If you have an IRA with Vanguard be aware that it is changing their beneficiary designation policy in September 2008. It could cause unintentional beneficiaries receiving IRA funds on your death if you have different beneficiaries listed on various IRAs.
We Must update all Transmutation Agreements for updated assets and portfolios. If you have signed a Transmutation Agreement, send us a schedule of your current assets. If you have not updated your Trust for DEFRA and have catastrophic illness concerns, we must do so. Give a copy of this Newsletter to friends and neighbors to…
Natural Death (Part II) Previously, we discussed the issue of energy in the termination of life process. In this newsletter, I want to discuss the critical topics of nutrition and hydration. These issues are greatly misunderstood by much of the public based on the fact we aren’t aware of the ramifications of Natural Death. In a 60 Minute…
1) Uniform Durable Powers of Attorney (UDPA) Changes in California Law The following are recent legislative changes under the Uniform Statutory Durable Powers of Attorney (UDPA) for California. The following powers need to now be specifically included in the UDPA: 1) The powers of an agent to create, modify, or revoke a Trust; 2) The…
Beware of unscrupulous annuity salesmen who pose as “Living Trust Consultants” who use the Trust as a hook to sell you annuities or other financial products. Once DEFRA is in place, I anticipate a plethora of notices regarding annuities to shelter assets and that scams will abound in this area once this law is implemented….
According to various sources, 60% of us will require some form of long term care during our lifetime. Another 50% of us will be involved in providing some form of long term care for a family member during their lifetime. Do you or your parents have an established long term care plan? Why should you?…
If you are acting as an agent under a Healthcare Durable Power of Attorney (DPA) or Advanced Health Care Directive (AHCD), you should note the following ALERT. You could be a target as a Defendant in a lawsuit should you fail to notify the DMV of your principal’s inability to properly operate a vehicle due…