Bank accounts are often the subject of many questions when dealing with estate planning.
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Do Joint Bank Accounts Go Through Probate?
Do joint bank accounts go through probate in California?
Signs of an Incompetent or Dishonest Executor
When a loved one passes away, an executor often handles the estate. The executor manages the estate's assets and distributes them according to the deceased's wishes, as outlined in their will. However, not all executors are equally competent or trustworthy. According...
Do IRAs Go Through Probate?
Retirement accounts have some complex rules that must be followed, and this can affect your estate planning.
Common Medi-Cal Asset Transfer Mistakes
In California, Medi-Cal, California’s Medicaid program, is often an essential resource for those who need long-term care services. However, the program may disqualify a Medi-Cal applicant with too many resources. As a result, when someone is trying to qualify for...
The Step-by-Step Guide to Protecting Your Home from Medi-Cal
When people need to qualify for Medi-Cal to pay for long-term care services, they soon realize that the program has strict income and resource limits. If you own a home and need Medi-Cal, you will need to know: 1) how this asset will impact your benefits and...
Does a Living Trust Protect Assets from Nursing Homes?
Millions of Californians rely on Medi-Cal (California Medicaid) to pay for nursing home care. This is because, unlike Medicare, the Medi-Cal program pays for these and other long-term care services. However, Medi-Cal is income-sensitive, and someone with too many...
Can Medi-Cal Take My Home Equity?
Millions of California seniors rely on Medi-Cal (California Medicaid) benefits for their health care needs. Medi-Cal provides essential health care coverage at no charge to qualifying recipients. However, the program is asset-tested, meaning that recipients can only...
5 Simple Ways to Prevent the Nursing Home from Taking Your Parents’ Money
As your parents age, long-term care issues may become increasingly important. It's not always possible to know when a significant health condition will arise. However, if your elderly parent becomes ill or is injured, they may need nursing home care. Skilled nursing...
Why Getting a Living Trust Online in Minutes Is Not Worth It
Today, it seems like we manage almost every aspect of our lives online. From banking to grocery shopping, there is practically nothing we can't buy or arrange for on the internet. While it may be convenient to take care of everyday tasks this way, not everything...
