Liza Horvath

1 week ago | montereyherald.com | Liza Horvath

Question: My dad needs care at home and my sister and I cannot be with him all the time. We hired a caregiver agency and are pretty satisfied. But wow! Are they expensive! One of the caregivers came to me and said she would be happy to work directly for dad as an independent contractor at half the cost. “Jane” is a nice person and is super helpful to dad. If she is an independent contractor, I assume she will pay her own taxes. Why shouldn’t we use her and save a boatload of money?

2 weeks ago | montereyherald.com | Liza Horvath

Question: In last week’s column a reader asked about her husband being able to change their joint trust after she dies and cut out the beneficiaries that she wants to give money to. Essentially, I think you said that yes, it would be possible. So, does this mean that if I die before my husband and he remarries, he can leave everything to his new (presumably younger) wife?

3 weeks ago | montereyherald.com | Liza Horvath

Question: My husband and I are having an argument that I hope you can help us resolve. We have a trust and all our assets have been accumulated through our lives together. It is all community property. If my husband goes first, he is concerned that I will change our trust and his nieces and the charities he likes will not get anything from him.

4 weeks ago | montereyherald.com | Liza Horvath

A purpose trust is created for “something” rather than “someone.” Standard Digital $3 for 1 year Offer valid for non-subscribers only Originally Published: May 31, 2025 at 9:00 AM PDT

1 month ago | montereyherald.com | Liza Horvath

A Notice of Proposed Action is used in trusts anytime you, as trustee, are doing anything “out of the ordinary” or that is not specifically directed in the trust document. It informs beneficiaries of what you are planning to do and gives them an opportunity to agree or object. Standard Digital $3 for 1 year Offer valid for non-subscribers only Originally Published: May 24, 2025 at 9:47 AM PDT