On Behalf of Panitz & Kossoff, LLP | Jul 20, 2021 | Estate Planning
When someone dies in California, their property will typically need to pass through probate before it goes to their family members or other estate beneficiaries. Probate can take months and may require the repayment of debt and the payment of taxes before anyone from...
On Behalf of Panitz & Kossoff, LLP | Jul 6, 2021 | Estate Planning
Medicare is available for almost all adults over the age of retirement, so man people just assume they won’t need Medi-Cal (the Medicaid program in California) to protect themselves as they age. However, Medicare is a program with substantial gaps in coverage....
On Behalf of Panitz & Kossoff, LLP | Jun 21, 2021 | Estate Planning
In the fields of elder law and elder care, you will hear many terms that you might not understand. Life care planning, for example, is a term not many people know. If you are in your senior years or have an older family member in your life, it is time to learn more...
On Behalf of Panitz & Kossoff, LLP | Jun 2, 2021 | Estate Planning
Imagine falling ill unexpectedly. You might be in a coma or be badly injured with brain trauma. If you can’t speak for yourself, then who will make decisions on your behalf? What will you do if you can’t make your own wishes known to the medical facility or your...
On Behalf of Panitz & Kossoff, LLP | May 26, 2021 | Estate Planning
You know that a will is an important part of your estate plans, but a health care directive and a health care power of attorney are also essential. It’s critical that you understand the difference between these two and why they’re an essential part of your...
On Behalf of Panitz & Kossoff, LLP | Apr 14, 2021 | Estate Planning
You’re doing the responsible thing and getting your estate plans in order. But you still need to pick someone as the executor who will oversee your final affairs. Should you name your spouse? A sibling? Your oldest child? The answer to all three is, “Probably not.”...
On Behalf of Panitz & Kossoff, LLP | Apr 2, 2021 | Estate Planning
When you’re putting together your estate plan, one thing to do is to consider adding in a personalized trust. A personalized trust is one that considers your specific assets as well as the circumstances that may influence your estate, heirs and more. There are plenty...
On Behalf of Panitz & Kossoff, LLP | Mar 31, 2021 | Estate Planning
One of the best things about working with an experienced legal team as you do your estate planning is that you can think of the big picture. You may be making your estate plans for the first and only time, but someone who has seen various estate plans in action can...
On Behalf of Panitz & Kossoff, LLP | Mar 16, 2021 | Estate Planning
In terms of estate planning, the first medical document that many people include is an advance directive. It can simply tell the medical team what type of care you do and do not want. For instance, if you’re unconscious and can’t communicate your wishes, it could tell...
On Behalf of Panitz & Kossoff, LLP | Mar 2, 2021 | Estate Planning
Most people assume that they will be doing their estate planning long after their own parents have passed away. Generally, this is true, but there are plenty of cases where it’s not. Just a quick glance at the car accident statistics for any given year shows you that...
