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Northern California Center for Estate Planning and Elder Law
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What Can I Do If I Suspect My Mother Is Being Abused at the Nursing Home? - Making the decision to place a parent in a nursing home is often one of the most difficult decisions you will ever make. Once the decision is made, continuing to worry about the quality of care your parent is receiving at the facility is fairly normal. What happens though, if you start to believe that […] The post What Can I Do If I Suspect My Mother Is Being Abused at the Nursing Home? appeared first on Northern California Center for Estate Planning and Elder Law.
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Gifting Your IRA to Your Favorite Charity - If you have money in an Individual Retirement Account (IRA), you know you can’t take out distributions without paying taxes on the money you withdraw. For many older folks with large portions of their personal wealth tied up in IRAs and other tax-advantaged retirement accounts, the tax implications of taking money out of an IRA […] The post Gifting Your IRA to Your Favorite Charity appeared first on Northern California Center for Estate Planning and Elder Law.
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A Primer on Medi-Cal Long Term Care Planning (Part 1 of 2) - If you are concerned about long term care costs, you are not alone. According to the study Aging in Place in America, more people over the age of 65 are afraid of moving into a nursing home than are afraid of death. One of the problems with our fears is that so many of us choose to […] The post A Primer on Medi-Cal Long Term Care Planning (Part 1 of 2) appeared first on Northern California Center for Estate Planning and Elder Law.
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Can Medi-Cal Go after My Estate after I Am Gone? - If you are a senior, you may have heard a few horror stories about qualifying for Medi-Cal and/or about the potential threat Medi-Cal could pose to your estate after you are gone. Because there are numerous myths and misconceptions about Medi-Cal eligibility, it is not wise to rely on the accuracy of those stories. Instead, […] The post Can Medi-Cal Go after My Estate after I Am Gone? appeared first on Northern California Center for Estate Planning and Elder Law.
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Confused about Medicare vs. Medi-Cal vs. Medicaid? - Many people are confused about the differences between Medicare and Medi-Cal. While these programs may sound similar, they are in fact two distinct and different programs. Medicare is an entitlement program that is funded by the federal government. It does not depend on one’s assets or income. Benefits are earned by virtue of payments made […] The post Confused about Medicare vs. Medi-Cal vs. Medicaid? appeared first on Northern California Center for Estate Planning and Elder Law.
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Social Security Benefits Upon Death - Good news! Social security has survivorship benefits. This means that if your spouse dies, you and your minor children receive benefits. The post Social Security Benefits Upon Death appeared first on Northern California Center for Estate Planning and Elder Law.
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Considering a “529” College Savings Plan? - It can be stressful committing to the best savings plan so that you’re able to reach your goals. The post Considering a “529” College Savings Plan? appeared first on Northern California Center for Estate Planning and Elder Law.
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A Role for Life Insurance in an Estate Plan - The life insurance money can be used to pay your family’s everyday expenses as well as current debts. It can also be used to pay for funeral expenses and taxes. The post A Role for Life Insurance in an Estate Plan appeared first on Northern California Center for Estate Planning and Elder Law.
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Estate Planning Concerns for Parents of Young Children - It’s important to create a will so that you’re able to appoint a guardian for the care of your children. The post Estate Planning Concerns for Parents of Young Children appeared first on Northern California Center for Estate Planning and Elder Law.
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Why You Should Avoid Probate - Your will is filed at the courthouse; so is beneficiary information with a specific list of who got what. Most people like to keep their financial and family affairs private. Probate is public. The post Why You Should Avoid Probate appeared first on Northern California Center for Estate Planning and Elder Law.
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