What Is the Difference Between Conservatorship and Guardianship in California?
In California, a guardianship applies when a court appoints an adult to care for a minor, while a conservatorship applies when a court appoints someone to manage the personal or financial affairs of an adult who cannot do so independently. Both roles involve court oversight and significant legal responsibility, but they apply...
5 Advantages of Estate Planning
Fewer than half of all Americans have an estate plan in place. Estate planning is a topic that all too often gets pushed to the backburner until it is too late. There are several major advantages to having an estate plan in California. Our...
Tips for Choosing a Trustee
California Trusts – What You Need to Know
You are doing the adult thing and looking out for your loved ones. You bought life insurance and checked the beneficiaries on your retirement account, and now you are debating whether you should update that simple form will you made years ago or get a living trust. You are comfortable with your understanding...
The Importance of a Durable Power of Attorney
A durable power of attorney gives someone you trust the legal authority to make financial and medical decisions if you cannot speak or act for yourself. It remains in place during incapacity, unlike a non-durable power of attorney that can terminate when it is needed most, making it a core part of...
VALife: What Service-Disabled Veterans Need to Know About VA Life Insurance
Service-disabled veterans now have access to a different life insurance program than in years past. VALife offers guaranteed acceptance coverage without medical underwriting, but the program has unique rules that affect when benefits become fully available and how much coverage you can purchase. Understanding those details can help you make informed decisions...
Seven Medicaid Myths Debunked
When it comes to long term care planning, it’s easy to become overwhelmed by so much information coming to you from many different sources. Sometimes you discover that your assumptions about something are way out in left field. It can be like that with Medicaid. Whether you receive Medicaid or not, you...
Stepping in to Care For Your Elderly Loved One
As the Baby Boomer generation continues to approach retirement age, more Americans may soon find themselves caring for their elderly parents. According to MetLife, who provides a wide range of insurance options, over 10 million adult children over 50 are caring for an elderly parent. This figure is expected to grow in the coming...
Best Practices in Avoiding Estate Planning Fraud
Your aging loved one has worked hard all her life, and now she wants to get her affairs in order so she can relax and enjoy her retirement, knowing her modest assets will go to her loved ones someday. She pays thousands of dollars for a beautifully packaged living trust, which she proudly places...
Understanding Medicare for Long-term Care Planning
Long-term care could be one of the most daunting expenses you ever face. You should consider this cost when you are strategizing for your financial future. You need to know what Medicare will pay for your long-term care and what other resources are available. Let’s talk about understanding Medicare for long-term care planning.
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