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Home » Archives for Taryn Holstrom

Protecting Beneficiaries’ Interests: California Trustee Obligations

May 17, 2023Estate Planning, Trusts

It is important to understand what a trustee is and what his or her role is if you are considering setting up a trust or are a beneficiary of one. A trustee is a person or organization that is appointed to manage assets or property on behalf of another person or organization. The trustee is responsible for administering the assets according to the terms of a trust agreement. The role of a trustee can vary depending on the type of trust and the specific responsibilities outlined in the trust … [Read more...] about Protecting Beneficiaries’ Interests: California Trustee Obligations

Who should be your Trustee?

April 12, 2023advance health care directive, Elder Law, Estate Planning, long term care, long term care planning, Nursing Home, Uncategorized, wills and trusts

For individuals who want to ensure their assets are managed and distributed according to their wishes after their passing, appointing a Trustee is a crucial decision to be made. The choice of a Trustee will mostly depend on individual circumstances and preferences; however, a Trustee should be someone who is reliable, responsible, trustworthy, and with a good track record of managing finances and investments. It's also important to consider whether the Trustee shares your values and goals for … [Read more...] about Who should be your Trustee?

Watching Out for Elder Abuse

June 14, 2022advance health care directive, Elder Law, Estate Planning, long term care, long term care planning, Nursing Home, Uncategorized

World Elder Abuse Awareness Day is June 15th Every year, many Americans age 60 and older suffer abuse and neglect.  As part of World Elder Abuse Awareness Day, we join the international community to raise awareness and help end elder abuse here at home and around the world.  The Elder Justice Act of 2009 defines elder abuse as "the knowing infliction of physical or psychological harm or the knowing deprivation of goods or services that are necessary to meet essential needs of an … [Read more...] about Watching Out for Elder Abuse

What It Means To Die Intestate

April 21, 2022Estate Planning, Estate Planning, Trusts, Will, will contest

To put it simply, dying intestate means you don't have a will. Did a close relative die without a Will? While you will encounter some complexities, if you know the rules, you can navigate them.  How will the estate be distributed in the absence of a Will? To start with, many assets aren't passed by Will, such as: State law provides a list of folks who are eligible to fill the role of administrator -- the term used in California for the person in chagre of the estate (An … [Read more...] about What It Means To Die Intestate

6 Steps To Consider for Early Retirement

April 14, 2022estate, Estate Planning, retirement planning

A lot of people dream of early retirement. However, according to findings from the Boston College Center for Retirement Research, the average age of retirement has risen to 65.7 years old for college-educated men, 62.8 years old for college-educated women, and around 62 years old for people whose highest level of education is a high school diploma. FACT: Planning ahead is essential if you want to retire early. Gaining control over your time is really what the early retirement … [Read more...] about 6 Steps To Consider for Early Retirement

Happy Easter, Passover, and Ramadan from the Sandoval Legacy Group family and law firm!

April 13, 2022Uncategorized

Best wishes to the members of three faiths. With this season of Easter, Passover, and Ramadan upon us, Sandoval Legacy Group Family wishes you warm thoughts and blessings as you gather with the ones you love. Easter is Sunday, April 17, for most Christians. However, it’s April 24 on the Eastern Orthodox calendar. Easter celebrates the resurrection of Jesus after his crucifixion. Passover begins Friday, April 15, and ends Saturday, April 23. It celebrates the liberation of Jews from … [Read more...] about Happy Easter, Passover, and Ramadan from the Sandoval Legacy Group family and law firm!

Brain Injury Awareness Month 2022 — #MoreThanMyBrainInjury

March 3, 2022Uncategorized

It’s March, and that means it’s Brain Injury Awareness Month. A national effort to raise awareness of brain injury is led by the Brain Injury Association of America (BIAA) every March and from 2021-2023, has been designated #MoreThanMyBrainInjury in recognition of the over 5.3 million adults and children in the U.S. with a permanent brain injury disability. While strokes, infectious diseases, and brain tumors are among the most common causes of these injuries, these numbers also include … [Read more...] about Brain Injury Awareness Month 2022 — #MoreThanMyBrainInjury

Can You Claim the Credit for Other Dependents?

March 2, 2022education, Estate Planning, Estate Planning, Uncategorized

It should come as no surprise that providing care for adult children, relatives, or parents can result in additional financial strain. To alleviate this stress, the IRS offers a credit for dependents over the child tax credit age of 18. For each dependent who meets these requirements, you may qualify for a $500 credit: You Can Claim This Credit If: This credit can be claimed in addition to the child and dependent care credit and even the earned income credit. You can check … [Read more...] about Can You Claim the Credit for Other Dependents?

A Guide To Finding A Caregiver

February 17, 2022Elder Law, Estate Planning, Incapacity Planning, long term care, long term care planning, Nursing Home, webinar

If you or someone you love cannot make it through a day without assistance, what do you do? This is an emotional and difficult issue that most families have to deal with sooner or later. One option would be to have an adult child move in with the care recipient, or the other way around so that there is always someone available to run errands and provide companionship. But sometimes a move isn't feasible. Alternatively, one can move into a retirement home that offers on-site services, but the … [Read more...] about A Guide To Finding A Caregiver

This Valentine’s Day Give Your Loved Ones The Gift of Peace of Mind.

February 1, 2022Uncategorized

In Honor of Love Month, Enjoy A Valentine's Day & Estate Planning Special Offer. Love month is officially upon us! While Valentine's Day cards, heart-shaped candy, and overpriced stuffed animals are great, wouldn't it be nice to give a gift to our loved ones that will truly help them? Love is always a reason for celebration, especially if it comes from your heart.  Although couples may get all the attention this time of year, they are not the only ones who … [Read more...] about This Valentine’s Day Give Your Loved Ones The Gift of Peace of Mind.

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