Monday, June 16, 2014

Don't Forget the Digital Assets

Here's a 21st century truth to share with clients who come to you with questions about their estate plan: Don't forget to account for digital assets. As more and more people conduct the majority of their financial transactions online, digital estate planning has become a critical part of having a secure long-term plan. And because many digital assets are password-protected, it's important that the planning is done well in advance to avoid ensure that accounts will be accessible after a loved one is gone.

Writing for USA Today, Eric McWhinnie recommends advising clients to include an enhancement in their estate plan that grants a designated fiduciary access to online accounts and data, as well as social media websites, if they hold sentimental value.
What happens to your digital assets when you're no longer around to manage them?
Left without a game plan, a lifetime's worth of online files and accounts becomes inaccessible, creating incredible stress for already bereaved family and loved ones who are left to settle an estate.

Digital Access For Your Family

In the even of your death, it is important to make sure your loved ones know where the usernames and passwords are for: Computers, tablets, smartphones, email accounts, blogs, image storage, social media accounts, online subscription accounts, online bank accounts, software accounts, etc.

As a wills attorney in Orange County (click here), I know that if your loved ones don't have this information it may cause added stress during the toughest times.

For more information click the link:

Friday, June 6, 2014

ear mites in dogs home remedies

Your dog can have several types of mites that can live in your dog’s ear, but the most common are otodectes cynotis-tiny, eight-legged parasites that feed on the wax and oils in a dog’s ear canal. An individual mite has a three-week life cycle, and is barely detectable by the naked eye. Causing irritation and inflammation, ear mites can infect the external and internal canal, and lead to more serious skin or ear infections if left untreated. Infection usually produces a characteristic dark discharge; in some cases, the ear canal can become entirely obstructed by this coffee ground-like debris.

You can battle this bad bacteria with good bacteria...Enter probiotics for dogs.

Probiotics fight bad bacteria with good bacteria. This kills the bad bacteria and rids your dog of ear mites. For more information on how you can kill the bad bacteria in your dogs ears naturaly visit this link: www.amazon.com/Best-NATURAL-Probiotics-For-Dogs/dp/B00JZQ28PU/

This is by far the best ear mite remedy for dogs!

Video can also be viewed here

remedies for dog ear mites

If you are looking for real natural ear mite remedies for dogs then this is one video you will not want to miss! www.amazon.com/Best-NATURAL-Probiotics-For-Dogs/dp/B00JZQ28PU/

Your dog can have several types of mites that can live in your dog’s ear, but the most common are otodectes cynotis-tiny, eight-legged parasites that feed on the wax and oils in a dog’s ear canal. An individual mite has a three-week life cycle, and is barely detectable by the naked eye. Causing irritation and inflammation, ear mites can infect the external and internal canal, and lead to more serious skin or ear infections if left untreated. Infection usually produces a characteristic dark discharge; in some cases, the ear canal can become entirely obstructed by this coffee ground-like debris.

You can battle this bad bacteria with good bacteria...Enter probiotics for dogs.

Probiotics fight bad bacteria with good bacteria. This kills the bad bacteria and rids your dog of ear mites. For more information on how you can kill the bad bacteria in your dogs ears naturaly visit this link: www.amazon.com/Best-NATURAL-Probiotics-For-Dogs/dp/B00JZQ28PU/

This is by far the best ear mite remedy for dogs!

Added reading http://www.dog-care-knowledge.com/ear-mites-in-dogs.html

remedies for dog ear mites

www.amazon.com/Best-NATURAL-Probiotics-For-Dogs/dp/B00JZQ28PU/ If you are looking for real natural ear mite remedies for dogs then this is one video you will not want to miss!

Your dog can have everal types of mites that can live in your dog’s ear, but the most common are otodectes cynotis-tiny, eight-legged parasites that feed on the wax and oils in a dog’s ear canal. An individual mite has a three-week life cycle, and is barely detectable by the naked eye. Causing irritation and inflammation, ear mites can infect the external and internal canal, and lead to more serious skin or ear infections if left untreated. Infection usually produces a characteristic dark discharge; in some cases, the ear canal can become entirely obstructed by this coffee ground-like debris.

You can battle this bad bacteria with good bacteria...Enter probiotics for dogs.

Probiotics fight bad bacteria with good bacteria. This kills the bad bacteria and rids your dog of ear mites. For more information on how you can kill the bad bacteria in your dogs ears naturall visit this link: www.amazon.com/Best-NATURAL-Probiotics-For-Dogs/dp/B00JZQ28PU/

This is by far the best ear mite remedy for dogs!

ear mite remedies for dogs

Additional reading http://www.dog-care-knowledge.com/ear-mites-in-dogs.html

Wednesday, May 7, 2014

Estate planning is about leaving a legacy

Check out this article we found:

MUNSTER | Wills and estate planning are critical, but often overlooked, according to an attorney who spoke about planning ahead at a recent seminar hosted by The Salvation Army of Lake County.
“Estate planning is more of a life planning process than anything else,” said Gary Bonk, local estate planning attorney and The Salvation Army Advisory Board member, who spoke at the free seminar.
Bonk discussed the importance of putting together a will and estate plan, and answered questions regarding wills and trusts, guardianship and preserving assets for loved ones. The presentation also highlighted the significance of charitable giving.
“Leaving a charitable legacy is important,” said Bonk. “Charitable giving should be a part of any estate plan.”
Planned giving to organizations like The Salvation Army can enable donors to leave a legacy of support for a cause. These legacy gifts can provide tax benefits to donors and allow them a say in how the funds will be used.
Donors who make a legacy gift to The Salvation Army through their wills, trusts and other estate plans are members of the organization’s Legacy Society. These donations play a key role in facilitating resources to support The Salvation Army mission of Doing the Most Good. 

What is a Living Will?

As a successful Orange County estate-planning attorney (http://www.tompkins-law.com/estate-plan-reviews-and-amendments), I know that estate planning can be a difficult topic to discuss.  However, it is extremely important to prepare in the event of your death.  There are several types of estate planning, but one way of doing so is with a living will and a power of attorney for health-care.  In the beautiful state of California, using these types of tools is called the Advanced Health Care Directive. 

If you want to learn more about this topic please click the link below to read this blog post in full:

Thursday, April 3, 2014

Dividing the Estate’ play about family inheritance dispute mirrors real one

Check out this article we found:

The Gordon family is having some trouble.  In 1987, when Texas feels the recession badly.  The source of the family fortune, a 5,000-acre farm, is barely profitable and real estate values have plummeted.
The three Gordon siblings, who haven’t worked a day in their lives, are squabbling about when and how the family assets should be divided. Their elderly mother, Stella, who controls the family wealth, insists there will be no division while she lives, and that the estate will remain intact after her death.
Dividing the Estate, Horton Foote’s comic drama about the dispute, premiered in 1989. But it’s as fresh today as it was then, said William Hayes, producing artistic director of Palm Beach Dramaworks in West Palm Beach, where the play opens today.
Many of his donors are embroiled in similar situations.
“I’m disturbed about the number of families and siblings who are divided over money and will issues,” said Hayes, who directs the production. “Many children have a strong sense of entitlement to their parents’ money. Some are disputing over their parents’ wills when their parents are still alive.”
Family disputes over inheritance are nothing new in Palm Beach. For example, when frequent visitor Brooke Astor died in 2007, leaving behind a $100 million estate, a battle broke out between her grandson, Philip Marshall, and his father, Anthony Marshall, who Philip accused of defrauding Astor in her declining years. Anthony Marshall was found guilty of a number of fraud and conspiracy charges, as well as first-degree grand larceny. The case is under appeal.
The four sons of Fred Koch, co-founder of energy conglomerate Koch Industries, spent nearly 20 years feuding about whether two brothers, Charles and David, defrauded the other two, William and Frederick, and other stockholders out of more than $2 billion when they sold their shares of Koch Industries in 1983. The brothers settled in 2001.
“Unfortunately, it happens a lot,” said estate-planning attorney Danielle Mayoras, author with her husband, Andy, of Trial & Heirs: Famous Fortune Fights! “That’s what inspired us to write the book. It happens whether you’re a multi-millionaire or have a modest estate. All the emotions siblings had while growing up, their feelings about second-marriage situations — everything boils to the surface when someone passes away.”
Foote wrote many plays about small-town Texans, as well as Academy Award-winning screenplays for To Kill a Mockingbird and Tender Mercies.
The Gordon family’s “easygoing complacency — a firm confidence in their inherited right to all the good things in life and their fundamental lack of interest in the ultimate costs of their comfort, long borne by others — they look awfully familiar.” said The New York Times in its review of the 2007 off-Broadway production.
Hayes agrees. “There’s an increasing sense of entitlement and too much emphasis on money,” he said. “It’s particularly an issue in our own county.”
In Dividing the Estate, Stella lives in the past and can’t even keep the details of her own relatives’ lives straight. Her self-absorbed daughter, Mary Jo, and her alcoholic playboy son, Lewis, have been siphoning money off the Gordon estate for years. Their sister, Lucille, is clueless. Only Lucille’s son, who runs the family farm, and his socially conscious fiancée Pauline have any awareness of the outside world.
Less selfishness and better estate planning might have mitigated the Gordons’ distress. Instead, they seem likely to follow the path of many people the Mayorases meet during their speaking engagements around the country. “Everywhere I go, people who have had strong estate battles years ago still carry the scars,” Mayoras said.
- See more at: http://www.palmbeachdailynews.com/news/news/local/dividing-the-estate-play-about-family-inheritence-/nfMYR/#sthash.d48OFtTn.dpuf

Estate Dispute - Rosa Parks

As an estate planning attorney in Orange County (http://www.tompkins-law.com/estate-plan-reviews-and-amendments), I know firsthand how draining an estate dispute can be.  I recently read about the ongoing Rosa Parks estate dispute and wanted to share it with my blog readers.

Rosa Parks is an American household name and classic role model.  She is known as, "The mother of the freedom movement," in congress.  February 4 is a national holiday, and so is the historical day of the arrest that made her famous.  She was arrested for refusing to give up her seat on the bus for a white passenger.  These two days are known as, "Rosa Parks Day," in 2 states, California and Ohio.

Rosa Parks quickly became one of the most important components of the Civil Rights Movement.  She also received the Congressional Medal of Gold and the Presidential Medal of Freedom to recognize her for the role she played.

To read more about the Rosa Parks Dispute please visit this link:

http://blog.tompkins-law.com/2014/03/insight-on-rosa-parks-estate-dispute.html

Tuesday, January 28, 2014

Estate Planning For The 99%

Check out this article :

Lawyers and wealth managers who specialize in passing assets to the next generation love to brag about their ultra high net worth clients. But privately they admit that many (or most) of those who seek their help with wills and trusts don’t fall in this category. And lately they would have us believe that tax planning for these folks, most notably those with assets in the $5 million to $10 million range, is very, very, challenging.
That was one of the continuing themes last week at the Heckerling Institute on Estate Planning in Orlando, the annual Super Bowl on the subject. The catalyst for the discussion among the 2,900 lawyers, accountants and insurance pros gathered there, was a planning device that Congress introduced on an interim basis starting in 2011 and made permanent with the American Taxpayer Relief Tax Act of 2012. Tax geeks dubbed it “portability.”
Despite its wonky name (which mind you does not actually appear in the tax code so don’t blame Congress for this particular jargon), portability solved a pressing problem and had all the hallmarks of a consumer-friendly new rule for the 99%. In a nutshell, the law made it possible for widows and widowers to carry over the estate tax exemption of the spouse who died most recently and add it to their own. The tax law refers to the sum carried over as the “deceased spousal unused exclusion amount.” In common parlance it has become known by the short-hand, “the DSUE amount.”
At current rates this enables married couples to transfer $5.34 million apiece ($10.68 million together) tax-free. This tax-free amount (also called the “exclusion” or “exemption”), which is adjusted for inflation, will reach $6.58 million 10 years from now, and $8.95 million in 20 years, according to projections by Bernstein Global Wealth Management.
Public service announcement: To take advantage of this option or “elect portability” (in legal lingo), the executor handling the estate of the spouse who died must file an estate tax return (Internal Revenue Service Form 706), even if no tax is due. This return is due nine months after death with a six-month extension allowed. (For questions and answers about other aspects of portability, see “A Married Couple’s Guide To Estate Planning.”)

Medi-Cal Explained

The California Medical Assistance Program (AKA Medi-Cal) allows certain residents to seek medical benefits. Those who usually qualify for Medi-Cal benefits include families, seniors, people with disabilities, foster care children, pregnant women, or people suffering from diseases like tuberculosis, breast cancer or HIV/AIDS.  The California Department of Health Care Services (DHCS) and the Center for Medicare and Medicaid Services (CMS) jointly support Medi-Cal.  Many services covered are administered on a county level of California.

To read more check out this estate planning attorney in Orange County's blog:

 http://blog.tompkins-law.com/2014/01/an-estate-planning-attorney-answers.html

An Estate Planning Attorney of Orange County - The Difference Between Living Trusts and Wills

Wednesday, January 15, 2014

Evaluating Your Estate Plan

Check out this article we found:

INDEPENDENCE – Talking about estate planning is difficult and implementing an estate plan can be even harder. Questions often include: Who needs to be involved? What information do I need to gather? When is it the right time to start? Where do I start? How do I decide what to do? The Evaluating Your Estate Plan program can help in the planning process.
The Evaluating Your Estate Plan workshop will be held Wednesday, Jan. 29, at Heartland Acres Events Center, 2600 Swan Lake Boulevard, Independence, with registration starting at 9 a.m. The program runs from 9:30 a.m. to 4 p.m. The program will answer estate planning questions and helps prepare participants to work with their estate planning team.
The presenters for the program include Kelvin Leibold and Melissa O’Rourke, Iowa State University Extension and Outreach farm and business management specialists. O’Rourke is an attorney experienced in agricultural law and estate planning. Leibold joined ISU Extension in 1987 and has vast experience in working with agricultural clients in farm and business planning.

The one-day workshop will cover the language of estate planning, gift, estate and inheritance taxes, calculating retirement costs, and many other areas vital to creating a good estate plan. The workshops help those who are confused about building a plan for transferring farm assets or unsure what options are best for their farm operation and family.

What do you do With Assets Outside of California?

The whole point of estate planning is to have an orderly and seamless transfer of assets and property to their designated beneficiaries when they die.  A well executed will or living trust can ensure this.  The important thing to realize is that having a will might give you some problems if you own properties outside California.  This living trust attorney in Orange County reveals what you should do to protect the assets you own outside the state of California.

Click the link below.


Wednesday, January 8, 2014

Estate Planning in 2014: How to Get It Done

Check out this article I found:

Estate planning is one of the tasks that many people seem never to get done. Yet as the new year gets rolling, now is a great time to address this key element of your financial planning.
In the following video, Dan Caplinger, The Motley Fool's director of investment planning, talks about the essentials of getting estate planning done. Dan points to key documents like your will, durable powers of attorney, and health-care directives as essential first steps toward building an estate plan that will protect you and your family. Dan goes on to discuss how those with children will want to protect them with guardians and trusts, and he concludes with advice on checking your beneficiary designations to ensure all your assets go where you want them to go. Dan concludes that estate planning isn't hard once you actually get started.