When blues legend B.B. King died last week he left behind a legacy of music that has influenced countless musicians in California and around the world. Unfortunately, he also left behind a brewing fight between his children and his business manager over the management of his assets.
When it comes to end-of-life issues, people in California might start to get a little uneasy. After all, estate planning, health care directives and retirement issues aren't something people think about a lot and the odds are that it's an uncertain area for older people who are thinking about these issues for the first time. Finding an attorney is easy, but finding the right one, a trustworthy attorney with the right combination of experience and knowledge in estate planning matters, is a whole different issue. It's a fast, complex world out there and people may not know where to turn for legal advice they can trust.
Theft under California law is really quite simple. Like most states, it involves intentionally depriving another person of their rightfully owned property permanently, and the penalties are generally assessed based on the severity of the crime. However, there is a more serious kind of theft that often goes unnoticed and unreported in California's elderly population, the crime of financial abuse.
People in California may have heard a lot about elder abuse and tragic stories of people having their life savings wiped out by someone who has taken advantage of them financially. Unfortunately in many of these cases, the damage may already largely have been done by the time the financial fraud or abuse is discovered, but there are remedies, both criminal and civil, for victims of financial abuse and their families.
Planning for the future can sometimes be uncomfortable, especially when it comes to planning for things you don't like to think about. But planning for the possibility of a debilitating or incapacitating injury or illness by having an advance health care directive can save your family a great deal of anguish in the future.
Residents in California know that it's always a good idea to have a power of attorney, or POA, specifically provided in one's estate plan documents. It is crucial for people to have a designated representative appointed in advance, in case a person becomes incapacitated or otherwise unable to make important decisions for which they are responsible.
Seeking proper care for an elderly family member is common. As a person ages, different arrangements are set up to provide a safe and healthy environment for loved ones. Furthermore, certain documents are drafted with their best interest in mind. This can ensure that proper actions are taken in certain events experienced by the elderly loved one.
People in California may have seen a recent article in The Wall Street Journal about how many financial firms are now stepping up their efforts to identify and protect senior citizens against financial abuse, when their clients seem to be losing their mental and cognitive abilities. When clients start to exhibit warning signs of dementia or memory loss, some firms are taking steps to provide extra protections to ensure that these clients do not squander their money or fall prey to financial predators.
People in California know that senior citizens are among the most vulnerable members of society. As their health and mental ability sometimes starts to fade with age, family members and loved ones are faced with the difficult decision of what to do to provide for their care and keep them safe. Unfortunately, while loved ones are planning for their well-being, there are others out there with nasty intentions of exploiting them and taking their hard-earned wealth.
People in California probably have a lot of New Year's resolutions on their mind, as people strive to make 2014 better for themselves and their loved ones. This includes people who have elderly and aging parents and family members who grow more and more susceptible to health issues as the years go by. Many concerned children think a lot about their parents' health, but they may not fully appreciate the need to be concerned about their parents' financial well-being, as well.