Q. My wife and I have missed a few home mortgage payments this year, and we are behind in our property taxes. I heard there is a program that might help us out. Do you know anything about it? We don’t want to lose our home. A. Yes. In California, the program is called the… Read More »
Monthly Archives: October 2022
Understanding A “Springing” Power of Attorney
Q. I recently heard the term “Springing” Power of Attorney, but I am not sure what that means. Can you shed any light on this? A. Sure. Broadly speaking, there are two general categories of financial Powers of Attorney: (1) those that are immediately effective upon signing by the principal, and (2) those that are… Read More »
Filial Responsibility: Are Children Responsible For Their Parents’ Care?
Q. My wife and I are concerned that our adult children might be held financially responsible for our care in the event we run out of our own resources. Our children are good kids, but they have their own financial responsibilities, including putting their own kids through college. Can you shed any light on this?… Read More »