Millions of Americans have suffered physical, mental, and economic hardship as a result of the COVID-19 pandemic. If you have lost your job and cannot pay your rent, there are legal protections against your eviction. When the Coronavirus spiked in March of last year, the rate of homelessness increased as well. In response to the deepening crisis, California issued an eviction moratorium that was to last through February of 2021. Governor Newsom recently signed a new piece of legislation that extends the moratorium on evictions through the summer of this year. In accordance with the moratorium, California courts will not issue a summons for eviction purely for non-payment of rent if you have a COVID-19 related hardship. If your landlord has threatened you with such a move, then you should immediately contact a LA County real estate attorney. A real estate attorney in LA County will help you protect your rights under the moratorium ban. More importantly,…Read More
What Is The Temporary Eviction Moratorium? The Temporary Eviction Moratorium places a ban on evictions, and commercial tenants are included in this ban. If you are unable to pay your rent due to COVID-19, your landlord may not be able to evict you. The moratorium was effective from March 4, 2020 until June 30, 2021. If you are a commercial tenant, you must notify your landlord within seven days of your due date that you are unable to pay your rent. In the event that you cannot offer your landlord this notice, it may be waived for extenuating circumstances. If you have nine or fewer employees, you can notify your landlord over the phone or in a letter. If you have at least 10 employees but less than 100, you are required to offer your landlord written documentation that you are unable to pay rent due to COVID-related financial hardship. The county encourages tenants to…Read More
What Is A Power Of Attorney? The “power of attorney” is a legal document. It gives another person the ability to act as your representative. For example, a general power of attorney would allow another person to run your business, manage your investments or buy and sell property. This document has an expiration date and ends in the event of your death. What Is A Durable Power Of Attorney? A durable power of attorney is a power of attorney that remains in effect even after you have been declared to be incapacitated. For example, if you are unconscious, the person to whom you granted durable power of attorney will be able to continue acting on your behalf. Can A Durable Power Of Attorney Be Revoked? You are within your rights to revoke a durable power of attorney at any time, but you must be competent to do so. Your attorney can do this by drawing…Read More
The Revocable Trust The revocable trust is a very popular trust because the trustor – the person who made the trust – is free to make changes to it. It can also be discarded whenever you don’t believe that the trust is needed anymore. The Irrevocable Trust The irrevocable trust is also a popular trust, but as the trustor, you will not have any rights to this trust after it has been created. This means that you are “nullifying your rights” to the trust. As long as you live, you will not be able to make any changes or terminate this trust without court intervention. The Irrevocable Life Insurance Trust The irrevocable life insurance trust allows you to take your life insurance policies out of your estate. This makes it possible for the beneficiary to be exempt from taxes that are levied against the life insurance policy. The Testamentary Trust A testamentary trust is another…Read More
In California, your last will and testament allows you to decide what happens to your property after you die. Who among your family, friends, and favorite charitable organizations should get the things you have earned during your life? Without a thorough will, your wishes may not actually be carried out upon your passing. But putting together these complex legal documents and deciding what should be in your will can be stressful. Fortunately, an Anaheim wills and trust attorney from Katje Law Group can help. California Will Requirements Your will can determine what happens to your property and who will be the guardian of your children in the event of your death. Needless to say, what you include in your will is important in California. In order for a will to be valid in California, your will should clearly describe what you want to happen to your property after you die. Here are a few other requirements for…Read More
When someone passes away, families grieve. That’s unavoidable. But probate court, which can put family members through long and expensive legal proceedings, is entirely avoidable in California. Probate court decides who will inherit your assets. It isn’t the only way to decide who gets what assents after your death, however. If you take the proper steps now, you can set up your estate planning Anaheim to provide for your family and spare them the stress of the probate court process. Avoiding Probate In California There are a few ways to allow your surviving family members to avoid probate court in California. Below, we will cover two of the most common methods. Living Trusts Almost any asset you own—from Real Estate, vehicles to financial accounts—can be included in a living trust. This document is similar to a will. It picks a person to oversee the distribution of your assets after your death. Here’s how it works: You name…Read More
What Is The Secure Act? As the rules related to retirement accounts change, there can be both positive and negative impacts felt by those who have savings accounts for after they’ve stopped working. Recently, the Setting Every Community Up for Retirement Enhancement (SECURE) Act was passed and it directly impacts important factors related to who is eligible for a retirement account and how the money can be accessed. This Act, in turn, also impacts the estate planning process and how certain long-term decisions will be made. An Anaheim estate planning attorney will be able to give you an in-depth analysis on this new Act and what it will mean for your specific plans. The Secure Act One of the changes the SECURE Act has created is that business owners can now offer retirement options to more employees, including those who work part-time. They will receive a tax benefit when an employee chooses to sign up for a…Read More
When it comes to estate planning, most people often want to understand the difference between wills and trusts. Understanding the difference between the two will help you know which one is best for your estate planning. Katje Law Group, wills and trust attorneys, are some of the best attorneys that can help you get a clear difference between a will and a trust. What Is A Will? A will is a written document declaring a person’s desires or wishes on what should happen to his or her estate upon death. The will also contains the name of a person charged with the responsibility of executing the wishes (executor). A will can only be executed when the owner has died. A will gives you an opportunity to decide how your assets such as bank accounts and personal property to be disbursed after you are gone. Upon death, your executor is the one to lodge the original…Read More
As you go through life, it is important that you make plans for your well-being in the event that you are not able to communicate certain decisions on your own. This can differ from person to person as it will require a number of factors to be considered. It is a common misconception that this is something that only older adults should think about and plan for. An advance health care directive is a plan that will detail all of your health-related decisions in the event that you are unable to do so. When you wish to create such a plan, you should consult an Anaheim estate planning attorney for assistance. Advance Health Care Directives As stated, this is a plan that would be followed if your health got to such a point that you would not be able to state these wishes on your own, whether it be from deteriorating health or a sudden…Read More
