter of InstructionA letter of instruction (LOI) is an essential component of any estate plan, whether you are just getting started or already have one in place.
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The Benefits of Taking Your Social Security EarlyIf you begin receiving social security benefits earlier, your benefits will not be reduced.
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The Probate Process With or Without a WillIt is widely known that probate is a process that begins after the death of a loved one, and it occurs in probate court.
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Ten Organizations Offering Resources for Independent SeniorsThe aging population of America consists increasingly of tech-savvy baby boomers. By 2030 all boomers will have hit 65 years of age, accounting for 18 percent of the US population.
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The Estate Planning Process for Blended FamiliesToday's American families commonly have stepchildren, and they are treated as if they were full biological children, even in cases of inheritance.