Protecting the Elderly Today,
for a Better Tomorrow
Nakahara & Wasserman, LLP
3625 Del Amo Blvd., Suite 285
Torrance, CA 9...
Overview
 Incapacity インキャパシティについて
 Conservatorship コンサバトーシップについて
 Probate プロベートについて
 Alternatives 代替手段について
What will your golden years look
like?
Fact Pattern:実際でのパターン例
 Surviving Spouse in his/her 80’s. 生存配偶者
80歳代
 Owns a home free and clear家の所有(支払い済
み)
 Owns few ...
Incapacity: physical or mental
inability to do something or to
manage one‘s affairs 身の回りの事務的なこ
とを行 うことの身体的、精神的な不適合、また行うことが...
Conservatorship コンサバトーシップについて
A court supervised procedure where a
conservator is appointed by a judge to
manage the finan...
Expense of Conservatorship
コンサバトーシップに掛かる費用
The more assets you own, the greater the expenses associated with conservatorsh...
Conservatorship Feesコンサバトーシップ費用に
ついて
 What if I don’t have very little wealth? Does that make
a difference? Who pays?
 (...
Conservatorship Fees
 Question: What if I have absolutely no
money and no one to take care of me?
Who will make my decisi...
What happens if I die during a
Conservatorship コンサバトーシップの期間に死亡した場合
The Conservatorship is over, the
Conservator’s attorney...
Probate
Probate is the court supervised process
in which the court verifies and
determines that the beneficiaries of the
e...
What is the cost of Probate?
Assets worth (最終所有財産) $592,755.00
California Statutory Fees for (カリフォルニア州設定の必要経費)
Attorney an...
What are my alternatives?
代替方法について
Prepare a Revocable Living Trust
because:
変更可能なリビング トラストを作成する。理由として、
It eliminates the...
What are the costs of
administering a trust for the
elderly person with a Trust?トラスト作成
に掛かる費用について
If it is a simple estate...
What is the difference between
preparing a trust and doing
nothing. トラスト作成をした場合としなかった場合に生じる違いにつぃて
In 2013, Carl (85 years ...
Difference
$37,725.00
Cost of Conservatorship
Cost of Trust Administration
during the life of Carl
First Year Conservators...
Difference of $62,955.00
Probate Expenses (after death)
Trust Administration Expenses
(after death)
Nursing home expense 6...
What is estate planning all
about?
Estate planning is about taking care of
your family when you are no longer able
to, and...
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Protecting the elderly today for a better tomorrow conservatorship (japanese)

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  • Protecting the elderly today for a better tomorrow conservatorship (japanese)

    1. 1. Protecting the Elderly Today, for a Better Tomorrow Nakahara & Wasserman, LLP 3625 Del Amo Blvd., Suite 285 Torrance, CA 90503 Telephone (310) 371-880 www.nawalaw.com
    2. 2. Overview  Incapacity インキャパシティについて  Conservatorship コンサバトーシップについて  Probate プロベートについて  Alternatives 代替手段について
    3. 3. What will your golden years look like?
    4. 4. Fact Pattern:実際でのパターン例  Surviving Spouse in his/her 80’s. 生存配偶者 80歳代  Owns a home free and clear家の所有(支払い済 み)  Owns few CDs, annuities, and saving and checking accounts (定期預金、セービング、チェッ キング口座所有)
    5. 5. Incapacity: physical or mental inability to do something or to manage one‘s affairs 身の回りの事務的なこ とを行 うことの身体的、精神的な不適合、また行うことが 無能力である状態
    6. 6. Conservatorship コンサバトーシップについて A court supervised procedure where a conservator is appointed by a judge to manage the financial affairs and/or daily life of another due to physical or mental limitations, or old age. コンサバターとは裁判所の管理、監督のもと裁判官に より任命された者で、身体・精神的な制限がある人間のため、金銭的、また日常生活における様々なことの管理をする。
    7. 7. Expense of Conservatorship コンサバトーシップに掛かる費用 The more assets you own, the greater the expenses associated with conservatorships. Court Fees(裁判所費用): $2,000.00 Probate Investigator’s Fee (プロベート調査費用): $800.00 Misc. Fees(諸経費): $1,000.00 PVP Attorney’s Fees (PVP弁護士費用): $800-$5,000.00 Your Attorney’s Fees(弁護士費用): $5,000 or more Accounting Fees(会計費用) $1,000.00 Probate Referee’s Fees (プロベート審査費用): $5,125.00 Bond (Insurance)(ボンドー保険費用): $2,000.00 Grand total for first year: $17,725.00 所有する財産が大きければ費用も大きくなる
    8. 8. Conservatorship Feesコンサバトーシップ費用に ついて  What if I don’t have very little wealth? Does that make a difference? Who pays?  (財産をあまり所有しない場合はどうなりますか、だれが支払う責任がありますか?)  Conservatorships court costs are the same even if you don’t have much assets. If you need a conservatorship for any reason, it will cost you money.  (コンサバトーシップの裁判所費用は所有財産に左右されません。コンサバトーシップが必要 である場合は、費用が掛かるものと理解してください。)  Examples: Your family needs to cash U.S. Savings Bonds, or access a small savings account, or sell a fractional interest in real estate.
    9. 9. Conservatorship Fees  Question: What if I have absolutely no money and no one to take care of me? Who will make my decisions?  所有財産もなく、ケアしてくれる人もいない場合には誰が変わりに様々な意思決定など を行うのですか。  Answer: the Public Administrator, and the tax dollars of the Los Angeles County pay for you. 答:ロスアンゼルスカウンティーが運営しているパブリック アドミニストレー ターがあります。  This in NOT a good alternative. これは良い方法とはいえ ません。
    10. 10. What happens if I die during a Conservatorship コンサバトーシップの期間に死亡した場合 The Conservatorship is over, the Conservator’s attorney closes out the matter, does a final accounting with the court and then the estate (remainder of your asset) goes to probate. コンサバトーシップが終了した場合には専門弁護士がケースをクローズする為の最終会計 を行います。すべての費用が差し引かれた後の所有財産はプロベートへ移されます。
    11. 11. Probate Probate is the court supervised process in which the court verifies and determines that the beneficiaries of the estate are actually entitled to received the decedent’s assets. プロベートは裁判所が管理、監督の下行われ、所有財産の遺産受取人の受け取りの正当性 を審査し、決定するプロセスのことを示す。
    12. 12. What is the cost of Probate? Assets worth (最終所有財産) $592,755.00 California Statutory Fees for (カリフォルニア州設定の必要経費) Attorney and Administrator/Executor 4% of first $100,000: $4,000.00 (最初の$100,000に対しての4%費 用) 3% of next $100,000: $3,000.00 (次の$100,000に対しての3%費 用) 2% of next $800,000: $ 7,855.00 (次の$800,000に対しての2%費 用) Total Fee for Attorney: $14,855.00Attorney’s Fees: $14,855.00 Administrator’s Fee: $14,855.00 (アドミニストレーター費用(必要手続きを行う))
    13. 13. What are my alternatives? 代替方法について Prepare a Revocable Living Trust because: 変更可能なリビング トラストを作成する。理由として、 It eliminates the need to start a conservatorship. コンサバトーシップをスタートの必要性を省略することができる。 It eliminates the need for probate. プロベートの必要を省略することができる。 You can chose your beneficiary and determine how your wealth is distributed. ご自身の遺産相続人を選ぶことができ、財産をどのように配分するか決めることが可能。
    14. 14. What are the costs of administering a trust for the elderly person with a Trust?トラスト作成 に掛かる費用について If it is a simple estate, then it could be as little as $2000.00 in attorney’s fees and recording fees. シンプルなタイプのものであれば、弁護 士費用、登録費用を含めて$2000,00程度で可能。 If it is a complicated estate, the costs will go up, depending on your assets, how title is held, and what was transferred to your trust during the time you had capacity, and what your trust states. 複雑なタイプである場合、所有財産、また保持形態によって費用は高 くなる。
    15. 15. What is the difference between preparing a trust and doing nothing. トラスト作成をした場合としなかった場合に生じる違いにつぃて In 2013, Carl (85 years old) owns a home worth $500,000, plus stocks, CD, bonds and annuity also worth $500,000. 2013年、カールは85歳で家を所有ひ、その価値は%500,000, またストック、CD, ANNUITYの価値が$500,000 He is incapacitated, and can no longer manage his finances, or take care of himself. Carl lives for another 6 years, until he is 91 years old. 彼は判断能力不可能となり、自分の金銭管理、 また身体管理ができなくなる。カールはその後6年間、91歳まで生存する。 Lives in nursing home that is $5,000.00 per month = $360,000.00 ナーシングホームに入居し、$5000/月 $360,000/6年間
    16. 16. Difference $37,725.00 Cost of Conservatorship Cost of Trust Administration during the life of Carl First Year Conservatorship Expense: $17,725.00 Year 2: $2,000.00 Year 3: $8,000.00 Year 4: $2,000.00 Year 5: $8,000.00 Year 6: $10,000.00 (close estate) Total Conservatorship Expense: $47,245.00 Approximate Attorney’s fees with misc. expenses included: $2,000.00 ~ $5,000.00 Year 2: $1,000.00 Year 3: $1,000.00 Year 4: $1,000.00 Year 5: $1,000.00 Year 6: $1,000.00 Total Trust Administration Expense: $10,000.00
    17. 17. Difference of $62,955.00 Probate Expenses (after death) Trust Administration Expenses (after death) Nursing home expense 6 years $360,000.00 Balance at date of death: $592,755.00 Probate Fees: Attorney’s fees: $14,855.00 Administrator’s fees: $14,855.00 Misc. court fees: $6,000.00 Total Expenses: $35,710.00 Left for beneficiaries: $557,045.00 Nursing home expense 6 years $360,000.00 Balance at date of death: $630,000.00 Trust Administration Fees/Expenses: $2,500.00 ~$10,000.00 Total Expense: $10,000.00 Left for beneficiaries: $620,000.00
    18. 18. What is estate planning all about? Estate planning is about taking care of your family when you are no longer able to, and putting your family in a better position to take care of you when the time comes.

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