When comedian Joan Rivers passed away last fall, many people noticed that she had made providing for her two beloved rescue dogs a part of her estate plan. As her goddaughter noted, “She loved her dogs dearly, and they meant so much to her … dogs have become accepted as such essential family members that providing for them well in life, and after death, is considered quite normal.” Continue reading “Pet Trusts: Making Sure Your Four-Legged Family Members Are Provided For”
The Obama administration recently released new proposed Medicare rules which would allow physicians to be reimbursed for discussing advance-care and end-of-life planning with their Medicare patients. Continue reading “New Medicare Rules to Encourage Physicians to Discuss Advance-Care Planning with Patients. That’s a Good Thing.”
Whether you are a contractor, subcontractor, property owner, design professional, or another party involved in a significant construction project, the prospect of costly and lengthy litigation is unappealing. Of course, the very nature of construction lends itself to any number of potential disputes between multiple parties, and when conflict arises, it is usually in everyone’s interest to attempt to resolve the dispute as efficiently and expeditiously as possible. That is why many construction disputes are resolved, or are sought to be resolved, using alternative dispute resolution (ADR), primarily mediation and arbitration. Continue reading “Litigation May Not Be the Most Constructive Way to Resolve a Construction Dispute”
Seniors in California who are looking to sell their home or downsize to a smaller residence are likely to receive some much needed tax relief under a new bill that recently passed the state Assembly with broad bi-partisan support. Continue reading “California’s Seniors to Get Property Tax Relief Under New Law”
Scamming seniors is big business. A report issued earlier this year by True Link Financial found that America’s seniors lose over $36 billion every year to elder fraud and financial abuse, and that approximately 37 percent of seniors are affected by financial abuse in any five-year period. Continue reading “Elder Fraud: A $36 Billion Industry”
More Then Crunching Numbers and Filing Returns
When it comes to seeking professional assistance with filing tax returns or dealing with tax-related issues, it is understandable that many individuals and businesses would reach out to an accountant for help. Those same folks may also wonder why they would need or want a tax attorney in lieu of or in addition to their accountant, especially when they think doing so will cost them more money. Continue reading “Tax Lawyer or Accountant: What’s the Difference?”
As working adults begin to enter the next stage of their lives, finding an estate planning lawyer becomes a very important step. These professionals can help prepare a plan that details what happens to an estate – meaning the collection of everything a person owns, though this doesn’t necessarily mean owning real estate or having a large savings account – in the case of injury or death. Things to be considered include a living will, trusts, and determining who inherits property after a person dies. Continue reading “Our New Folsom Location”
Elder law, including estate planning, is an important field of law. Here are three things you may not have previously known about how estate planning lawyers can help you.
Whether you require a guardianship, health care, or estate planning lawyer, you should turn to an attorney that you feel you can rely on. Before finding one, consider these three topics.
Seventy percent of people who live to the age of 65 will need some form of long-term care. However, Medicare, Medicaid, and health insurance are designed more for short-term care and may not cover your needs. A lawyer with experience in elder law can help you navigate the system.
Approximately 55 percent of adults in America don’t have a will or other estate plan. If you pass away without a will, your state will distribute your property and belongings among your living heirs, perhaps contrary to your wishes.
As a person ages, their medical care, finances, and physical health needs become more complicated. Often, children or spouses can become confused and make costly mistakes. Elder law attorneys are trained to be informed advocates for their clients. If you or a loved one is in need of elder care or an estate planning lawyer, Roseville area families should know that attorneys are one of the biggest assets they can have during this period.
Legal Document Review & Updates
When was the last time you had your Will or Trust reviewed?
Too often people create an estate plan, shove it in a drawer or safe deposit box, and never look at it again. This is a problem, because an outdated estate plan can be worse than having no estate plan at all! Reviews of your estate plan need to happen every two to five years to verify that the plan still supports your current needs and goals.
Situations that could require changes to your Will or Trust include:
- Relocation of primary residence
- Having a trust that requires you to split your trust at the first settlor’s death
- Death or divorce in the family
- Receipt of an inheritance
- Change in what you want your beneficiaries to receive or how and when they will receive their requests
- Change in bequests to someone
- Acquired assets that need to be added to the trust
Don’t leave your loved ones to fight through the unintended consequences of an outdated estate plan. The law office of Yee Law Group, PC will happily review your existing documents to align with your current circumstances and future goals.
Compassionate listeners. Experienced advisors.
Address: Yee Law Group, PC, PC
950 Reserve Drive, Ste. 110, Roseville, CA 95678
Call: (916) 599-7297
Fax: (916) 471-0160
Call today to set up your appointment for a discounted price of $50.00 Click here to download this post as a PDF.
As we tend to live longer lives than past generations, more and more of us will wind up needing long-term care or moving into a nursing home or assisted living facility at some point. Among the many challenges facing seniors and their families when that time comes is the fact that such comprehensive care can easily cost between $4,000-$6,000 a month. Continue reading “Why You Need to Start Medi-Cal Planning Today”