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Estate Planning

Medicare vs. Medi-Cal: What are the Differences

Estate Planning

Even by themselves, Medicare and Medi-Cal can be confusing and difficult to understand, but when a person tries to compare them, the lines get blurred. These programs are very different and not related. Knowing the benefits each program offers and how to qualify for these benefits can have a significant financial impact for you and […]

5 Do’s and Don’ts of Medi-Cal Planning

Estate Planning

Applying for and qualifying for Medi-Cal is a complicated process because of the complex rules involved. Additionally, protecting your assets from Medi-Cal takes in-depth knowledge of the Medi-Cal laws and exemptions. Here are some key do’s and don’ts when considering applying for Medi-Cal. 1. Timing is Everything. Plan Early. The earlier you start planning for […]

Six Estate Planning Steps Even Broke People Need To Take Before Landing Six Feet Under

Estate Planning

I have the great privilege of being in partnership with a well-established probate and estate planning attorney, Anna Serrambana. Our conversations have sparked some very exciting conversations of what our clients and community need in order to protect their families and thrive. In my bankruptcy practice, I deal with people that are under an enormous […]

Expecting a baby? Did you add estate planning to your to-do list yet?

Estate Planning

As part of Facebook founder Mark Zuckerberg’s tax planning for his eventual sale of Facebook stock when it went public was to create a trust which passed some of his assets to his unborn children, thus saving him millions in gift tax. His wife was not even pregnant when Mr. Zuckerberg set up this key […]

In the past 24 hours…

Estate Planning

In the past 24 hours I have been told that a friend was diagnosed with cancer that requires at least 8 weeks of chemotherapy and that a client/friend has a heart problem requiring immediate medical attention. Some who believe that attorneys are only looking out for the almighty dollar may think that I immediately went […]

Is the entire mortgage due when an owner dies and the property is transferred to beneficiaries?

Estate Planning

Almost every mortgage contains a “due on sale” clause which provides that if the borrower transfers a piece of real property that is subject to a mortgage, the entire balance of the mortgage immediately becomes due. For example, if you sell your home, when the transaction closes, escrow will take the proceeds from the sale […]

“Lawsuit-Proof” Your Estate Plan

Estate Planning

Maybe you have created an estate plan to secure your assets from possible litigation once you pass away. But can you be certain that your estate won’t end up in court? Follow these six easy tips below to protect your estate from litigation and ensure your loved ones won’t wind up battling it out in […]

Medical recovery is severely limited by SB-833 effective January 1, 2017

Estate Planning

A very large concern for many people in California is the ability of Medi-Cal to lien and/or collect their assets. Currently, there are very complicated and expensive estate planning techniques that can prevent Medi-Cal from recovering estate assets. However, with California’s recent passage of SB-833, Medi-Cal’s ability to pursue the estate of a deceased Medi-Cal recipient in order to […]