Estate Planning Practice Blog

Elder Care Resources and Geriatric Care Managers.

Last week, the local Long Beach paper featured a local Long Beach based website and company focused on providing resources for elder care called AgingPro.com. The person behind the website was selected by Oprah's magazine to participate in a Women Rule! leadership project. It's a good thing. There can never be too many resources for our aging population.

One of the key referrals you can get from your estate planning attorney is a geriatric care manager and other resources for elder care related providers in your local area.

Leanna Hamill, an estate planning attorney over in Massachusetts, also recently posted a link to a New York Times article on why one should hire a geriatric care manager. Read what she has to say here. Read the New York Times article here.

Be sure to involve your estate planning attorney or your elder's estate planning attorney when looking for resources for elder care issues. You never know what gem you might find.

WSJ Article on Estate Planning in Dire Times

Click here to read a fascinating article on estate planning and why now is the time to do it.

It was a dark and stormy night... (oh, that's Snoopy, read the wiki on it here.)

The economy is a mess, home prices are reeling, and stocks have plunged. But for those likely to become ensnared in the estate tax, there's a silver lining: These troubled times offer some of the best opportunities in years to transfer wealth to younger generations, without triggering much or any inheritance tax along the way. Click here for the rest of the story.

Partner Mark Doyle in our Irvine office is the lead estate planning attorney for our firm and handles many of these complex issues on a routine basis for all of the firm's clients raised in the Wall Street Journal article linked in this post.

Have a question? Have a new matter? Want to schedule a consultation? Email us with your inquiry! We are always happy to assist when we can.

Save the Date Cards.

Funny how save the date cards have become prevalent these days. Save the date,  we are getting married! Save the date, it's a party! Save the date,  etcetera etcetera.

Yesterday at a presentation for the Lakewood Chamber Women in Business Council, a colleague spoke about her challenges in dealing with her mom as she aged, became ill and later passed away. She spoke about saving the date. I will explain in a minute.

Cathy, the Chief Operations Officer for Memorial Healthcare IPA, spoke from the heart about her experience. Her daughter was in the audience and it made for a very tearful presentation among us women listening.

One of the last things that Cathy spoke about was making sure everyone has their affairs in order as soon as possible because there is no save the date. No save the date as this is when you will fall, become ill or pass away. She was right and put it in perspective in a very poignant way.

As an estate planning attorney, I agree. You can't save the date. It's important to make sure things are in place as you wish and work with your team of professionals to get what you need done. Get the attorney on board for your estate plan, get your life insurance professional on board for your life insurance policies, get your financial planner on board for financial planning -- get us all on board.

It's that important. You only live once.

FDIC Insurance Limits Raised

Effective October 3 through December 31, 2009, President Bush signed a law raising the FDIC depositor insurance coverage limit to $250,000 per account subject to rules and upward adjustments.  See this link from the FDIC for more information.

As always, also discuss with your attorney, financial advisor or other advisor if you have questions or concerns about your FDIC coverage for your accounts. Our motto is better to be safe than sorry.