by Snyder Law PC | Sep 29, 2021 | Long Term Care, Snyder Blog
Long-term care costs are on the rise. Industry-driven, massively underpriced policies are playing fiscal catch up with hefty premium rate increases. This price increase is forcing some aging Americans to abandon their policy while others struggle to reduce their...
by Snyder Law PC | Sep 17, 2021 | Long Term Care, Snyder Blog
You could hear your mother say that, right? And how often have you wished that you’d followed mother’s good advice? Nobody really wants to think in advance about accidents or illness. But if no advance planning has been done, and if an elderly parent has broken a hip,...
by Snyder Law PC | Sep 15, 2021 | Snyder Blog
When mistakes are made concerning inheritances and Medi-Cal (California’s Medicaid program), the cost could become significant. Those mistakes can be costly. When a person is drawing Medi-Cal benefits and inherits money or property, that inheritance jeopardizes the...
by Snyder Law | Sep 13, 2021 | Estate Planning, Long Term Care, Snyder Blog
As an Orange County estate planning lawyer, I often find that people associate the phrase “estate planning” with the task of making final plans and ensuring that loved ones are provided for after death. While we all want to make sure that our families are taken care...
by Snyder Law PC | Sep 8, 2021 | Long Term Care, Snyder Blog
Long-distance caregiving is defined as delivering care for an individual who lives an hour or more away according to The National Institute on Aging (NIA). This type of caregiving takes many forms – from arranging for in-home care, money management, bill paying, and...
by Snyder Law PC | Aug 30, 2021 | Elder Law, Estate Planning, Snyder Blog
Your retirement account provides asset protection during your lifetime, but as soon as you pass that account to a loved one, that protection evaporates. When your spouse, child, or other loved one inherits your retirement account, creditors have the power to seize it...
by Snyder Law PC | Aug 25, 2021 | Estate Planning, Snyder Blog
Once your young child turns 18, they are considered an adult. Now your child is free to vote, marry, apply for a credit card, make medical and financial decisions, sign contracts, and live independently. No wonder the law calls this coming of age “emancipation.” But...
by Snyder Law PC | Aug 18, 2021 | Estate Planning, Snyder Blog
There is no doubt that having a will as part of your estate plan is important. Having a will allows you to appoint a legal representative or executor to carry out your bequests and name a guardian for your children and avoid the state doing so via state law that may...
by Snyder Law PC | Aug 16, 2021 | Estate Planning, Snyder Blog
Whether you are starting from scratch or have an estate plan in place a letter of instruction (LOI) is an important part of any comprehensive plan. A letter of instruction can help your loved ones manage important information about you. A LOI conveys your desires,...
by Snyder Law PC | Aug 11, 2021 | Estate Planning, Snyder Blog, Special Needs Planning
When you have a child with special needs, it is crucial to plan their future with the utmost care as they will meet additional challenges to care for themselves and their lives. According to the US Census Bureau, between the years 2008 to 2019, the biggest increase in...
by Snyder Law PC | Aug 4, 2021 | Snyder Blog
While Michael was waiting for his home in Texas to sell, he was vacationing with friends in California. Unfortunately, he took a bad fall and ended up in a California hospital. He had his Texas power of attorney, but the problem was that they were “springing” powers....
by Snyder Law PC | Jul 28, 2021 | Estate Planning, Snyder Blog
The most vulnerable in our society, the elderly or ill, sometimes fall victim to scams and cons. Targeted attacks on vulnerable older people to exert what attorneys deem “undue influence” constitutes elder abuse. It disrupts the older persons’...
by Snyder Law PC | Jul 21, 2021 | Snyder Blog, Tax Planning
When an asset, such as property or cash, is transferred to another person without getting anything in return a gift tax may be applied. The asset has to be of a certain value for the tax to apply; otherwise, it falls under the gift tax exclusion, either annual or...
by Snyder Law PC | Jul 14, 2021 | Estate Planning, Snyder Blog, Tax Planning
On March 25th, 2021 a new bill, “For the 99.5% Act,” was introduced into Congress by Senator Bernie Sanders and Representative Jimmy Gomez. The bill’s current form is only 18 pages long, but its potential impact on federal estate and gift tax laws...
by Snyder Law PC | Jul 12, 2021 | Estate Planning, Snyder Blog
An estate plan is important for people of all ages, but as we age, the need for planning becomes even more critical. Many people avoid estate planning because they do not want to think about the end of life, failing health, or disability. Others believe that an estate...
Be Proactive! Long-term Care Costs are on the Rise in CaliforniaSeptember 29, 2021
Plan Ahead Before a Crisis OccursSeptember 17, 2021
Don’t Make These Mistakes When It Comes to Inheritances and Medi-CalSeptember 15, 2021
Don’t Forget to Plan for Incapacity!September 13, 2021
Considerations for Caregiving from AfarSeptember 8, 2021