Tag Archives: california

Don’t Wait Too Long To Update Trust & Fin. DPA

Most (perhaps 99%) of all revocable living trusts and financial durable powers of attorney are defective for asset protection and government benefits planning, when incapacity occurs.   For the older client, we become focused on how we will pay for in-home care,  board-and-care, assisted living facilities and skilled nursing home costs. We are concerned about […]

What Happens If You Don’t Die?

Most estate planning documents are prepared for what happens when we die. They are not prepared for what happens if we don’t die. With regard to the trust, if one spouse dies, for instance, everything goes to the other spouse. When the second spouse dies, everything goes to the children. During the lives of the […]

Our Clients and Parkinson’s Disease

Parkinson’s disease is a brain disorder, wherein certain nerve cells in the brain become impaired or die. These nerve cells, called “neurons” normally produce a chemical known as dopamine. This chemical allows for smooth, coordinated functions of the body’s muscles and movements. When a high percentage of the brain cells which produce dopamine are impaired, […]

Are Hispanics at a higher risk of Alzheimers’s Disease?

Experts suggest that Hispanics may be more suseptible to Alzheimer’s Disease than the general population, according to a New York Times article entitled “Are Hispanics at a Greater Risk for Alzheimer’s Disease.” “>” http://www.nytimes.com/2008/10/21/us/21alzheimers.html The article suggests that Hispanics may have more risk factors for developing dementia than other groups, and that a signigficant number […]

Probate in California

Unlike many other States, probate in California is fairly complicated. If the estate is simple and no federal estate tax is due, the final order can theoretically be obtained within 9 months of the filing of the petition. The more likely scenario is that it can take 12 to 15 months to complete the probate […]