Business & Tech
Planning for You and Your Family with the Hayes Law Firm
The Hayes Law Firm is a reliable, knowledgeable provider of legal services in estate planning and elder law.
The Hayes Law Firm is one of the premier law firms in South Pasadena, CA. It has been in business for over 30 years, offering excellent legal services in the areas of estate planning and elder law. William K. Hayes, the founder of the law firm, is a highly experienced and knowledgeable attorney who has provided guidance on estate planning and has been published and featured in national news sources. He even hosts seminars regularly, giving insights on his vast experience and knowledge of estate planning and elder law principles.
The Hayes Law Firm is also a member of the American Academy of Estate Planning Attorneys and is recognized as an authoritative legal provider by Money Magazine and Suze Orman. This makes it a reliable and trustworthy source for legal services.
The Hayes Law Firm is dedicated to providing top-notch legal services in the areas of probate, trusts, estate planning, and Medi-Cal benefits planning. It is highly knowledgeable with the latest policies and regulations related to elder law and estate planning, providing the most comprehensive legal advice possible. It also offers personalized attention to each client to ensure their individual needs are met and have their best interests taken into consideration.
Whether you’re looking for help with estate planning, Medi-Cal benefits planning, probate, or other legal issues related to elder law, the Hayes Law Firm is a top choice. With experience, trustworthiness, and a commitment to providing personalized services to each client, The Hayes Law Firm stands as one of the best choices for legal services in South Pasadena, CA.
What do you think sets your law firm apart from other law firms in the area?
The way that we continually educate our community about estate planning, Medicaid asset protection and probate. We have created a number of webinars and articles for the public that cover important topics on Estate Planning, Probate, and Elder Law.
Could you tell me more about the webinars and seminars you hold and how they benefit people who want to protect their assets and families against the ravages of long-term care medical expenses?
Our Estate Planning and Medi-Cal webinars and seminars are incredibly beneficial to everyone and there are particular benefits for those of us who may incur long-term care disabilities. Most bankruptcies are due to medical expenses and much of those medical expenses are the result of long-term care health problems which are not covered by your basic health insurance. Health insurance will pay for short-term doctor and hospital visits, but it will not pay for long-term care health expenses. If you do not have long-term care insurance, you must be prepared to pay for such expenses from your own pocket. Long-term care health issues can happen to anyone, but the certainty of having such a problem increases as you grow older. 7 out of 10 people over the age of 65 will incur long-term care health issues. Our presentations are designed to educate seniors about the various legal and financial issues that come with aging. Estate planning seminars help seniors to create a plan for their assets and ensure that their wishes are carried out after their passing. On the other hand, Medi-Cal seminars teach seniors about the different Medi-Cal programs that they may be eligible for and how to apply for them, even though they may not believe that they will qualify. We show them how they can qualify. By attending these events, seniors can learn how to protect their assets, plan for their healthcare needs, and ensure that their loved ones are taken care of. Overall, these webinars and seminars provide valuable information and resources for everyone to make informed decisions about their future.
What services do you offer to help clients maximize their Medi-Cal Benefits?
The rules and laws in this area are constantly changing, so we encourage people to watch our free Medi-Cal webinar and schedule a consultation with our experienced attorney if they still have any questions after watching the webinar.
How can clients ensure their families are taken care of if something were to happen to them?
Clients can ensure that their families are taken care of if something were to happen to them through proper estate planning. One important step is to create a trust that clearly outlines their wishes for how their assets should be distributed after their passing. This ensures that their assets are distributed according to their wishes and not subject to the laws of intestacy. Clients can also appoint a guardian for their minor children to ensure that they are taken care of in the event of their passing. Additionally, clients may want to consider purchasing life insurance to provide financial support for their loved ones after their passing. Estate planning can also include powers of attorney and advanced healthcare directives, which appoint individuals to make important decisions on the client's behalf if they become incapacitated. By engaging in thorough estate planning, clients can have peace of mind that they and their families will be taken care of in the event of their disability and their eventual passing.
What are the most important elements to consider when creating an estate plan?
When creating an estate plan, there are several important elements to consider. These include: A Trust with a supporting Will: A trust is a legal document that outlines how a person's assets should be distributed after their passing. It is important to ensure that these documents are properly drafted and reflect the individual's wishes. Beneficiaries: It is important to review and update beneficiary designations on accounts such as retirement plans, life insurance policies, and investment accounts to ensure they reflect the individual's wishes. Power of Attorney: A power of attorney appoints an individual to make important financial and legal decisions on behalf of the individual if they become incapacitated. It is important to select a trusted and reliable individual for this role. Advanced Healthcare Directives: Advanced healthcare directives outline an individual's wishes for medical treatment if they become unable to make decisions for themselves. It is important to discuss these wishes with loved ones and select a trusted individual to make medical decisions on their behalf. Guardianship: If an individual has minor children, they should appoint a guardian to ensure their children are cared for in the event of their passing. Conservatorship: You want to make sure that you've legally designated the person or persons who will have legal authority regarding your affairs without having the court system take over your life in the event of disability. Once you become a conservatee in the court system, it is very difficult to extract yourself from it. Overall, creating an estate plan involves careful consideration of an individual's wishes and needs. It is important to work with a qualified estate planning attorney to ensure that all legal requirements are met and the plan is properly executed.
This story was written in part with assistance from GPT-3, OpenAI’s large-scale language-generation model. The Patch Local Business partner may have reviewed, edited and revised the language to their own liking and takes ultimate responsibility for the content of this publication.