The Corporate Transparency Act (CTA) is poised to bring transformative changes to the U.S. business landscape, with a spotlight on corporate beneficial ownership reporting. This initiative represents a significant advancement in U.S. anti-money-laundering measures since the USA Patriot Act of 2001. But what does this mean for your small business or estate plan? Understanding the […]

The “estate” you own comprises much more than just real estate (land). Whether you have a modest income or sizeable assets, understanding the full scope of your estate is essential for planning purposes. Let’s delve into the various components of an estate with guidance from a knowledgeable Santa Clara County estate lawyer. Key Components of […]

Special Needs Trusts (SNTs) are designed to provide supplemental support to individuals with disabilities without jeopardizing their eligibility for government assistance, such as Medi-Cal or Supplemental Security Income (SSI). However, there are certain expenses that an SNT should not cover. Understanding these can prevent unintentional complications and preserve the trust’s integrity. Let’s dive deeper with […]

Designing a trust is a significant move in estate planning, one that provides flexibility and potential tax advantages. Central to the operation of any trust is the Trustee, responsible for managing and distributing the trust’s assets as per its terms. Given this responsibility, how financially knowledgeable should a Trustee be? Let’s uncover the answer with […]

“I’ll get to it later.” It’s a phrase many of us have uttered, especially when it comes to tasks that feel overwhelming or too distant to be pressing. Estate planning, for many, falls into this category. But as any experienced Santa Clara will lawyer will emphasize, in the world of wills and trusts, all too […]

As an experienced Santa Clara probate attorney, I often receive questions from clients about the relationship between life insurance proceeds and estate debts. Many beneficiaries are uncertain about whether they are obliged to use life insurance proceeds to cover the decedent’s debts. Here, I’ll delve into this issue, providing clear, easy-to-understand insights. Life Insurance Proceeds: […]

The decision to hire a home health aide for an aging loved one is both practical and personal. While it ensures that your family member receives professional care, it also comes with its own set of challenges. As your trusted Bay Area elder law attorney, I’d like to share some essential tips to consider when […]

Inheriting a piece of jewelry from a loved one is not just about receiving a valuable asset—it’s also about inheriting a memento filled with memories and emotions. As precious as it is sentimentally, it’s equally important to ensure that the jewelry’s monetary value is protected and preserved. As an experienced Silicon Valley estate planning lawyer, […]

It’s not uncommon for parents to add an adult child as a co-owner on their bank account. This arrangement often serves as a convenience, allowing the child to help manage finances or ensure easy access to funds in case of emergencies. However, what happens when that child is facing a divorce? Could the parent’s money […]

Are you worried about an elderly loved one living alone, especially when they’re facing a hospital discharge? As a Santa Clara Elder Attorney, I understand your concerns, and I’m here to provide valuable advice and guidance.  Seek Professional Assistance There are several healthcare professionals who play vital roles in supporting the safe transition from hospital […]