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Long-Term Care Planning

Safeguarding: deceased estate planning for permanent care(disability) kinship & adoptive families. [Video]

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Safeguarding: deceased estate planning for permanent care(disability) kinship & adoptive families.

Preparation for many situations and events is a big part of our lives, however, often seeing a lawyer and preparing a will is an expensive, time consuming and thought provoking process. Wills are often something that we leave to another day, and often that day never comes. That day did come for one carer, Naomi Colville.
Naomi started by attending a webinar and soon found herself considering many aspects that she hadn’t considered. Who would be the guardian for the children? What should be done to make arrangements for a child that would never be capable of being responsible for their own finances? And what type of structures accommodated both their children and allowed for protection from various other parties involved in her children’s lives? What did Naomi learn about a disability trust?
The answers are out there and require time, thought and strategies to be determined. And they will need to be reviewed too on average every 5 years.
Listen to her story or see the website for contacts and resources to start your own journey in ensuring your wishes are clearly set out to safeguard the young people in your life.

www.pcafamilies.org.au

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Long-Term Care Planning

You Dont Want Your Heirs to Fight Over Your Assets? Heres What to Do Now [Video]

Its the day-to-day itemsthe ones with sentimental valuethat can cause the most problems.

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Long-Term Care Planning

Fireside Chat: 4 Reasons Why Everyone Needs Some Estate Planning with Cynthia Cohn & Phil Barbaro [Video]

Los Angeles residential real estate broker, Cynthia Cohn and partner in the law firm of Barbaro, Chinen, Pitzer & Duke, LLP, Phil Barbaro sat down to chat about 4 Reasons Why Everyone Needs Some Estate Planning.Phil focuses primarily in the areas of trusts, wills, conservatorships, elder abuse, undue influence and other probate related matters.We touched on the questions:- Why should someone consider having an estate plan?- Why is a will necessary if a trust is part of an estate plan?-Why is a Power of Attorney for financial matters necessary for someone who has modest assets?Enjoy!

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Long-Term Care Planning

In this video, I answer the question: What are Estate Planning transfer costs? I'm attorney Patrick Kelleher and my goal is to educate you. I speak in plain English and avoid confusing legal jargon in my videos.Learn more about elder law and estate planning here: https://elderlawcare.com.By watching this video, you’ll learn:• How gifting can be a double edged sword (Article available here: https://elderlawcare.com/2021/04/14/careful-giving-gifts-can-be-a-double-edged-sword-patrick-j-kelleher-esq-elderlawcare-com/)• The risks, rewards, and challenges of making gifts• How to assess and evaluate your own estate planning circumstances• How gifting could be used to reduce your taxable estate• How much you can gift per year under the current tax code• When to file a Form 709 gift tax return• Proposed changes to the Unified Tax Code under the current administration• How gifts within 5 years of applying for Medicaid benefits are considered impermissible and have a penalty period associatedHave you created your estate plan?Leave a comment below!_______________ Patrick J. Kelleher & Associates is a caring and compassionate law firm that works hard to help you protect what you have for the people you love the most. We serve families and seniors in Hanover, Quincy, and the surrounding Boston, Massachusetts area.Learn more about us at https://elderlawcare.com. _______________- Find my Book on Amazon "How to Avoid the Four-Headed Monster: Probate Court, Estate Death Taxes, Financial Creditors & Predators and Nursing Homes": https://www.amazon.com/dp/B084MB96SK/ref=cm_sw_r_other_apa_i_fXwqEb394KEB0 - Watch my 3 Part webinar “Learn to Plan Your Estate… Before It’s TOO LATE!”: https://elder-law-care-educate.bambiz.net/ - Subscribe to my Newsletter: http://eepurl.com/dHk6Jv- Read my Blog: https://elderlawcare.com/blog/

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Long-Term Care Planning

The best type of asset protection prevents a lawsuit from ever going to court. The same is true of estate planning.The best estate plan avoids probate court and allows for the transfer of wealth to be conducted within your family. Learn the best methods to maintain your family’s privacy after your death and how to make sure that wealth is securely transferred.Avoid the heartache and turmoil of a poorly planned estate.What will be covered:The need to create an estate plan for the transfer of wealthDifferent estate planning methodsUsing a Trust as part of your estate planAn estate plan is more than just a trustWhy it matters now