News & Blog

Maximizing the Value of Inherited IRAs

Stretching an inherited IRA is extremely valuable to the beneficiary. Learn what that means. An inherited IRA, or “beneficiary IRA”, is an account that gets opened when someone inherits an IRA after the death of its owner. The beneficiary may open an inherited IRA from any variety of eligible IRAs, from Roth and rollover to […]

Do All Estates Need Probate?

In California, a full probate is not necessary if someone dies with under $150,000 in assets. For example, say, Joe Client dies owning a bank account in his name worth $130,000 and no other assets. The beneficiaries (i.e., the ones getting Joe’s stuff under his will or intestacy if there is no will) complete what […]


Have a Trust? Now fill it up!

If you have a living trust, you probably think that you will avoid probate. Well, that may be true, but having a stack of documents you call a trust is not enough to do the job, you have to now put assets in your trust. Imagine your living trust is a bucket. Once you sign […]

What happens when you die?

“In this world nothing can be said to be certain, except death and taxes,” Benjamin Franklin once wrote in a letter. Unfortunately, those words are just as true today as they were in the 1700s. Worse, sometimes the two come as a package deal. After all, when someone dies, their family members must go through a lengthy […]

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VA Disbursements have Increased

Helen Justice, Geriatric Care Manager, at Advanced Wellness, published an informative article on updates to VA disbursements: Are you a War-Time Veteran or Widow of War Time Veteran? There are Financial Benefits available for War Time Veteran and Widow of War Time Veteran to help defray the cost for senior placement Assisted Living Facilities, Board […]

2018 Medicare Parts A & B Premiums and Deductibles

On November 17, 2017, the Centers for Medicare & Medicaid Services (CMS) released the 2018 premiums, deductibles, and coinsurance amounts for the Medicare Part A and Part B programs. It appears there aren’t many changes, but it’s still a good idea to familiarize yourself with the latest information. For example, Medicare Part B deductible is […]