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Article Category General Articles

GOP Tax Plan Could Deal Blow To Seniors Struggling To Pay Long Term Care Expenses

[From an article prepared by ElderLaw Answers.com and reproduced here with permission]. The tax plan put forward by the Republican-led House of Representatives would eliminate many current deductions, and getting rid of one of them in particular could deal a serious financial blow to seniors and individuals with disabilities. The plan proposes eliminating the medical Read Full Article

Article Categories: Current Events, Elder Law, General Articles, Health Care

Long-Term Care Hybrid Products Give Buyers More Options

With many people unwilling to purchase long-term care insurance policies due to the cost, insurers are rolling out new products that combine long-term care insurance with either a life insurance policy or an annuity. These new products have been on the market for awhile, but they are gaining in popularity due to a law that Read Full Article

Article Categories: General Articles

Don’t Leave Children Unequal Shares By Mistake

  Last Updated: 8/26/2009 10:48:41 AM Siblings do not always receive equal shares of a parent's estate. Sometimes the inequality is intentional and sometimes it is accidental. Regardless of how it happens, it can cause arguments among the children. However, there are some steps parents can take to promote family harmony. If you intend to Read Full Article

Article Categories: General Articles

Making the Golden Years Golden

  Last Updated: 9/10/2009 3:50:46 PM Eva Mor. Making the Golden Years Golden. Authorhouse. Bloomington, Ind. 2009. 295 pages. $17.95 from Amazon (click on book to order) As we age, new issues confront us — from where to live to who can provide care to how to avoid scams. Making the Golden Years Golden addresses Read Full Article

Article Categories: General Articles

Useful Financial, Retirement and Personal Calculators Available on the Web

  Last Updated: 7/30/2009 10:47:17 AM The Web has spawned many miracles, and one of them is the creation of online calculators that can give consumers answers to complex questions in seconds based on their specific circumstances. Want to know whether a traditional or a Roth IRA is better for you, how much life insurance Read Full Article

Article Categories: General Articles

Getting Cash From a Life Insurance Policy If You Are Terminally Ill

Last Updated: 7/27/2009 6:12:35 PM   Unfortunately, a diagnosis of a terminal illness often comes with many expenses. If you need money to pay for your medical care or comfort, you may be able to use your life insurance policy to get some immediate cash. “Viatical settlements” allow terminally ill individuals to sell their life Read Full Article

Article Categories: Elder Law, General Articles

Who Can Serve as Executor?

  Last Updated: 9/28/2009 10:45:17 AM One important reason to have a will is to be able to name your executor (also called a personal representative). An executor is the person responsible for managing the administration of your estate after you die. If you don’t choose an executor, the court will choose one for you. Read Full Article

Article Categories: General Articles

Newsflash! Registered Domestic Partnerships Recognized by Medi-Cal

Q.  I have been in a Registered Domestic Partnership for several years, and my partner may soon need to apply for a Medi-Cal nursing home subsidy. How will Medi-Cal treat our finances in that situation? A. The good news is that Medi-Cal will now evaluate your partner’s financial need for a subsidy based upon the Read Full Article

Article Categories: General Articles

With the New Tax Law, Does Your Trust Need a Tuneup?

Q.  My wife and I had our Living Trust prepared about 8 years ago. I hear there’s a new tax law which just went into effect. Is it time to have our trust reviewed?  A. You refer to the recently enacted “American Taxpayer Relief Act,” which has permanently enlarged the estate tax exemption to $5,250,000 Read Full Article

Article Categories: General Articles

When Seniors Remarry: Revise Your Estate Plan

Q.  My fiancé and I will soon marry. This will be the second marriage for each of us and we both have children from previous marriages.  We want to arrange our estate plan to make sure that the survivor of us is financially secure, but we also want to leave something to our own children.  Read Full Article

Article Categories: General Articles


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Article Categories

  • General Articles (220)
  • Articles For Professionals (10)
  • Medi-Cal Planning (6)
    • Annuities (1)
  • Estate Planning (6)
  • Current Events (5)
  • Health Care (4)
  • Trust Administration (3)
  • Elder Law (3)
  • Tax Law (2)
  • Special Needs Planning (2)
  • Veterans Pension Planning (1)
  • Retirement Planning (1)
  • Divorce & Special Needs Planning (1)

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Serving The East Bay of San Francisco, and surrounding cities

 

TEL: (510) 247-2555
TEL: (925) 847-0737
FAX: (510) 247-0150

  

Other Resources

  • KDIA 1640 - Financing The Cost Of Long Term Care

Elder Law Blog

  • Protect Your Trust Against A Post-Mortem Contest
  • Are Your Estate Planning Documents HIPAA Compliant?
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  • The IHSS Program: Financial Help for Care at Home
  • Consider Tax Savvy Year End Gifts To Family

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