For the past 10 years, I have enjoyed practicing Elder Law and educating my clients... more
For the past 10 years, I have enjoyed practicing Elder Law and educating my clients on the options they have to control and improve their lives. My Elder Law Services include: Protecting Assets and Qualifying for State Paid Private Nursing Home Benefits Preparing Estate Plans (Wills, Trusts; Powers of Attorney) Navigating Probates Through the Court Procedures and Accounting... view profile
Calvin A. Slater has been a lawyer since 1981, with over 30 years of experience with... more
Calvin A. Slater has been a lawyer since 1981, with over 30 years of experience with helping clients, such as entrepreneurs, physicians, business owners and real estate investors. His legal expertise includes real estate matters, tax-deferred exchanges, trusts, estate planning, asset protection, as well as business matters such as formation, planning, and succession. He emphasizes a persona... view profile
Mark Woodsmall is the founder of Woodsmall Law Group, PC a law firm based in the San... more
Mark Woodsmall is the founder of Woodsmall Law Group, PC a law firm based in the San Gabriel Valley area. The firm practices exclusively in the areas of Special Education, Regional Center Matters, Special Needs Trust Planning and Conservatorship. In 2006 Mr. Woodsmall joined the faculty of the... view profile
A trust is an arrangement whereby someone owns and manages money or property for another person's benefit. Like a guardianship, a trustee has decision-making authority over the trust property, but no court is involved in the trustee's action–the person who creates the trust defines the scope of the trustee's power. There are many different trust types, including probate trusts, income trusts, spendthrift trusts, and educational trusts. For example, a living trust allows you to manage your property while you are alive and to direct who will manage it if you become incapable of doing so. In essence, you choose your own “guardian” in advance and avoid having the court do it for you. A trust attorney reviews the many reasons for establishing a trust with you, and can ensure your trust will be legally valid.