How We Guide California Families Through the Estate Planning Process
While nobody wants to think about death or disability, establishing an estate plan is one of the most important steps you can take to protect yourself and your loved ones. Many people believe that trusts are only for multi-millionaires who wish to leave large trust funds to their children. However, this is far from the truth – trusts are invaluable tools in the estate plans of most individuals.
What is Elder Law?
Elder Law is a specialty of law that caters to the unique needs of older clients, and those with long-term illnesses (Alzheimer's, dementia, etc.). Elder Law encompasses:
- Specialized estate planning strategies (such as the Medi-Cal Asset Protection Trust).
- Determining the right care based on the illness (see more about our Life Care Planning Service).
- Planning for ways to pay for that needed long-term care without going bankrupt.
Medi-Cal, VA benefits, and other resources are extremely beneficial to our clients, and planning for eligibility is important. Our planning also involves protecting assets from possible Medi-Cal recovery after a nursing home stay.
What is Life Care Planning?
Are you overwhelmed with the demands of a loved one's care?
Whether you are caring for your loved one in the home, scrambling to make arrangements for nursing home care or trying to make sure nothing goes wrong in the nursing home, you know how difficult, time-consuming and isolating caregiving can be.
Imagine what life would be like if you have a team of advisors helping you get the right care, preserve family resources and make difficult decisions.
That's what life is like when you have a Life Care Plan.
Our Elder Care Coordinator ( a social worker specializing in geriatric care managment) can create a Life Care Plan that helps you respond to every challenge created by the long-term illness or disability of your elderly loved one before, during, and after the onset of declining health. Customized for your elderly loved one's situation, a Life Care Plan bundles the right combination of care coordination, family education, nursing home advocacy and crisis intervention services into a convenient package.
About Elder Law Attorney Richard Seff
Having been a former social worker, then hospital executive who led the development of a cutting-edge Alzheimer's & Dementia Diagnostic Unit in a general hospital -- my passion has always been about serving seniors. So when I went to law school, it was an easy decision as to what my specialty would be: elder law & estate planning.
For many people, the creation of a robust estate plan is enough to protect their assets and family members after they are gone. However, for those with high net worth, an estate plan is not enough to prevent savings, real estate, and other valuable assets from being lost to creditors, divorce, lawsuits, or judgments. Our firm offers asset protection services for Californians seeking to prevent their wealth from falling into the wrong hands.
Losing a loved one places a significant burden on family members, especially those who have been entrusted to handle the deceased’s estate. The duties of trustees and executors can seem never-ending, and all have their own time limits, stipulations, and convoluted legal terminology. Our law firm can help California executors and trustees get through the probate or trust administration process, allowing them to discharge their legal duties with minimum hardship.