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Welcome to this special edition of the Latest Law News. This newsletter
is brought to you by Philip J Hoskins and is meant to give you the
latest news and information on estate planning and related news for
Californians.
Contents (Click
(or CNTRL/Click) a title for more information)
FOR SENIORS..
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NEW LAWS FOR PET TRUSTS..
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SEMINAR FOR SENIORS IN PALM SPRINGS, MAY 16,
2009.
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MY NEW ESTATE PLAN FORMS AVAILABLE..
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SUMMER DOLDRUM SPECIALS..
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Additional Information.
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As we mature, new a different issues and challenges come to us. Many of
them are confusing and answers to common questions are not always
readily available. An excellent resource for many of these issues is
available and free.
The State Bar of California has issued a revision of its “Seniors and
the Law” pamphlet. The 16 page “Guide for Maturing Californians” is
filled with useful information about a wide range of issues faced by
seniors, such as:
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Social Security issues
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Reverse mortgages
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Financial help
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Renter’s issues
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Health care
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Long term care
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Estate planning
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Debt
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Elder abuse
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… and much more. I
have several copies available. If you want one just send me an
email to let me know where to mail it. Also, copies are
available free from the State Bar at
seniors@calbar.ca.gov
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The California legislature approved new laws that are sure to please pet
custodians.
Formerly, enforcement of gifts on behalf of pets often were left to the
good will of the person to whom the animal and often money were made. It
was not always clear who could challenge the beneficiary of such a gift
or how it could be brought to court if the donor’s intentions were not
being followed.
That has changed dramatically with the new laws which now provide for
enforcement and accountability of such gifts.
Funds given for the care of a pet may now only be used for the pet and
not any human except for the benefit of the animal. The law gives a much
wider range of people the right to enforce the trust and inspect the
animal’s condition. Any “person interested in the welfare of the animal”
can now bring an action to
enforce the terms. That is a very broad category and may include animal
rights organizations.
Pet trusts are not the same as a gift to someone of your animal
companion and some money. With this new law you can create a trust
specifically for a pet in your trust or will.
The new laws are yet untested and are subject of some uncertainty and
controversy. If you would
like more information or are considering a “pet trust” please call me.
If you have already retained me to provide estate plan documents for you
but have yet to complete the information forms, there is good news! I
have changed the forms and improved their usability. The forms will
require you to download the free Adobe Reader version 9, however.
While you can use the older versions of the forms, I much prefer you get
the new ones because they will organize your information in a way that
produces better draft documents.
The new forms are available at
http://www.pjhoskins.com/client%20forms.htm or just send me
an email and I will send them to you.
Now get going!
Summer can be a lazy time of year and it is easy to let things slide.
Good intentions to plan your estate are notoriously easy to ignore, and
summer can be even more so.
So if you need some extra incentive to either get started with your
estate planning or review and revise an existing one, I will give you a
bit of a nudge with an offer of $50 off your
fees if you retain me by June 10, 2009.
Philip J. Hoskins
Attorney at Law
10940 Wilshire Blvd., Suite 1400
Los Angeles, CA 90024
310-209-8080; fax 310-208-8582
www.pjhoskins.com
Nothing contained in this email is intended as advice on any issue
discussed nor is intended or create an attorney-client relationship.
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nature please reply to this email and state “remove” in the subject
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