Certain situations may render an individual unable to manage their affairs. The need for someone else to step in can be emotionally and legally complicated. This is where a conservatorship comes into the picture. A conservatorship grants one individual the authority...
There are a host of reasons that California residents who are concerned about getting the care and services that they’ll likely need later in life may benefit from engaging in Medi-Cal planning. Making this effort proactively, for example, can help individuals to...
As a business owner who is doing your succession planning, you may be thinking of leaving your company to all of your adult children. You think of your business as a legacy, and it also provides a significant amount of income. You want to pass the business to all of...
Older adults often talk openly with their family members about what they plan to do with their property when they die. Those with bigger families and more valuable property frequently want their loved ones to know what to expect from their estates. For example, it is...
Many older adults have strong feelings about nursing homes. They may feel that they will be placed there and forgotten. However, they may be at a point where it’s no longer safe for them to be home by themselves. It places a significant burden on the “sandwich...
Even if you’re not ready to put a comprehensive estate plan in place, every Californian who’s at least 18 should have a California Advance Health Care Directive. This document allows you to designate your wishes for health care, including end-of-life care, if you’re...
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...