On behalf of The Elder and Disability Law Firm, APC on Tuesday, October 1, 2013. During our current era a significant percentage of marriages end in divorce. Most of the people who do get divorced eventually remarry, and in the majority of these cases one or both of the individuals entering the marriage has children from a previous marriage or marriages.This can present the need for some advanced estate planning techniques to be implemented. Even though you may trust your new spous...
On behalf of The Elder and Disability Law Firm, APC on Thursday, September 26, 2013. When you are planning your estate you have to a lot of things to consider, and one of these would be the personal proclivities of the individuals who will be receiving inheritances after you pass away.You may have someone on your inheritance list who is not the greatest money manager. When you are preparing for the distribution of your assets after your death you may take pause before you give this...
On behalf of The Elder and Disability Law Firm, APC on Monday, September 23, 2013. Back in the day people had all of their important papers stashed in a lock box somewhere. It was simply a matter of letting family members know where the key was located should they need to access them.Of course many of us still do have hard copies of important documents and it is important to share their location with selected family members when you are planning your estate.However, now that we liv...
On behalf of The Elder and Disability Law Firm, APC on Friday, September 13, 2013. One of the problems that is a source of concern within the elder law community is that of elder financial abuse. It is difficult to compile truly accurate statistics with regard to this scourge on our nation's elderly because of the fact that so many cases go unreported.But according to the MetLife Mature Market Institute losses incurred by instances of elder financial abuse approach $3 billion annua...
On behalf of The Elder and Disability Law Firm, APC on Monday, September 9, 2013. Planning for the future involves making sure that you have the financial resources that you will need to enjoy your retirement and subsequently handle any contingencies that may confront you after your active retirement years are over. This involves careful long-term planning for most people, and this is best done with the assistance of a licensed and experienced San Bernardino elder law attorney.The ...
On behalf of The Elder and Disability Law Firm, APC on Wednesday, September 4, 2013. San Bernardino retirement planning attorneys are going to emphasize the importance of putting together a retirement nest egg.A lot of people are under the impression that they have nothing to worry about because they will be receiving Social Security while Medicare takes care of their medical expenses. However, Social Security in and of itself is going to provide limited income, and there are out-o...
On behalf of The Elder and Disability Law Firm, APC on Tuesday, September 3, 2013. If your estate is in taxable territory you must look for ways to transfer assets in a tax-free manner. Though there is a gift tax in place there are ways to facilitate tax-free giving if you take the appropriate actions. One strategy that it is sometimes implemented involves zeroing out a grantor retained annuity trust.To provide a brief explanation, after funding the trust you as the donor receive a...
On behalf of The Elder and Disability Law Firm, APC on Friday, August 30, 2013. In many instances you can reduce your tax liability while you give to charity. This is a win-win situation for everyone concerned, and there are a number of different vehicles of charitable giving that can be utilized. One of these is the CRUT or charitable remainder unitrust.The way that these instruments work is that you select both a charitable and a non-charitable beneficiary. The non-charitable ben...
On behalf of The Elder and Disability Law Firm, APC on Monday, August 26, 2013. People who start to get serious about contemplating the implications of their mortality oftentimes think about the impact that they have had on the world as they were passing through. The mark that you leave is known as your legacy, and with the assistance of medical science your legacy can include the gift of life.Some conditions that were previously untreatable can now be addressed via organ transplan...
On behalf of The Elder and Disability Law Firm, APC on Wednesday, August 21, 2013. People who serve in the United States armed forces make many sacrifices for the rest of us. However, there are some rewards that you get in return that can help you as you are planning for your retirement years.A lot of people who spend some time in the military do not stay beyond one term and this in itself is a great service to the country. However, if you were to spend at least 20 years in uniform...
