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Moynihan Lyons PC
Riverside, CA
Estate Planning and Elder Law. For Today. For the Future.
Interests: Estate Planning, Elder Law, Probate, Medi-Cal, Aid and Attendance, Seniors
Recent Activity
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The downsizing process often means getting rid of possessions that your family doesn’t want or have room for. However, there are ways around the problem. Elderly people who decide it is time to downsize, often find that their younger relatives do not want or cannot take very much. This is... Continue reading
Posted 5 hours ago at Moynihan Lyons PC
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While the U.S. debates the rights of terminally ill patients to end their life, The Netherlands allows elderly couples to die together. Some states in the U.S. now allow patients to arrange for a doctor to prescribe a lethal dose of medication, which the patient then takes when he or... Continue reading
Posted yesterday at Moynihan Lyons PC
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Your estate is your assets, while your legacy is how you are remembered. It is important to keep the difference between legacy and estate in mind while you making your plans, according to Forbes in "What Is Your Legacy, And How Is It Different from Your Estate?" Your estate is... Continue reading
Posted 2 days ago at Moynihan Lyons PC
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Different kinds of trusts can help with the challenge of rising interest rates. It is likely that at some point in the near future, interest rates will rise leading to potential problems for some estates, according to the Wills, Trusts & Estates Prof Blog in "Wealth Transfer Strategies for a... Continue reading
Posted 3 days ago at Moynihan Lyons PC
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Many elderly retirees with straining budgets are turning to their children for financial help, just as they are reaching retirement age themselves. Some members of the workforce are having to delay retirement, so they can financially help their own parents as the life expectancy continues to rise, according to the... Continue reading
Posted 6 days ago at Moynihan Lyons PC
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Jerry Lewis owned everything in his movies and they are in a trust. Jerry Lewis, who passed away recently, was one of the most famous entertainers in history. However, he may have left behind a relatively small estate and a clue may be an old real estate transaction, according to... Continue reading
Posted 7 days ago at Moynihan Lyons PC
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Life insurance policies pay out immediately upon death and can help the family through difficult times. However, it is important to make sure that you do not mislead the insurance company. If you decide to use life insurance as an estate planning tool, you may be required to fill out... Continue reading
Posted Sep 13, 2017 at Moynihan Lyons PC
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Changing circumstances should spark a fresh look at an estate plan. Britney Spears, who currently has a will that would leave all of her assets to her two minor sons when she passes away, has taken a fresh look at her circumstances and decided she’d like to change the distributions... Continue reading
Posted Sep 12, 2017 at Moynihan Lyons PC
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Some mistakes can be costly and create problems for your family. Should you make mistakes in a do-it-yourself will, the heirs are the ones who will most likely foot the bill to straighten it out, according to Market Watch discusses in "The problems with doing your own estate planning." If... Continue reading
Posted Sep 11, 2017 at Moynihan Lyons PC
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The stretch IRA is a simple way to pass wealth to the next generation. However, it may soon disappear. An IRA is known as a retirement tool but it is also an estate planning tool. This is especially true with a stretch IRA, where the beneficiary of the account can... Continue reading
Posted Sep 8, 2017 at Moynihan Lyons PC
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After years of campaigning by elder law advocates for “right to die” laws, California has passed a law that leaves some doctors in a difficult position. The New York Times recently published one doctor's experience with California’s “Right to Die” or “Dying with Dignity” law in "Should I Help My... Continue reading
Posted Sep 7, 2017 at Moynihan Lyons PC
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The Queen of Denmark deals with a long-simmering issue with “Prince Consort.” A long-standing issue in Denmark has caused the Queen to make adjustments to her burial plans, according to Fox News in "Danish queen's husband refuses to be buried with her." The Queen had planned to be buried in... Continue reading
Posted Sep 6, 2017 at Moynihan Lyons PC
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In the past, physical property were the primary assets tracked for an estate plan. However, the digital age has created some challenges. Unlike in past decades, a lot of important business is conducted online today. However, it does not leave a paper trail. This makes the job of estate executor... Continue reading
Posted Sep 5, 2017 at Moynihan Lyons PC
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Legal formalities are the key to a valid will. However, undue influence can create a major challenge. Undue influence on a testator is difficult to prove but not impossible, according to the Wills, Trusts & Estates Prof Blog in "Corpus Christi Court Upholds Undue Influence Verdict." A will is assumed... Continue reading
Posted Sep 4, 2017 at Moynihan Lyons PC
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The real challenge is finding out who is responsible for the death and will they benefit from the death. Most states have laws preventing someone who has murdered the victim from inheriting assets from the diseased. However, the challenge is determining who is responsible for the death, according to the... Continue reading
Posted Sep 1, 2017 at Moynihan Lyons PC
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An appellate court in Michigan overturns precedent and rules signature is not needed. For centuries, courts have required a will be signed by the testator in order to be valid. However, an appellate court in Michigan recently ruled that a signature isn’t actually all that important, according to the Wills,... Continue reading
Posted Aug 31, 2017 at Moynihan Lyons PC
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The decision on whether you should save someone, can sometimes be very difficult and not wanted. A doctor who saved the life of someone who didn’t want to be saved recently wrote about the experience in the Washington Post in "I saved an old man's life. He didn't want it."... Continue reading
Posted Aug 30, 2017 at Moynihan Lyons PC
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It may be possible that memories still exist but are difficult to call up. A new study on mice may reveal that memories still exist for Alzheimer’s patients but they just cannot recall them for some reason, according to the Washington Post in "Scientists reawaken memory in mice that had... Continue reading
Posted Aug 29, 2017 at Moynihan Lyons PC
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Researchers believe they are closing in on solving problem of damage to tissue from freezing. A group of researchers claims to be close to solving the problem of irreparable damage to frozen living matter, which is part of problem blocking the success of cryogenics, according to The Express in "Want... Continue reading
Posted Aug 28, 2017 at Moynihan Lyons PC
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T he job of executor is likely to go more smoothly, if the focus is on basic duties. The Wills, Trusts & Estates Prof Blog recently noted that organization and focusing on the basics can make the job of executor much easier in "Top 5 Things to Remember if You're... Continue reading
Posted Aug 25, 2017 at Moynihan Lyons PC
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Large donations to museums resulting in a tax break, often draw a watchful eye from regulators. A story was reported recently in The New York Times about a donation to a museum in Canada that has drawn some criticism from the country’s regulators in "Canada Debates Whether Gift of Leibovitz... Continue reading
Posted Aug 24, 2017 at Moynihan Lyons PC
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While proper behavior is the norm at funerals, it is not always the case and a funeral director’s life may become more interesting. Television and movies sometimes portray funerals with a humorous twist. However, real life people at funerals behave with respect and dignity. However, that is not always the... Continue reading
Posted Aug 23, 2017 at Moynihan Lyons PC
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A divorce can throw a lot of problems into the family’s future plans. Marriages are wonderful but it might be wise for parents and grandparents to consider what might happen to the estate plan, if the honeymoon ends way too soon, according to the Wills, Trusts & Estate Prof Blog... Continue reading
Posted Aug 22, 2017 at Moynihan Lyons PC
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As more people follow the trend of remaining in the work force after the traditional retirement age of 65, a period of adjustment is required. The adjustment to employment trends, as well as saving trends, can sometimes create difficulties between employees and employers, according to the Washington Post in "Retirement,... Continue reading
Posted Aug 21, 2017 at Moynihan Lyons PC
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INXS lead singer was reported to be nearly penniless when he died. INXS lead singer Michael Hutchence died in 1997 leaving behind a trust fund that was believed to be unfunded, yet family members now think his daughter will inherit millions when she turns 21, according to the Daily Mail... Continue reading
Posted Aug 18, 2017 at Moynihan Lyons PC