On behalf of The Elder and Disability Law Firm, APC posted in trusts & trust administration on Monday, October 22, 2018. For many California families, trusts are an important tool to transfer wealth from one generation to another. They can be used to minimize the impact of probate, keep wealth transfers out of public view and even provide tax savings. However, it can be important for people with trusts to review them regularly to make sure that their documents and plans meet their ...
On behalf of The Elder and Disability Law Firm, APC posted in trusts & trust administration on Friday, October 19, 2018. Even though philanthropy is frequently used as part of a tax-saving strategy, people in California can also benefit from the charitable giving in ways that are related to starting and maintaining a legacy, enjoying personal fulfillment and forming a connection with future generations. There are certain steps individuals should take to make sure that the philanthr...
On behalf of The Elder and Disability Law Firm, APC posted in veterans' benefits on Tuesday, October 16, 2018. Veterans in California and across the country may be relieved to learn that their military retirement and disability benefits will see a 2.8 increase in December 2018. The cost-of-living increase is the largest boost veterans have seen to their pay in the past six years. The adjustment was announced by federal Social Security Administration officials in October 2018. This ...
On behalf of The Elder and Disability Law Firm, APC posted in social security disability on Friday, October 12, 2018. Many people in California rely on Social Security disability payments to cover their monthly expenses. It is common for applicants to receive a denial letter after their initial application. In fact, the majority of claims are denied at the initial application level.After receiving a denial letter, one of the most important things for Social Security disability appl...
On behalf of The Elder and Disability Law Firm, APC posted in veterans' benefits on Monday, October 8, 2018. Veterans who are injured or otherwise disabled because of their time in the military may receive benefits to help pay for their care. Money might also be available to provide for the spouses, parents and children of those who were killed while in the military or while training to be in the military. Any benefits that a member of the military or their family member receives a...
On behalf of The Elder and Disability Law Firm, APC posted in social security disability on Friday, October 5, 2018. Social Security disability applicants typically wait until they are no longer capable of working before they seek benefits. However, this is irrelevant in the ultimate determination of whether they are deemed disabled by the Social Security Administration. For initial applications, a sequential process is conducted by a California or other local claims examiner as la...
On behalf of The Elder and Disability Law Firm, APC posted in estate administration & probate on Tuesday, October 2, 2018. Family members may not view a will the same way as the person who wrote it. For instance, a son or daughter may believe that a parent left more for his or her siblings than for that child. Family members may also have a lack of trust for the brother, sister or other relative named the executor of the estate. Fortunately, there are ways that California residents...
On behalf of The Elder and Disability Law Firm, APC posted in social security disability on Sunday, September 30, 2018. Many workers who become disabled in California file for Social Security claims every year. Social Security disability claims are controlled by federal guidelines and may be affected by how many cases are being filed in local offices due to heavy caseloads. Unfortunately, many claimants spend a long time waiting for their claim to be reviewed.Usually, there is no w...
On behalf of The Elder and Disability Law Firm, APC on Friday, September 28, 2018. Estate planning can be quite stressful, which can lead some people to rush through this critical process. Far too many people overlook long-term care planning when they sit down to plan their estates. They focus on what assets they would like to leave to which family members, while neglecting the potential reality of nursing home costs absorbing all of that money.Even families with substantial assets...
On behalf of The Elder and Disability Law Firm, APC posted in estate administration & probate on Thursday, September 27, 2018. California residents who are asked to be the executor of an estate or serve as a trustee of a trust should understand the many financial and administrative duties they will have. Individuals who accept those positions should be prepared to spend a significant amount of time fulfilling their duties, which may take away time from their family and interfere wi...
