We recommend that you review your estate plan annually to ensure it accurately reflects your wishes. In reviewing your estate plan, ask yourself the following questions to determine whether your plan is current or whether it needs to be reviewed and updated: Under your existing estate planning documents, who will be charge of your financial … Continue reading Review Your Estate Plan Annually
In selecting a successor trustee for a living trust, people often gloss over the complications involved and think in terms of such broad generalizations as who will “manage my estate” or “take care of my beneficiaries” or “settle my estate.” In reality, a trustee performs very specialized, complicated functions. The trustee must prudently invest assets, … Continue reading Choosing Your Trustee
Under California law, trustee compensation must be “reasonable” if there are no criteria or other guidelines set forth in the trust. (Probate Code Section 15681.) Often, trusts simply say that the trustee is entitled to “reasonable compensation” without any definition or any guidelines to help determine the amount of trustee compensation. In those cases, California law … Continue reading Trustee Compensation
The following is an excellent article from California Advocates for Nursing Home Reform (CANHR), on how to choose a nursing home: http://www.canhr.org/factsheets/nh_fs/html/fs_howtochoose.htm
For a thorough, plain English explanation of California’s Medi-Cal payment for long term care, please review this article from California Advocates for Nursing Home Reform: http://www.canhr.org/factsheets/medi-cal_fs/html/fs_medcal_overview.htm