On Behalf of Panitz & Kossoff, LLP | Oct 10, 2021 | Estate Planning
Most people, given the chance, would prefer to die quietly at home in their sleep after a full and happy life. Statistically speaking, however, only about 25% get that opportunity. That’s what makes it so important to have an advance care directive in place. Like...
On Behalf of Panitz & Kossoff, LLP | Oct 5, 2021 | Estate Planning
Retirement is expensive, especially in a state with a high cost of living like California. While you may have started saving for your retirement as soon as you took your first full-time job in your 20s, your savings may not last as long as you’d like when you...
On Behalf of Panitz & Kossoff, LLP | Sep 29, 2021 | Estate Planning
Probate proceedings are often very predictable. After all, many people invest a lot of time and effort in creating a thorough estate plan. Their loved ones know exactly what their wishes were and who should receive what property. They simply need to follow the probate...
On Behalf of Panitz & Kossoff, LLP | Sep 13, 2021 | Estate Planning
Savings bonds aren’t as popular as they used to be. However, if you’re old enough to have received them as gifts from parents or grandparents or you inherited theirs, you could have some highly valuable assets. As you’re working on your estate plan, it’s crucial not...
On Behalf of Panitz & Kossoff, LLP | Aug 31, 2021 | Estate Planning
As you move toward retirement age, you may start thinking about what you’re going to do with the business. It’s a major asset. Many people will sell the business so that they can put the money they make into their estate plan. While this is certainly an option that...
On Behalf of Panitz & Kossoff, LLP | Aug 17, 2021 | Estate Planning
Probably the most enjoyable part of estate planning – maybe the only enjoyable part – is realizing that you’re in a position to leave money and other assets to people you love as well as organizations whose work you admire and support. However, if you are leaving a...
On Behalf of Panitz & Kossoff, LLP | Aug 4, 2021 | Estate Planning
Saving throughout your lifetime and investing your resources can allow for a comfortable life and a pleasant retirement. It can also mean that you have more assets than you need, allowing you to pass a substantial inheritance on to your family members and other loved...
On Behalf of Panitz & Kossoff, LLP | Aug 4, 2021 | Estate Planning
Estate planning is a process that largely focuses on assets and human relationships. You can provide for a child with special needs, a spouse who has become medically and financially dependent on you and other people that you love. You set the terms that ultimately...
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....
