It is generally understood that California’s Medicaid program, known as Medi-Cal, has the ability to seek reimbursement of the medical costs paid out during an individual’s lifetime from that person’s probate estate after their death. In fact, this is a big concern for most people considering whether to apply for Medi-Cal to cover their nursing [ ] The post California Bill Limits Medi-Cal Recovery Against Probate Estates appeared first on Northern California Center for Estate Planning and Elder Law.
Having your own a customized estate plan has become more and more common. Digital estate planning has also become more common. But, what exactly is meant by digital estate planning? Nowadays, everyone has at least one digital asset, if not many. Digital assets include any property that is either based on a computer or involves [ ] The post Do Estate Planning Lawyers Recommend Digital Estate Planning? appeared first on Northern California Center for Estate Planning and Elder Law.
One of the primary concerns clients have about Medi-Cal eligibility deals with previously transferred assets. In many cases, clients have already taken some bad advice and given away their assets in anticipation of applying for Medi-Cal benefits. However, as Medi-Cal planning lawyers understand, there are still options even for your previously transferred assets. Here is [ ] The post How Can Medi-Cal Planning Save Previously Transferred Assets? appeared first on Northern California Center for Estate Planning and Elder Law.
When a couple ties the knot, their lives change in a variety of ways. When a couple begins their new lives together, it is important to think about all of the changes and updates that need to be made. Having a comprehensive estate plan that includes both people is a great way to start. With [ ] The post Estate Planning Tips for Newlyweds appeared first on Northern California Center for Estate Planning and Elder Law.
According to news reports, Sacramento has lost two very popular music venues in only a week’s time. These losses have left a gaping hole in Sacramento’s independent music scene. First, the Starlite Lounge, located on 21st Street hosted its final show on June 25, 2017. The Naked Lounge coffee shop, a smaller venue located downtown, [ ] The post Recent Loss of Music Venues in Sacramento Reminds of Need for Asset Protection appeared first on Northern California Center for Estate Planning and Elder Law.
One of the major concerns most people have in nursing home planning is how to protect their assets from being completely exhausted by nursing home expenses. Although a trust can be a great strategy, not every type of trust provides the asset protection you need. If you engage in proper nursing home planning, including the [ ] The post How Elder Law Attorneys Can Help With Your Nursing Home Planning appeared first on Northern California Center for Estate Planning and Elder Law.
The basic purpose of estate planning is to prepare for the possibility of incapacity and for death. Your estate plan can include various types of estate planning tools, including trusts and wills. The variety of estate planning strategies that are available allows you to customize a comprehensive estate plan to fit your needs. This article [ ] The post What Experienced Estate Planning Attorneys Know About Trusts and Wills appeared first on Northern California Center for Estate Planning and Elder Law.