A general conservatorship of the person or of the estate is often established where an elderly person has mental or physical capacity issue, which are severely compromised due to aging or other causes. Please read more about General Conservatorships and reach out to Victor Herrera with questions about how we can help your family.
What is an LPS conservatorship? A Lanterman-Petris-Short Act conservatorship, commonly known as an LPS conservatorship, is a type of conservatorship for individuals sadly suffering from psychotropic problems. These problems can include bi-polar disorder, psycho-effective disorder, psychosis, or other neurological diseases.
What is a capacity declaration? One of the most difficult documents to obtain in the conservatorship process is a capacity declaration. A capacity declaration is a document filled out by a doctor or a psychologist that goes into detail about
Powers of Attorney Powers of attorney allow the principal (the grantor of the power of attorney) to confer legal powers to the principal’s attorney-in-fact (the receiver of the power of attorney). These documents are commonly used to allow the attorney-in-fact
Protecting family assets As previously discussed, placing your real property assets into an LLC may be an effective means of asset protection. Now that your real property is titled in an LLC and is protected, a question to consider is:
Although wills and trusts are both estate planning tools that allow for the protection of assets and the ability to bequeath said assets to heirs, the difference is when that protection kicks in.
Read this article to learn about 5 reasons why you need an estate plan. Spoiler: it is never too early to start a plan!
A general conservatorship of the person or of the estate is often established where an elderly person has mental or physical capacity issue, which are severely compromised due to aging or other causes. Please read more about General Conservatorships and reach out to Victor Herrera with questions about how we can help your family.
What is an LPS conservatorship? A Lanterman-Petris-Short Act conservatorship, commonly known as an LPS conservatorship, is a type of conservatorship for individuals sadly suffering from psychotropic problems. These problems can include bi-polar disorder, psycho-effective disorder, psychosis, or other neurological diseases.
What is a capacity declaration? One of the most difficult documents to obtain in the conservatorship process is a capacity declaration. A capacity declaration is a document filled out by a doctor or a psychologist that goes into detail about
Powers of Attorney Powers of attorney allow the principal (the grantor of the power of attorney) to confer legal powers to the principal’s attorney-in-fact (the receiver of the power of attorney). These documents are commonly used to allow the attorney-in-fact
Protecting family assets As previously discussed, placing your real property assets into an LLC may be an effective means of asset protection. Now that your real property is titled in an LLC and is protected, a question to consider is:
Although wills and trusts are both estate planning tools that allow for the protection of assets and the ability to bequeath said assets to heirs, the difference is when that protection kicks in.
Read this article to learn about 5 reasons why you need an estate plan. Spoiler: it is never too early to start a plan!
Recent Posts