"Trust fund babies" is a term that easily evokes mental images of young people unburdened by work or other responsibilities and backed by a secure income. The term itself is somewhat disparaging. It paints with a broad brush.
Last week I delivered a presentation at an event hosted by Eskaton Senior Care & Services and the Sacramento Sheriff's Department. This seminar is the second Eskaton event I've spoken at, and I'm proud that I could attend. "Safeguarding Seniors from Financial Exploitation" was held at Arden Fair Mall's food court, and it focused on practical ways that elders and their families can steer clear of scams and protect their future.
The old saying "good things come to those who wait," may be true for many things in life, but when it comes to probate cases, waiting too long can cost you. It turns out that the longer a person waits to file a probate action, the more likely it is that the court will deny the claim. Courts establish strict filing deadlines, and if someone fails to abide by them, judges are usually not sympathetic.
Imagine: Your mother is an 86-year-old widow. Your father passed away ten years ago. You have three siblings - two brothers and a sister. You're all now in your 50s.
"A house divided against itself cannot stand." We read this in Scripture - the Gospels of Matthew, Mark and Luke. We see this in history. It's Abraham Lincoln's warning made on the eve of the Civil War. It's an everyday life truth.
Hello, I'm Mike Hackard. I lead Hackard Law, a law firm that focuses on significant estate, trust and elder financial abuse litigation in California. I'm the author of the new book Alzheimer's, Widowed Stepmothers & Estate Crimes, now available on Amazon.