Vanessa Terzian E: vterzian@lagerlof.com PH: 818-864-6174 | Edward Terzian E: consultation@inheritancerecovery.com PH: 818-579-2358
Planning for Loss: Legal Protections For Those Facing a Diagnosis of Dementia If you or a family member are one of the millions of Americans facing a diagnosis of some type of dementia, it is critical that you have the essential estate planning documents in place that will protect you and your loved ones. And…
Considerations for Choosing a Guardian for Minor Children To ensure your children continue with the lifestyle and values you want for them, it is important to put aside your fears and make an estate plan that includes selecting an appropriate guardian. A skilled Personal Family Lawyer® can be a valuable ally to help walk you…
Planning for Estate Taxes in 2013 and Beyond What will happen to estate taxes in 2013? Right now, you may as well try to predict what the weather will be on Jan. 1 than count on new laws from a contentious Congress still debating the scenarios. The estate and gift tax exemptions that were set…
Could You Be Responsible for Your Parents’ Long-Term Care Bill? Currently, 29 states have what is known as filial support laws, which means that children of destitute parents could be on the hook for unpaid long-term care bills. Historically, usage of these laws has been uncommon, but with cutbacks to federally funded programs like Medicaid,…
How to Protect Your Assets Through Estate Planning If you need to transfer assets to or from an estate, retirement fund, bank account, or other property/accounts for any reason, there are a few intelligent places to transfer to, with the help of a Personal Family Lawyer®. Certain places that you can transfer money to–both in…
How to Correctly Name Beneficiaries for Your IRAs You could be unintentionally reducing your family’s wealth potential if you do not properly designate the beneficiaries of your IRAs. Improper estate planning could mean that your IRA assets could pass to the wrong people or entities, so how you execute your beneficiary designations is critically important.…
What to Do When You Inherit a Retirement Account As a Personal Family Lawyer®, I am often asked to help people who inherit a retirement account. The action you need to take with an inherited IRA depends upon your unique situation; the IRS has rules for each and recently announced that they will be cracking…
What a Will Won’t Do There are a number of essential things a last will and testament can do for you, such as distribute family heirlooms and name a guardian for minor children, but there are some equally important things a will won’t do: Diminish estate taxes – a will won’t help you decrease your…
Avoid these 10 Common Estate Planning Mistakes As a Personal Family Lawyer, I see many of the same estate planning mistakes made time and again by people who either fail to plan properly or who use “do-it-yourself” estate planning websites or forms in an effort to save money. Without professional guidance, this can cause more…
How to Protect Your Assets from a Child’s Divorce A child’s wedding day is one of the happiest occasions in life for most parents, especially when they approve wholeheartedly of that child’s choice of mate. Sometimes, however, the choice is not always welcomed and parents become concerned about how to protect assets they plan to…