Trust & probate law firm Orange County, California by Darren Veracruz Law 2024: Long Term Care & Medi-cal Planning: Most individuals and families want Medi-Cal to pay for long-term care or the preparation of the need for a skilled nursing facility (SNF), sub-acute facility or rehabilitation center. Medi-Cal is the only government program that will cover the cost of long-term care in a skilled care facility. The process of Medi-Cal planning is to properly protect the financial integrity of the individual(s) while getting them the benefits they currently need or might need in the future. Read more information at Darren Veracruz Attorney.
There is a misconception that when someone creates their will they have little choice but to leave their money to their adult (or minor) children outright. That’s not necessarily the case; parents can use a trust to hold funds back from their kids so that the money may be used for specific purposes. Although it is difficult to think about not being around for your family, if you have minor children or grandchildren under the age of 18, you should consider putting a plan into place for your families’ own protection and well-being.
Best rated trust & probate law firm Orange County, California from Darren Veracruz Law: What you don’t know can hurt you or rather, hurt your children. Many of my clients have children that recently graduated from high school and are now getting ready to send their children off to college. There are some things that you need to know once your child reaches the age of 18 that may not be at the forefront of your mind. Some of those things are (1) that you no longer have access to their medical records, (2) you no longer have carte blanche authority to make medical decisions for them or (3) in some cases to know what their grades are in school. Generally, there are several simple yet important documents that every 18-year-old should have as part of their estate plan. I know you’re thinking… “My child doesn’t have an estate.” Be that as it may, having the right incapacity documents on board is considered estate planning.
LSSSC currently operates on a $16.5M budget for Fiscal Year 2021 –2022. Over 80% of the agency’s budget is generated from government contracts. Most of LSSSC’s government contracts and programs have been sustained since 2011. Some contracts –such as the previously mentioned HUD PSH contract through the County of San Bernardino –have been renewed as far back as 2003. The agency’s ability to be responsible stewards of government grants/contracts is directly related to its outstanding fiscal management structure and capacity to execute these high-quality outcome-driven programs.
The second document is what we call a California Statutory Power of Attorney. This is the document that most banks and financial institutions are familiar with and therefore we recommend it. However, it doesn’t cover the universe of things that could or might happen, so we typically recommend augmenting that with a second documents, an expanded Durable Power of Attorney that is custom drafted. The third document that is critical to have as part of your child’s estate plan is the HIPAA Authorization for Release of Information. A properly drafted global HIPAA allows the nominated parties to receive medical information about the condition of the person who has signed the release. If your child is injured and taken to the hospital, the hospital is technically not supposed to release information about their condition or even that they’re at the hospital to anyone. But if your child executes this release, you can fax this to the hospital or present it in person and they will be able to release information to you. Read more details on Darren Veracruz Attorney.
Document & Inventory– You should photograph each firearm and write down the serial number and names, which will be located on the firearm. Determine if you have a severely restricted firearms “Severely restricted” describes that category of weapons which is heavily regulated, such as assault weapons, including the Florida shooter’s AR-15, an AK-47 or an Uzi. California is intent on eliminating severely restricted weapons by making their transfer nearly impossible.