The biggest tax reform in twenty years was passed on Dec 22, 2017 known as the Tax Cuts and Jobs Act (TCJA). It makes fundamental changes in the way families and businesses calculate their federal income tax bills, and most individual provisions stay in effect from 2018 through 2025. Learn more…
It is important to understand the options available to help you help your parents from in-home care and adult day programs; assisted living and board and care; to skilled nursing care. Although many of these options have significant costs, Medi-Cal may offer some financial relief. In particular, Medi-Cal will cover the cost of skilled nursing home care. Although Medi-Cal is a resource-based program, there are many strategies available to Californian residents to qualify for benefits without having to spend down your assets.
Having an estate plan is critical to ensuring the right people are in place should you ever be unable to take care of your needs.
Teachers (and Government Employees)—Don’t Make This Social Security Mistake. Please read this important information to learn more.
Many of us find that a good portion of mail includes appeals from charities for financial help—whether it be to find a cure for a serious illness, help people who just need a hot meal, or to support our service men and women. All of these causes are important, but it can sometimes be difficult to determine legitimate charitable organizations from scams. Learn more about some common scams that you can easily avoid.
When you create a living trust, you appoint a successor trustee to be in charge and manage the trust in the event you are unable to do so either because of incapacity or death. Your trustee is bound to administer the trust by a fiduciary duty. Generally, this means that the trustee must act in each trust beneficiary’s best interest. Find out how this happens.
The Centers for Disease Control and Prevention is clear that People aged 65 years or older are more prone to heat-related health problems. This is often due to medical conditions and prescription medications that can impact how your body responds to heat. To avoid heat-related health problems check out these simple tips.
Communities around the world to need a better understanding of abuse and neglect of older people. We are raising awareness of the cultural, social, economic and demographic processes affecting elder abuse and neglect. Please use the following information to educate yourself about the signs of elder abuse and neglect.
Many people assume that if you have been a couple for a long time in California, that you eventually become legally married under common law. California does NOT recognize common law marriage regardless of how long you have been together, and/or if you declare to others that you are married. Under California law, unless a couple is legally married or has a legal domestic partnership, the surviving life partner may not be provided for by the estate. Learn how to avoid this!
Stepping into the role of trustee can be emotional and stressful and disagreements may happen. The trust must dictate how the co-trustees need to proceed when they disagree. This could be by unanimous decision, majority rules, and in worse case scenario, a court must break a tie. Co-trustees is a risk that can lead to hurt feelings and family strife. Learn some tips on how to avoid this.