Be Transparent with Your Children About Your Estate Plan
52% of adult children don’t know where their parents keep their estate documents, and 58% don’t know the contents. Parents’ mortality is an uncomfortable topic, but avoiding it can mean children do not know Where to find important financial documents How to pick up the reins of a [...]
Be Like Karl Lagerfeld: Protect Your Pets When You Die
The fashion world mourned when Karl Lagerfeld passed away in February, but after they had come to terms with Mr. Lagerfeld’s passing, many breathlessly asked, “What will happen to Choupette?” Choupette was Mr. Lagerfeld’s Birman cat, and a celebrity in her own right. She was Lagerfeld’s muse, inspiring [...]
How the New Tax Law Affects Charitable Donations
The Tax Cuts and Jobs Act is making a huge impact on how people structure their finances, and that includes making charitable donations. The new tax law doubled the standard deduction from $6,350 to $12,000 in 2018 for single filers and from $12,700 to $24,000 for married coupled [...]
Long Term Living Care for Seniors: What Are My Options?
A majority of people who reach the age of 65 will need long term care sometime in their lives whether permanently or temporarily. Since women live longer than men, they generally require long term care longer, sometimes twice as long. And if you’re single, your chances increase that [...]
Reviewing Your Trusts Is Important: Don’t Put If Off
Life can change rapidly. People marry, have children and grandchildren, sometimes divorce, deal with the death of family members, buy, sell and inherit property. And that barely scratches the surface. On top of that, estate and tax laws change. Life and legal changes can sometimes render your trusts [...]
How Selling to a Relative or Someone Involved With The Same Estate Can Cost You
You may want to help out one of your relatives, maybe a son or daughter, and think you have a way to do that while at the same time getting a great tax deduction. Your plan is to sell property such as stocks to them at a loss. [...]
End of Life Wishes: Why You May Want to Complete a California’s Physician Orders for Life-Sustaining Treatment (POLST) Form
If you have a life-threatening illness, you should consider completing a California Physician Orders for Life-Sustaining Treatment (POLST) form to give yourself more control if you face a sudden medical emergency. This form is actually a doctor’s order that ensures your wishes are respected regarding end of life [...]
Medi-Cal White Paper
10 Things To Know Before Placing A Loved One In A Nursing Home.
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