In this article, you will learn: What an advanced care directive is. How the advanced healthcare directive differs from other end-of-life provisions in California. What other documents besides your advanced healthcare directive you might need. What Is An Advanced Healthcare Directive And What Does An Advanced Care Directive Do? An advanced healthcare directive is when you choose someone to act on your behalf and make healthcare decisions for you, should you become incapacitated. This is primarily used in the event you are hospitalized or in hospice to ensure that the person you trust has the written authority to make important medical decisions on your behalf. How Does An Advanced Healthcare Directive Differ From A Last Will And A Testament And Durable Power Of Attorney? While in some other states, the term ‘living will’ is used as an advance directive to provide guidance regarding medical decisions, in California law, the concepts are clearly distinct. The advanced…Read More
This article covers: The types of trust you might need for your assets in California. The different types of will you should consider during the estate planning process. How different financial assets are handled during the end-of-life legal process. What Are The Most Common Types Of Trusts Used In California And What Are Their Purposes? There are five primary types of trusts commonly used in California law and estate planning: Revocable Living Trust (Common, can be changed) Irrevocable Living Trust (Infrequent, very difficult to change) Charitable Remainder Trusts Pet Trusts Special Needs Trusts Let us cover them each in turn in more detail… What Is A Revocable Living Trust? Revocable Living Trusts are the most common type of trust used in California. Revocable means that you can change it or cancel it at any time so long as you are the Settlor (creator) of the trust. These are the go-to Trusts for the majority of…Read More
Written by: Sara Bailey If you thought waiting until your 40s or later to plan for retirement was a smart idea, think again. The right financial strategy earlier in your life (and career) can position you for a more rewarding retirement in the future. These strategies from Katje Law Group will put you on a smart fiscal path that’s worth every penny. Save and Invest as Much as Possible Fresh out of college, young professionals might find they’re suddenly earning more and spending just as much. A freewheeling phase might be beneficial for your mental health, but getting down to business money-wise is crucial. Though you have a long career ahead of you, starting early is essential for saving and investing in your future. As soon as you’re able, begin contributing to your retirement and set aside cash in savings. Don’t leave your cash in the bank for too long, though; a savings account with enough funds…Read More
Katje Law group discusses the importance of Estate Planning and highlights the Probate process after a loved one’s passing, required as a result of the failure to prepare a Living Trust. Although this process may seem complex, Katje Law Group is here to help! Estate Planning can be daunting and intimidating for beneficiaries. The main benefit is that it protects your loved one’s from the burden of having to make decisions regarding asset distribution, and also allows them to avoid the Probate process. Estate Planning is a process by which an individual or family arranges the transfer of assets to their loved ones after death through prepared wills and trusts. Probate is the formal legal process overseeing the distribution of your assets after your death through an executor or administrator of the estate, which is overseen by the court. Both the estate planning and probate processes are handled professionally and efficiently by Katje Law Group, all while…Read More
Written by: Amos Faulkner If you want to improve your financial health, technology can help. A personal finance app installed on your mobile phone can help you gain control of your finances, streamlining oversight and management. However, not all finance apps are created equal. This guide explains the benefits of a personal finance app and details what to look for in an app. Benefits Of A Personal Finance App A personal finance app can be used to check account balances, monitor your spending, and reduce errors in bookkeeping and accounting. Another advantage of a personal finance app is that you can link it to multiple bank accounts, giving you oversight of your different accounts, such as your checking, savings, or investment accounts. This is also useful if you have a business. A business bank account keeps your personal and professional finances separate. If you’ve established an LLC or corporation business entity, commingling funds will mean you…Read More
Katje Law Group has released pertinent information regarding the laws that govern the real estate industry. As a reputable and compassionate law firm, Katje Law Group stays up to date on the current changes in the legal industry since certain developments can have a major effect on their clients. In recent news, there are some regulations under bill AB 832 COVID-19 Relief: Tenancy: Federal rental assistance that expired on March 31, 2022. One of the terminated statutes included actions you could take to avoid an eviction and highlighted that money had been set aside to help renters who have fallen behind on rent or utility payments. Under this statute, tenants had the option to complete a rental assistance application. Although some statutes are expiring, it is important to note that some notice requirements, rent relief, and collection of rent through small claims courts are valid until 2025. According to AB 832, Chapter 27, section 5, “Existing…Read More
Edited by Joshua Iversen, Certified Financial Planner As difficult as it may be to imagine your life being any different than it is right now, there is a chance that you may not always be able to make legal decisions on your own. That being said, to draw up all the legal documents that specify everything from the kind of care you are willing to undergo during a medical emergency to the individuals you would like to be your heirs, you must still possess the legal capacity to make those decisions. By taking care of all this legal work earlier on in life, you can save yourself and your family a considerable amount of trouble down the road. Don’t Put Off Planning Your Estate Though many of the decisions you will need to make as part of the estate planning process can seem far removed from your present circumstances, each of those decisions will serve as…Read More
Originally written by Lisa J. Gary, Esq. A power of attorney (POA) can be an important element of planning for your elderly parent’s future. It allows another person to take action on your parent’s behalf, ensuring bills get paid and medical decisions can be made in the unfortunate circumstance that your elderly parent is unable to do those things on their own or merely needs help with such tasks. Christina Jeter, Esq., of The Jeter Law Firm, PLLC, advises, “It always makes sense to have a power of attorney in place, regardless of any situation. It is better to be prepared than to have to scramble to think of what an elderly parent would really want.” Arranging a power of attorney for your parent is a good way to open up a discussion with them about their wishes and needs for the future. Jeter continues, “Having those respective POAs in place means that an elderly parent has had…Read More
This Law Firm Takes Case Advocacy And Client Representation To A New Level With Their Customized Plan Of Action Katje Law Group is known for its high standard of excellence in providing smart, sensible, and cost-effective legal solutions for its clients. The attorneys at Katje Law Group are dedicated to providing unparalleled service in Real Estate and Estate Planning matters throughout the counties of Los Angeles, Orange, Riverside, San Bernardino, and San Diego! Katje Law Group specializes in foreclosure law, landlord-tenant, partition of real property, bad faith/property insurance, quiet title actions, commercial property, business formation, and business maintenance. Attorney September Katje has used her litigation and real estate background to negotiate settlements against major lenders alleging lender fraud, predatory lending, unfair and deceptive business practices, Homeowner Bill of Rights, TILA, and RESPA violations, and a host of other causes of action. Through vigorous real estate litigation and negotiating lease disputes, Ms. Katje has been able…Read More
California is familiar with natural disasters. There have been some of the most deadly and destructive wildfires in California history in recent years. Contact the Orange County real estate attorney Katje Law Group to get information on how to protect your finances in the event of a disaster. Climate change and rising sea levels are expected to put millions of homes and commercial properties at risk for flooding by 2100. California is also overdue for a devastating earthquake that could cost billions of dollars in property damage. Real estate attorney Anaheim CA Katje Law Group is the firm to contact if you need information on protecting your most valuable assets. A homeowner needs to be prepared by taking the necessary steps toward protecting their property. Should a disaster cause property damage, you want to be able to replace the things you lost without having to pay hundreds or thousands of dollars out of pocket. Anaheim CA real…Read More
