Thursday, August 30, 2012

Do You Have Aging Loved Ones?


Lynn Dean will be a guest speaker at the Vintage Senior Living educational series: “ANSWERS TO QUESTIONS THAT YOU DIDN’T EVEN KNOW YOU SHOULD ASK” September 19, 2012 at 6:30 p.m. 

The Vintage Senior Living's educational series, held at Sierra Pointe in Roseville, CA, hosts community guest speakers on related topics to aging loved ones each week on Wednesdays in September.  Learn more..

This specific engagement includes the topic Medicare & Social Security: What You Should Know.  Lynn will be speaking on:  Estate Planning & Elder Law: Are you on top of things? Open to the public, seating is limited and reservations are requested by calling (916) 259-8842. 

For more information on Estate Planning & Elder Law, visit our website at www.lyndeanlaw.com



Monday, July 23, 2012

Lynn Dean to Speak at Senior Care Solutions Caregiving Journey Education Series

Legal and Financial Planning - In this rapidly changing world, learn how to safeguard your family's future and navigate the legal maze. Lynn will share information that will ensure you have peace of mind when trying to make difficult decisions.  For more information, click here.

Thursday, July 26 6:00 - 7:30 PM
Co-sponsored and held at:
Oakwood Village
3388 Bell Road
Auburn, CA  95602

Monday, May 7, 2012

Silence May be Golden, But Not When it Comes to your Estate!

It's a topic people tend to put off or ignore, but one of the most important things you can do is to develop a sound estate plan.  Learn more about trusts, wills, insurance polices, powers of attorney, and health care directives at a free seminar this week!

Lynn A. Dean is the expert speaker at the free seminar sponsored by Edward Jones Financial.  Meet Financial Advisors Fred M. Jackson, CFP, AAMS and Rita S. Jackson, CFP., from Roseville, CA. Refreshments will be served.

Event Details:
Sun City Roseville,  
7050 Del Webb Blvd. Roseville, CA 95747 
Solarium room, 
Thursday, May 10, 2012  3:00 - 4:00 p.m. 
RSVP to Natalie or Elaine at 782-7651 or elaine.singh@edwardjones.com

Thursday, May 3, 2012

May Is Elder Law Month


NAELA, the National Academy of Elder Law Attorneys, Inc. established May as Elder Law Month as a way to educate seniors and their families about their legal options in dealing with elder abuse and fraud, long-term and health care planning, Medicaid, Medicare, estate planning, and other important issues

Lynn Dean, proud member of NAELA since 1997, is committed to ongoing outreach to the community with seminars, lectures, presentations and support.  Contact us 916-786-7515 to determine when we are available to present relevant topics at your association, club or forum.  To learn more about types of speaking engagements and where we have been, visit our website 

Monday, April 30, 2012

Lynn A. Dean to Sponsor Placer County SPCA Workshop

http://www.placerspca.org/giving.htm
Placer county SPCA

Thursday, May 10: Workshop: Ensure Lifetime Care for Your Pets
Sponsored by the Law Office of Lynn A. Dean
12:00 - 1:00 pm
Location: Sun City, Roseville
Print an invitation

RESERVATION REQUIRED: 
Please RSVP to Susan Willson, SPCA Development Director: 916.782.7722 or 530.885.7387, ext. 102 
funddevelopment@placerspca.org

Monday, April 23, 2012

Planning For Your Pets


You need not be concerned or worried about who will take care of your pet should something happen to you. With a basic plan, you can take the guesswork and worry out of the equation. Some believe that pet planning has to be complex and expensive. As with anything, a basic plan can be simple or your specific situation may require more complexity. If you already have an estate plan for yourself, pet estate planning basics can be incorporated into your very own estate plan. If you still have not made the decision to create an estate plan for yourself, estate planning basics include:
                  1. Durable Power of Attorney – Finances
2. Advanced Healthcare Directive
3. Last Will & Testament
4. Trust
Pet Provisions in your Will or Trust - The California Probate Code §15212 allows for the creation of a Trust for the care of an animal. Between 12% to 27% of pet owners include their pets in their estate planning documents, including planning for their pet’s final resting place.

Planning Options from Simple to Advanced:

SIMPLE:
  • Ask a trusted friend or family member to care for your pet should you become incapacitated or pass away.
ADVANCED:
  • If you do not have a trusted friend or family member, or if you have pets that require special attention, you may need to execute a Will or Trust.  A simpler approach – Both drafting and administrative costs may be reduced if the owner does not create a trust. An outright gift of the animal coupled with a reasonable sum to care for the animal which is conditioned on the beneficiary taking proper care of the animal is a simpler but less predictable method.
MORE ADVANCED PLANNING NEEDS: include a provision naming the person(s) who will take responsibility for your pet(s) at your death (Caretaker & Trustee); the person that you name as Trustee will be responsible for administering the trust assets for the remainder of your pet’s life.

Learn more by attending the Placer SPCA "Providing for our Furry Family Members." Click here for more details or contact attorney Colleen Watters at 916-786-7515.

Thursday, April 5, 2012

Time to Review your Estate Plan!

If you saw us 5 years ago or longer to create your estate plan, we are reaching out to you! You will receive a  "We've Missed You!" postcard on the anniversary date of your estate plan.

"Life's situations change and often times we forget to update our estate plans.  What made sense 5 years ago may no longer be applicable today" reports Colleen Watters, associate counsel at the Law Office of Lynn Dean.  "We always recommend that you review your documents every 5 years."

With our outreach effort, we hope the postcards will prompt clients to think about their current situation and whether any changes are necessary.  To make it even easier, we are offering a complimentary phone review with attorney Colleen Watters.  She will help you determine if any changes are even necessary!

Thursday, March 29, 2012

Lynn A. Dean to Exhibit Business Showcase

The Law Office of Lynn Dean will be exhibiting at the Sun City Home, Health and Business Showcase at two locations in April:

Stop by and say hello to attorneys Lynn A. Dean who will be there to answer your estate planning questions.




April 2 at Sun City Roseville, Roseville, CA
7050 Del Webb Blvd. - Timber Creek Ballroom
Showcase hours: 9:00 - 12:00

April 17 at Sun City Lincoln Hills, Lincoln, CA
965 Orchard Creek Lane - Orchard Creek Lodge
Showcase hours: 10:00 - 2:00

Monday, January 23, 2012

Attention Realtors and Heirs– The probate process could derail your sale!

The scenario - A client lists a property with you that was owned by a decedent who did not have a trust, but your client fails to tell you that that they have not opened probate on the estate.   You have a buyer for the property, escrow is scheduled to close in 45 days, and then underwriting tells you that the client has no authority to sell the property.

What next?  Generally, it will take at least 4-5 weeks after filing the Petition for Probate with the court before the first hearing will be scheduled.  If all goes as planned (there are often issues that arise that will prolong the process) the personal representative will receive Letters Testamentary at that hearing, which gives them the authority to sell the property.
The next step is to file a Notice of Proposed Action, noticing the court and all beneficiaries with the details of the sale.  A fifteen day notice period is required before the sale can be completed. 
This entire process can take up to 8 weeks to complete, which means your 45 day escrow is blown and the possibility of losing the buyer becomes a very real issue.
You can ask the Court to grant a Special Administration, issue letters with limited authority to the petitioner, allowing the sale to proceed.  Generally, a Special Administration is requested for urgent matters.  In this instance, you can claim preservation of the estate as the reason for the court to grant the Special Administration. The court could rule that the failure to open a probate before listing the property does not rise to the required level of “urgency’ for a Special Administration. 
When listing a house belonging to a deceased person, always determine if the house is titled to a trust or if a probate must be opened before the house can be sold.   You will save yourself and your client from experiencing the delay of probate at a time when you cannot afford such a delay; not to mention the added expense of filing a Special Administration petition in addition to the standard Probate petition. Better yet, recommend anyone purchasing a home create a trust which, if drafted correctly, will allow for avoidance of the probate process all together.