On behalf of The Elder and Disability Law Firm, APC posted in trusts & trust administration on Tuesday, February 26, 2019. When people in California think about the future, some people think that an estate plan is not necessary. They may think that only extremely wealthy people need to plan to distribute their assets or plan to put it off until an older age. However, people in general can benefit from laying out an estate plan, including young, single and healthy people with relati...
On behalf of The Elder and Disability Law Firm, APC on Sunday, February 24, 2019. As we age, staying on top of our estate plan can feel like a chore, and may even seem unnecessary to some. Unfortunately, neglecting to update an estate plan is one of the easiest and quickest ways to cause problems for your loved ones and beneficiaries once you are gone. If you have an estate plan and have not reviewed or updated it in at least five years, then you should make this a priority.Why is ...
On behalf of The Elder and Disability Law Firm, APC posted in trusts & trust administration on Friday, February 22, 2019. California residents can benefit from estate planning even if they don't consider themselves to be wealthy. Not having an estate plan could leave assets in limbo, and it could cost money currently earmarked for beneficiaries to determine how they should be distributed. One of the first steps to creating an estate plan is to make use of beneficiary designations o...
On behalf of The Elder and Disability Law Firm, APC posted in trusts & trust administration on Wednesday, February 20, 2019. Trusts can support many estate planning goals for people in California. A trust creates a legal entity that can accept ownership of various assets that a person chooses to transfer into it. Significant advantages provided by trusts include the private transfer of wealth and avoidance of the public probate process. Probate courts review wills, and they also re...
On behalf of The Elder and Disability Law Firm, APC posted in estate administration & probate on Friday, February 15, 2019. When a will is contested in California, a question comes up as to who the interested parties are with regards to the estate. At first glance, the answer to this question might seem clear-cut. However, after more investigation is done, it may come to light that there are a number of interested parties, many of which the individual or individuals initiating the ...
On behalf of The Elder and Disability Law Firm, APC posted in social security disability on Tuesday, February 12, 2019. In the five-step sequential process for getting Social Security Disability Insurance, it first must be determined that a claimant is not engaging in substantial gainful activity and has a severe impairment. Many California residents who apply for SSDI benefits are denied because their impairments do not meet the SocialQD Security Administration's threshold, which is...
On behalf of The Elder and Disability Law Firm, APC posted in social security disability on Friday, February 8, 2019. Social security disability benefits are often awarded only after a rigorous and contentious process. Many California claimants are denied on the initial application and then again on the first level of appeal, reconsideration. Often, only after the claimant has appeared before an administrative law judge at the next level of appeal, the disability hearing, do the mo...
On behalf of The Elder and Disability Law Firm, APC posted in social security disability on Thursday, February 7, 2019. People in California may think about and prepare a great deal for an upcoming disability hearing to appeal a denial of Social Security Disability benefits. After all, these hearings conducted before an administrative law judge provide the greatest opportunity for people to obtain the disability benefits they need and deserve. Despite all the preparation and materi...
On behalf of The Elder and Disability Law Firm, APC posted in trusts & trust administration on Thursday, January 31, 2019. Parents or grandparents in California and throughout the country generally must tell beneficiaries that they are included in a trust. However, there is no clear guideline as to when they must tell their children or grandchildren about their inheritance. As a general rule, a beneficiary must be given an annual statement by the time he or she reaches age 25. Thes...
On behalf of The Elder and Disability Law Firm, APC posted in social security disability on Thursday, January 31, 2019. There is no guarantee that an individual in California or any other state will have his or her disability benefit application approved. However, there are steps a person can take to maximize the chances of that happening. First, an applicant should ensure that their doctor agrees with the decision to file for disability benefits. If that is the case, that doctor s...
