The important role of a trustee is crucial to the successful administration of a trust. A trustee is “trusted” individual who is responsible for making sure the provisions of the trust agreement are followed. Trustees are basically responsible for management of the trust property, including maintaining accurate records of every transaction taken that relates to [ ] The post Trust Administration Attorneys Can Handle Administration Issues appeared first on Northern California Center for Estate Planning and Elder Law.
Retirement is meant to be relaxing, but the thought of retirement for some may instead be stressful. A common concern many clients have is whether they will have sufficient income or savings to be able to have a comfortable retirement. Clients often wonder when they need to start saving and what is the best strategy. [ ] The post Sacramento County Retirees Can Benefit from Retirement Planning appeared first on Northern California Center for Estate Planning and Elder Law.
California’s Medicaid program is known as Medi-Cal. It provides free or low-cost health care coverage for adults who are 65 or older, blind, disabled, pregnant or residing in a long-term facility. Medi-Cal also provides benefits for non-disabled, non-elderly adults aged 19-64 who qualify based on their income levels. To qualify based on income, their level [ ] The post What You Should Know about Medi-Cal Law appeared first on Northern California Center for Estate Planning and Elder Law.
It may not be common knowledge, but many of the individuals who eventually need long-term care are not sick in the traditional sense but are merely incapable of caring for themselves. If you are inclined to plan ahead for the possible need for long-term care, one way to start is by investing long-term care insurance. What [ ] The post Basics of Long-Term Care Insurance appeared first on Northern California Center for Estate Planning and Elder Law.
The probate process is the way a person’s estate assets are officially distributed to their heirs and beneficiaries through the California court system. Those assets can include cash, personal property, and real property. Basically, the probate procedures require several steps before the probate can be closed. Estate assets cannot be distributed to heirs or beneficiaries [ ] The post Understanding Probate Law in California appeared first on Northern California Center for Estate Planning and Elder Law.
Retirement planning for Sacramento residents is important and, even if you haven’t started, it is never too late. A common misconception among residents is that you can be dependent on your Social Security benefits alone. Instead of risking your retirement on something unpredictable, it is better to be proactive and create a proper retirement plan [ ] The post Why Including an IRA in Your Retirement Plan is a Good Idea appeared first on Northern California Center for Estate Planning and Elder Law.
When a loved one suffers a mental impairment, it is only a matter of time before they need help taking care of their own personal and financial affairs. Some of the common signs of diminished capacity include disorientation and memory loss. If you begin to see these signs, it may be time to consider taking [ ] The post Elder Law Attorneys Handle Difficult Elder Law Issues appeared first on Northern California Center for Estate Planning and Elder Law.