Tag Archives: #EstatePlanning

Why Do Attorneys Ask You to Explain Your Estate Plans?

You shouldn’t procrastinate when it comes to planning your estate. However, the process can seem long and protracted when you get into your estate lawyer’s office and face a bevy of questions. Sometimes, it can even feel like these questions are doing nothing more than keeping you from writing your will, but this interrogation has a purpose. And if you try to skip this process, your beneficiaries could be the ones to pay the price. Why Attorneys Ask You to Explain Your Estate Plans Here in California, there are many probate laws governing how an estate is to be distributed…

What You Need to Know About Medi-Cal

Medical care and long-term nursing care can get very expensive and it’s important to plan in advance for these costs of care. As you age, paying for these expenses could become extremely difficult as well. Older clients may have a special interest in Medi-Cal planning, as it is never too early to plan and protect your estate. What is Medi-Cal and how will it accomplish these goals? Medi-Cal is a California and federal program that helps cover the cost of health care for qualifying low-income individuals and families. These people include: Seniors age 65 or older Disabled people Children Pregnant…

3 Ways You Can Avoid Probate in California

If you’re planning out your estate, you may have likely heard the term “probate”. You’ve probably also heard that probate is something you want to avoid. There are a couple of reasons why you’d want to avoid probate. The probate process can be expensive, as there are fees that will have to be paid. In addition, your estate may be used to pay for these costs, which could mean your surviving family will get a smaller amount from your estate than initially expected. Probate also places control in the hands of a judge. The judge will decide how assets are…

What Are Advance Healthcare Directives and How Can They Help the Estate Planning Process?

An advance healthcare directive is a legal document that details what kind of medical care you desire should you become incapacitated or unable to care for yourself. While no one can predict the future, it is best that you prepare for events such as you: Falling into a coma Becoming seriously injured Being terminally ill Developing severe dementia The kind of treatment you would want will be listed in your advance healthcare directive. The advance directive could give orders regarding treatment for terminal illness or comas including orders to end life support. The advance directive could also give orders to…