As an entrepreneur, it is natural to be engrossed in your business’s day-to-day operations like processing payrolls, updating the inventory and figuring out how to grow your business. Consequently, it is not uncommon to fail to prepare for life’s eventualities like...
When someone owns a small business, they tend to serve as the heartbeat of their operations. They likely invest so much of their time and effort into the enterprise that it can be truly difficult for others to think of that endeavor carrying on without them. Yet, as...
Medi-Cal is California’s Medicaid program that helps elders and low-income families with their healthcare needs. Many people avoid applying for Medi-Cal, believing they have too many assets to qualify for benefits. While it is true that your assets and possessions...
Family dynamics can be very complicated, and that doesn’t necessarily make estate administration easy on the executor or personal representative – especially when one of the heirs to an estate has been out of touch for a while. One of an executor’s biggest...
Did you know that the majority of Americans do not have an estate plan? This comes as a surprise to many people who know that estate planning will be necessary eventually. But it’s also incredibly common, as evidenced by statistics showing that about two-thirds of all...
Assets are typically passed to the next generation through an estate plan. This can be done in many ways. Some people will simply put the assets into their will and let the estate executor divide them. Others will transfer assets into trusts with a set beneficiary who...
Most working adults can qualify for Medicare when they are ready to retire because they have contributed to the program through payroll taxes. But sadly, Medicare doesn't provide comprehensive medical coverage that will fully pay for the support people require as they...
Your local Medi-Cal office will review your eligibility yearly or when you report changes to your household. Therefore, you need to renew your coverage to keep your health benefits. Here is what you should know about this matter: Renew your coverage each year With...
When did you make your estate plans? It may be so long ago that you’re having a hard time putting a date on it. If it’s been that long, then it may be out-of-date. While an estate plan doesn’t expire, an out-of-date estate plan could cause issues for your executor and...
A power of attorney is a document that you can add to your estate plan. It’s used to authorize other people to make your decisions. There are many legal, financial and medical decisions that only you can make for yourself, so someone else needs to be authorized in...