While the term fiduciary is a legal term with a rich history, it very generally means someone who is legally obligated to act in another person’s best interests. Trustees, executors, and agents are all examples of fiduciaries. When you pick trustees, executors, and...
For most people, the phrase “power of attorney” means very little. Even for those educated on the subject, it is easy to forget exactly who serves what role and why. Whether you are unfamiliar with the concept or simply need a refresher, keep reading to learn what it...
It is tough to know when you should step in and help your parents with their finances. You may go back and forth about when to take over. Deciding whether your parents still have the cognitive ability to manage their money is a difficult call to make. A recent report...
While Medicaid helps pay for nursing home care, being admitted to a nursing home as a Medicaid recipient is not always easy. There are several ways to navigate the process, depending on your situation. With the median cost of a nursing home room being more than $250...
According to the National Association of Home Builders, in 2018 there were approximately 7.5 million second homes, making up 5.5 percent of the total number of homes.[1] These pieces of property are not only real estate that must be planned for, managed, and...
Along with warmer weather and lazy days spent at a pool, summertime also often includes a family gathering. Some of these gatherings could include a Fourth of July barbecue, a vacation, a reunion, or time spent together at a cabin or lake house. Whatever the form, in...
As we all know, life happens. There is really nothing we can do about it. However, some of the most common life events can have a dramatic effect on your estate plan. If you think your estate plan is like a slow cooker and you can set it and forget it, you and your...
There are numerous care options available for adults with special needs in California. The options available range from those with special needs who are able to be more independent to those who need advanced medical care. It is important to match the person’s needs...
With nearly every region in the country living under some type of “stay at home” or “shelter in place” order during the current novel coronavirus pandemic, it can be frustrating trying to adhere to these new rules. It’s even more...
Those who care for elderly family members and loved ones face a difficult task, one made even more difficult when they have to care for their own children as well. In this position, caregivers can become exhausted and burnt out. As an experienced elder lawyer, I often...
Click to Listen to the Audio Version Estate Planning attorneys very often find themselves advising adult children of the elderly on the intricacies of managing their parents’ finances. While it may seem straightforward at first, there are a lot of details and...
We know just how busy the fall can be for you and your loved ones. We are entering into the holiday season which is packed full of time with family and friends, holidays, and great weather. Of course, we also know that this time of year can lead to a bit more...
There is nothing worse than learning your loved one has been diagnosed with a chronic condition or a life threatening disease. We know just how suddenly this can happen to a family and have seen many of our clients quickly overwhelmed by all that is involved in...
I often get asked this question by clients or their adult children when a spouse or family member needs assistance with activities of daily living and requires extra care. This could be in the form of adult day care, in-home care, assisted living, or skilled nursing....
Acting as a caregiver of another person at any age is both rewarding and challenging. Each day you have the opportunity to change another person’s life. You ensure that the person you are providing care to in your family eats, is clean, has the medicine he or she...
A Cup of LoveFebruary 6, 2023
