Vanessa Terzian E: vterzian@lagerlof.com PH: 818-864-6174 | Edward Terzian E: consultation@inheritancerecovery.com PH: 818-579-2358
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…
Reality Check / Reframing – How do You Want Your Loved Ones to Live During Your Final Illness? Surveys show that most people have not named an agent to make health care decisions if they are unable to speak for themselves, nor have they directed in advance their wishes for their healthcare. The usual reasons…
Does your Estate Plan Address your e-Assets? Each day, new technology is introduced and adopted into our daily lives. For example, it is hard to imagine that the iPhone® was first introduced to us in 2007. Five years later, most of us have either adopted it or an android cellular phone into our daily lives.…
Check-in with Your Father – or You May Have an Unpleasant Surprise When Your Father Checks Out Family relationships can be difficult, sometimes leading to a parent and child no longer speaking to one other. When someone is in this situation, it is worthwhile for that person to evaluate his or her long term expectations…
COURT ORDERS SON TO PAY HIS MOTHER’S $93,000 NURSING HOME BILL By definition, “filial” means the relationship of child to parent. Over the past few years, we have seen new state laws addressing this relationship by requiring adult children to be responsible for their parents if their parents cannot afford to take care of themselves.…
When No One Feels Right, How to Decide Who to Name as Guardians Reasons Most Parents Have Not Planned for the Care of their Kids The statistics are staggering: most parents do not have wills or other documents naming guardian(s) of their children if something happens to them. Depending on the source, the percentage is…
AVOIDING INHERITANCE CONFLICTS When your inevitable day comes, your surviving loved ones will grieve for you. Each of them will deal with the loss of you in their own unique way. There will be days, months and years often filled with emotion and conflicts among and between your surviving loved ones. Unfortunately, this can often…
Who Would you Rather Be? Scenario #1 Jason’s mom has to go for hip replacement surgery. She is in extreme pain and the surgery is the only thing that might help. She is 85 years old and has had heart problems for years. She knows that she has executed a Health Care Proxy Directive, but…