Vanessa Terzian E: vterzian@lagerlof.com PH: 818-864-6174 | Edward Terzian E: consultation@inheritancerecovery.com PH: 818-579-2358
As an asset protection lawyer in Pasadena, I find that it often makes sense to advise clients to create multiple LLCs when they own more than one investment property. While it might seem more convenient to simply set up one LLC for all of your properties, you can maximize your asset protection by putting each…
DetailsSometimes in life the unexpected happens and leads to changes which can be stressful, uncomfortable, and even financially painful. People who are diagnosed with Dementia, Alzheimer’s Disease, Stroke and Parkinson’s often need skilled nursing home care. If you have been told by other professionals that you do not qualify for Medi-Cal coverage to pay for…
DetailsIf you or a loved one is in need of Long-Term Care, and you’re wondering how to pay for it, the GOOD NEWS is that almost everyone can qualify for Medi-Cal benefits, even people who are already in nursing homes. But don’t expect the Government or the Nursing Home facility to show you how. That’s…
DetailsA good asset protection plan puts dangerous assets in limited liability companies (LLCs). There should be a separate LLC for each dangerous asset in order to insulate your other assets from liability arising from this dangerous asset. By insulating the asset with its own LLC, only this asset will be taken if a judgment arises…
DetailsMost estate plans include a last will and testament (often just referred to as a “will”), general durable power of attorney, health care power of attorney and health care directive to physicians (also known as a living will). Trusts are extremely powerful and also flexible agreements that are also often used in estate planning. Common…
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