Incorporating IRAs in Your Elder Law Planning

  Can I qualify for Medi-Cal if I have significant assets in my IRA? Individual Retirement Accounts (IRAs) and other retirement plans like 401(k)s should form an integral part of planning for your financial future. Qualified plans, which include all plans found within Section 401(a) of the Tax Code, are eligible to receive tax benefits….

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What to Do If Your Identity Is Stolen

  Do I need to freeze my credit if my identity has been stolen? Since the advent of the internet, instances of identity theft have become more common with each passing year.  According to the Insurance Information Institute, in 2017 there were over 16.7 million victims of identity fraud, a record high up from previous…

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Estate Planning v. Elder Law

  What is the Difference Between Estate Planning and Elder Law? Elder law and estate planning are two areas of law that are not well understood.  Many seniors have little understanding as to what constitutes elder law, as opposed to estate planning.  Our estate planning and elder law lawyers at OC Wills and Trusts discuss…

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Cloud-Based Estate Planning

How can cloud-based technology assist in your estate planning? Technology never ceases to amaze.  New cloud technology can even aid in your estate planning needs. Products are now available that allow you to upload final messages to be read after your death. In these final messages you can reveal your feelings, secrets, last wishes or…

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Using Annuities in Planning for Long-Term Care

I am approaching retirement and still in great health. What are some long-term care planning options aside from a long-term care insurance policy? For those who are considering their options in long-term care planning, one of most pivotal issues to consider is eventual eligibility for Medicaid. Unlike Medicare, Medicaid is the only government health insurance…

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Medicaid/Medi-Cal Eligibility and Asset Protection

Can an Estate Planning Attorney Help You Protect Your Family’s Assets via Medi-Cal planning? The federal Medicaid program, along with several California state programs, comprise Medi-Cal, which provides funds for medical and nursing home care for almost one-third of Californians annually. Just several years ago, Medi-Cal served over 9 million state residents. Now, following the…

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Concerns When Applying for Medi-Cal

Can I Apply for Medi-Cal? Open enrollment for Medi-Cal (California’s version of Medicaid) is open through the spring.  During the first month of enrollment 216,423 state residents signed up for Medi-Cal. The program is designed to help those with low income (having less than $2,000 in liquid assets), elderly and disabled individuals pay for health…

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