Blog

We encourage all of our clients to create a Living Trust so their families can avoid Probate. Unfortunately, there’s one critical step that sometimes gets left out of this equation and leaves families vulnerable to Probate. Simply having a Trust is not enough; Living Trusts need to be funded--your assets...

While a large segment of our LivingTrust clientele tends to be older couples, we’re now seeing more Millennials and Gen-Xers creating Trusts. It starts with buying a home--scraping together a down payment and buying a Bay Area home is a sobering experience. But the big motivator is the birth of...

Meet the Yin family. At 83, mom was weak and ill from stage IV lymphoma and atrial fibrillation. She’d gone through exhaustive chemotherapy and she’d run out of options. Yet it was still a surprise when the doctors told the family that she had fewer than six months to live...

Laurie Scherrer, 55, a hardworking sales executive, found herself forgetting customers and unable to perform simple math calculations. She was diagnosed with early onset Alzheimer’s disease and frontotemporal dementia, which causes deterioration in behavior and ability to understand language. Ms. Scherrer gave herself some time to feel sorry for herself, then took...

The baby boomers--that big, bold generation that marched, protested, innovated and made things happen--are leaving another legacy. That of debt. The boomers, unlike their frugal parents before them, have not done a very good job of preparing for retirement. The number of senior households with debt increased from about 44% in...

Ask tax professionals, and they’ll tell you that this year may be the most grueling tax season in memory. The shutdown.The IRS is “on shaky ground after the 35-day shutdown that began in late December”, said former Internal Revenue Service Commissioner Mark Everson. The Tax Cuts and Jobs Act of...

Older workers who feel threatened by millennials in the workplace just received more bad news. A federal law barring age discrimination in employment applies only to those currently employed--not those new applicants who may be applying for a job. Seeking candidates with no more than seven years of experience The plaintiff in the...

A growing number of Americans are unmarried and childless, and they may be facing the prospect of an uncertain, solitary old age. A New York Times article, Single? No Kids? Don’t Fret: How to Plan Care in Your Later Years, by Susan B. Garland, tells how one childless woman has strategically...

As we prepare our Living Trusts, many of us reflect on what we will pass on to our children. Property and other assets will be divided among our heirs, but a legacy can transcend money and material goods. My mother passed on that which really mattered My own parents lived well into their...

This is the time of year when we see a lot of new clients who are following up on their New Year’s resolutions to create or update their Living Trusts. But when was the last time you checked to see whom you named as the beneficiary on your retirement account, life insurance...

"Medicare policy has not kept up with the times.” This, according to Oregon Senator Ron Wyden, one of the authors of bipartisan legislation advocating expanded services through Medicare Advantage. California seniors who qualify will be able to get additional services such as help with chores, safety devices and respite for...

A Deed can seem like an insignificant document, but without it, you can’t buy or sell a property. In the following example, the buyer hadn’t recorded the Deed, and the title remained in the owner’s name for nearly two decades. Nearly 20 years later, an unrecorded Deed surfaces This case study comes...