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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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Finances should come into consideration for those planning to hit the century mark. Medical science has made tremendous strides in recent decades and people can now expect to live a very long life. However, they will need financial security to pay for the best medical treatment. Half of wealthy investors... Continue reading
Posted 2 days ago at Moynihan Lyons PC
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Getting a grip on the legal steps needed, is difficult during the grieving process. There are many legal issues to be faced with an estate, when a family member passes away. However, there are some steps recommended and the sooner the better, according to Kiplinger in "5 Things to Do... Continue reading
Posted 3 days ago at Moynihan Lyons PC
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If you have a high-level job with considerable responsibility, how do you know when to quit? A doctor who specializes in dementia recently wrote about a possible solution to the problem of when to stop practicing your profession, according to the Washington Post in "Reflections of a dementia specialist: I... Continue reading
Posted 4 days ago at Moynihan Lyons PC
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Many women still leave financial matters to their husbands. However, that can lead to big problems. One person in the couple handling the finances often leads to major problems, either through divorce or death, according to Bloomberg in "Rise of 'Gray Divorce' Forces Financial Reckoning After 50." Most married women... Continue reading
Posted 5 days ago at Moynihan Lyons PC
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Caregivers can give advice, but they should be wary of legal repercussions. Many adult children have become caregivers for their elderly parents and that may include financial support because retirement can be very expensive, according to the San Diego Union Tribune in "Legal essentials for caregivers: Wills & trusts." Caregivers... Continue reading
Posted 6 days ago at Moynihan Lyons PC
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If there are major changes in your life, it is likely that a fresh look at your estate plan is in order. If your life changes significantly, it is wise to take a look at your estate plan. There are simple ways to determine what is significant, according to the... Continue reading
Posted May 11, 2018 at Moynihan Lyons PC
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Spousal lifetime access trusts can be helpful. However, there can be some challenges. There are many different types of trusts that can be created. However, most require some level of tradeoff between estate tax minimization and access to the trust assets. A spousal lifetime access trust (SLAT) can offer the... Continue reading
Posted May 10, 2018 at Moynihan Lyons PC
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The time of day can make a difference to people suffering from dementia. For elderly people with dementia or cognitive impairment, their biological clock can affect them by the time of day, according to Caring.com in "How to Deal With Signs of Sundown Syndrome." Dementia can cause a person's biological... Continue reading
Posted May 9, 2018 at Moynihan Lyons PC
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Even if you are of modest means, an estate planning can be helpful. Many people who are not wealthy do not create an estate plan, because they feel their families will just work it out themselves. However, families cannot just legally divide everything. Creating an estate plan does not have... Continue reading
Posted May 8, 2018 at Moynihan Lyons PC
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Taking care of your pets in an estate plan is no longer unusual. Their personal property is also coming into the picture. Planning for pets has become an important part of many estate plans. However, what is unusual is the special provisions now being included in an estate plan for... Continue reading
Posted May 7, 2018 at Moynihan Lyons PC
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New treatments may become available, if new definition creates increased understand of the disease. Alzheimer's Disease is defined by certain symptoms. However, some scientists would like to change that for research purposes, according to NPR in "Scientists Push Plan To Change How Researchers Define Alzheimer's." Scientist's now know there are... Continue reading
Posted May 3, 2018 at Moynihan Lyons PC
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Many retirees return to the workforce and it isn’t necessarily for the paycheck. While it would appear that retirees are returning to work because they have no choice financially, it actually turns out that most people return to work voluntarily, according to The New York Times in "Many Americans Try... Continue reading
Posted May 2, 2018 at Moynihan Lyons PC
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A great deal of the process in settling a will, depends on your state of residence. Recently deceased actor John Mahoney left a $5 million estate and 38 possible beneficiaries. If you were one of the 38 notified that you could potentially benefit from the will, you would need to... Continue reading
Posted May 1, 2018 at Moynihan Lyons PC
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New York is first state to strengthen advanced directive rights for incapacitated dementia patients. An incapacitated dementia victim can continue living for a long time, if given nourishment and water so New York has approved advanced directives that allow the withholding of food and water, according to NPR in "'Aggressive'... Continue reading
Posted Apr 30, 2018 at Moynihan Lyons PC
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Bank lost estate administration lawsuit but jury’s award may be brought down to millions, not billions. The administration case of the Hopper estate versus JPMorgan that was tried before a Texas jury last year, developed over disputes between the heirs and the bank. A jury in probate court issued an... Continue reading
Posted Apr 30, 2018 at Moynihan Lyons PC
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Just one heir is generally a peaceful settlement. However, the more the merrier is not generally the rule when it comes to estates. The more children or other beneficiaries you have, the bigger the potential for conflict when it comes to settling an estate, according to The New York Times... Continue reading
Posted Apr 27, 2018 at Moynihan Lyons PC
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Valuable collections can present challenges to evaluating an estate. Some of the replicas collected by Americans when traveling in Europe many years ago, can be very valuable today and must be handled carefully in an estate plan, according to Barron's in "Taxing Collectibles: What You Need to Know. One couple... Continue reading
Posted Apr 26, 2018 at Moynihan Lyons PC
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Tech companies often deny families of the deceased access to accounts. Some state legislators have been working to create laws that entitle families of deceased loved ones to gain access to digit accounts, despite refusal from tech companies to cooperate. An important victory in this fight was recently won by... Continue reading
Posted Apr 25, 2018 at Moynihan Lyons PC
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Wills are formal documents that are difficult to change. That is not the case with all trusts. For many purposes, trusts are better and easier legal instruments to work with than wills. However, they can also be a difficult situation, according to the Wills, Trusts & Estates Prof Blog in... Continue reading
Posted Apr 24, 2018 at Moynihan Lyons PC
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The fight is not always worth the battle, when it comes to estates. The wisest course of action in settling an estate may be to end the battle, so everyone can move on with their lives. However, that is not always possible, according to The New York Times in "Are... Continue reading
Posted Apr 23, 2018 at Moynihan Lyons PC
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Anyone can be guilty of a scam, but senior citizens are often considered easy targets. Unscrupulous people try to scam others with criminal intent and they prefer to take the path of least resistance to make their schemes successful. That means that many scammers prefer to target the elderly, whenever... Continue reading
Posted Apr 20, 2018 at Moynihan Lyons PC
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Court lists 38 friends and relatives as potential beneficiaries to actor’s estate. A friend of John Mahoney, who passed away recently, leaving an estate estimated at $5 million, has petitioned a court to open a probate case to settle Mahoney's estate, according to TMZ in "'Frasier' Star John Mahoney Leaves... Continue reading
Posted Apr 19, 2018 at Moynihan Lyons PC
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Harper Lee’s life was private, but her estate is drawing a lot of interest as well as lawsuits. The estate of Harper Lee, who is most famous for her novel To Kill a Mockingbird, has found itself involved in multiple legal disputes. The estate has now filed a lawsuit against... Continue reading
Posted Apr 18, 2018 at Moynihan Lyons PC
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There may be items in your home that have great sentimental value to you. However, they may become an annoyance to your children. While many items in your house are precious to you, it is possible that inheriting such things becomes a burden for the children who have to take... Continue reading
Posted Apr 17, 2018 at Moynihan Lyons PC
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A look at Japan may give U.S. a clue of the results of a shortage of caregivers to assist the elderly. An increasing aging population in the U.S. may result in problems, including not having enough trained caregivers to assist the aging populace, as well as funding the proper care... Continue reading
Posted Apr 16, 2018 at Moynihan Lyons PC