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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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It may be time to give some extra consideration to saving, planning and insurance for those later years. The average life expectancy in America has increased from 68 years in 1950 to 79 years in 2013 and that has created a challenge. People now live longer and often need to... Continue reading
Posted 34 minutes ago at Moynihan Lyons PC
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Check through the list of issues others have overlooked in estate planning. Avoid those mistakes. Creating an estate plan is always a good idea. However, it is also a good idea to take a look at some commonly overlooked issues that can derail your plan, according to the National Law... Continue reading
Posted yesterday at Moynihan Lyons PC
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The amount first considered by potential retirees is almost never enough. The amount of savings you will need for your retirement years is most likely a difficult question to answer. It is not as simple as picking a percentage of your salary and aiming for it, according to The Wall... Continue reading
Posted 2 days ago at Moynihan Lyons PC
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The opiate addiction problem has increased in America in recent years and grandparents can find it difficult to help their children and grandchildren. Opioid addiction in the U.S. has highlighted a problem that grandparents face, when they attempt to step in to support their grandchildren. There are some legal actions... Continue reading
Posted 5 days ago at Moynihan Lyons PC
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There are some safeguards you can put in place to protect your loved ones. Two recent stories of financial abuse of the elderly involving wealthy people are highlighted in the news. However, if the truth be told, all families need to be prepared to protect vulnerable family members from elder... Continue reading
Posted 6 days ago at Moynihan Lyons PC
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Despite popularity, the debate has continued for years and years. Social Security began decades ago, as a government program to help alleviate extreme poverty in America’s elderly population and the debate for and against has gone on for more than half a century. Despite all of that, it still seems... Continue reading
Posted 7 days ago at Moynihan Lyons PC
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You may find yourself running into federal and state roadblocks, when it comes to digital assets. Americans generally understand the value of an estate plan in order to distribute assets and support the family. However, one of the newest form of assets can often be overlooked. Those assets are digital,... Continue reading
Posted Nov 6, 2018 at Moynihan Lyons PC
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What are your thoughts on this difficult subject? End-of-life circumstances are not always known in advance, so it is important to prepare for emergency solutions and what life-saving measures are acceptable. Aare family members prepared to make those decisions, or would you prefer to plan for those in advance? All... Continue reading
Posted Nov 5, 2018 at Moynihan Lyons PC
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You want your pets to be comfortable but who will be responsible? Pets can often become members of your family and if you are worried about what will happen to them when you pass away, the problem can be solved through your estate plan, according to U.S. News & World... Continue reading
Posted Nov 2, 2018 at Moynihan Lyons PC
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If you are the surviving spouse, you can most likely get advice and help from Social Security but make sure the information you receive is correct. Receiving the correct information from an employee of the Social Security Administration isn’t always easy, according to “Inaccurate info from Social Security Administration a... Continue reading
Posted Nov 1, 2018 at Moynihan Lyons PC
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When a remarriage takes place late in life, potential problems can arise over an existing home. It’s not always an easy situation when a spouse moves into the home of their spouse when they marry. Would the surviving spouse receive the home when the other dies? Does the home go... Continue reading
Posted Oct 31, 2018 at Moynihan Lyons PC
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An estate planning attorney can advise you on the state laws concerning an estate tax. The recently passed estate tax law does not necessary mean the end of the estate tax and one should certainly not just forget about it, according to Wealth Management, in “Beware the Estate Tax Cliff.”... Continue reading
Posted Oct 30, 2018 at Moynihan Lyons PC
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Your work isn’t done just because you have a will. There are many myths floating around about wills, trusts and estate planning. Those myths can easily confuse people who haven’t taken the time to bust them, before getting on to the real work … taking care of the family, according... Continue reading
Posted Oct 29, 2018 at Moynihan Lyons PC
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When a remarriage takes place late in life, potential problems can arise over an existing home. It’s not always an easy situation when a spouse moves into the home of their spouse when they marry. Would the surviving spouse receive the home when the other dies? Does the home go... Continue reading
Posted Oct 26, 2018 at Moynihan Lyons PC
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There are steps to take but be aware of the trade-offs. The market has a reputation for never remaining in one place for any great length of time and those who are retired or newly-retired need to learn how to deal with it, according to The Wall Street Journal in... Continue reading
Posted Oct 26, 2018 at Moynihan Lyons PC
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The government will be more than happy to distribute your assets. Dying intestate will result in your state of residence deciding where your assets will go. However, it doesn’t have to be like that, because creating an estate plan will leave the decision in your hands, according to KREM.com in... Continue reading
Posted Oct 25, 2018 at Moynihan Lyons PC
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Everyone needs an estate plan. It really is that simple. Even if you don’t have a lot of assets right now, it is a good time to create an estate plan and spare your heirs additional grief, according to the Chicago Sun Times in “Estate Planning: Now’s the time to... Continue reading
Posted Oct 24, 2018 at Moynihan Lyons PC
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Careful planning can often avoid the traps that lead to bankruptcy. Filing for bankruptcy is a very difficult thing. However, the impact is even greater, if it is done in your senior years and should be avoided if possible, according to nwi.com in “Planning key to avoid becoming a bankruptcy... Continue reading
Posted Oct 23, 2018 at Moynihan Lyons PC
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Check carefully before deciding to take early retirement. Since women and men have their peak earning years generally at different ages it is wise for a couple to check out their options and decide what is best for them, when it comes to retirement, according to The Berkshire Eagle in... Continue reading
Posted Oct 22, 2018 at Moynihan Lyons PC
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You can get the money early. However, it can also be painful if you make errors. You can take money out of your retirement savings early. However, you should be careful because it can be costly, according to CNBC in “How to tap your retirement savings without getting hit with... Continue reading
Posted Oct 19, 2018 at Moynihan Lyons PC
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It is wise to work toward not HAVING to go back to work. Looking ahead to retirement isn’t just about putting the money away for retirement funds. You also have to recognize that you are entering a new phase of life and not only have to prepare for it but... Continue reading
Posted Oct 18, 2018 at Moynihan Lyons PC
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A medical emergency or unexpected death arises and are the proper documents prepared? When an emergency or sudden death arises, you can suddenly find yourself in a position of having to make difficult decisions to handle the situation, as well as consider estate planning options, according to The Union in... Continue reading
Posted Oct 17, 2018 at Moynihan Lyons PC
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Want a nest egg when you retire? Start early and save often. By now, we are all pretty much aware that an IRA is a good way to support your retirement efforts. However, it is also important to avoid mistakes along the way, according to Born2Invest in “Retirement planning: 8... Continue reading
Posted Oct 16, 2018 at Moynihan Lyons PC
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Just what is it that make the elderly targets of financial abuse and what can you do about it? Since it is estimated one in 10 senior citizens will experience elder financial abuse, it is a good idea to minimize your chances of being a victim, according to The Kansas... Continue reading
Posted Oct 15, 2018 at Moynihan Lyons PC
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Retirement plans, such as a 401(k), allow you to plan for later years. However, they aren’t free. Retirement options are a wonderful opportunity as one plans for their later years following a long employment history. However, it is best to be wary and not just follow the herd, according to... Continue reading
Posted Oct 12, 2018 at Moynihan Lyons PC