Rebecca Sommer
Rebecca Sommer is licensed with the California state bar and has been practicing law since 2015. She has numerous scholastic achievements, including ranking top 10% of her graduating law school class and earning several scholarships for extracurricular activities. Additionally, Rebecca has a Certificate in Financial Planning from Boston University and participated in the tax honors program at Loyola Law School.
She combines her general finance training with specialized legal knowledge to offer practical legal solutions for managing your assets. Work with Rebecca to create legal documents which encapsulate your wishes rather than relying on state systems and rules. You can avoid probate, minimize taxes, ensure those who depend on you are cared for, and proactively empower your trusted relatives or friends to help if the unexpected happens.
- Estate Planning
- Health Care Directives, Trusts, Wills
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Free Consultation
We offer a free 15 minute, no obligation phone consultation. - Credit Cards Accepted
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Rates, Retainers and Additional Information
All services are offered on a flat fee basis. Our comprehensive trust packages range from $2,450 to $5,950 depending on the complexity and the number of trusts needed. Our clients typically spend about $3,150.
- California
- State Bar of California
- ID Number: 305902
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- English: Spoken, Written
- Loyola Law School, Los Angeles
- J.D. (2015)
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- Honors: Order of the Coif; St. Thomas More Law Honor Society; Robinson Family Scholar; Public Interest Scholar; 2014 National Civil Trial Competition, National Champion; 2013 ABA Labor & Employment Tournament, Regional Champion; American Board Of Trial Advocates, Award Recipient
- Activities: Byrne Trial Advocacy, Team Member; Public Interest Foundation, Publicity Chair; Tax Policy Colloquium Participant; Juvenile Justice Clinic Participant
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- State Bar of California # 305902
- Member
- Current
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- Costly Estate Planning Mistakes, Anaheim, CA
- Get In the Real Estate Game, Brea Community Center
- The Real Wealth Collaborative
- Create Build Manage
- BizTV
- https://watch.biztv.com/program-group/588d310570a2e74ec60f589c5f9b9517/program/db504cd9667d5130f59a32c700a35ba2
- Savvy Estate Planning 567, Orange, CA
- Effective Estate Planning, Anaheim, CA
- Q. Can we move property from revocable to irrevocable trust to protect assets from Medicaid in CA?
- A: The short answer is that you don't need to do anything because the house is already protected from clawback.
In California, the house is protected from Medi-Cal recovery by being in a trust. It does not have to be an irrevocable trust, it can be in a revocable trust. This is due to changes in 2017 regarding Medi-Cal estate recovery. SB 833 made it so assets passed through a trust are not considered part of the "estate" for Medi-Cal recovery purposes.
- Q. Guidance on setting up a trust for minor's mineral rights.
- A: Do the mineral rights already belong to the minor or are you (or someone else) the account owner and want to give the rights to the minor?
If the first, then the minor needs a first person special needs trust that they fund. One significant downside of this type of trust is that Medicaid can claim against the funds if the beneficiary passes away and there are funds left in the trust.
If the second, you can set up a third person special needs trust to hold the assets for the benefit of the disabled minor. This type of trust allows whoever sets up the trust to dictate who receives the funds if the beneficiary passes away and there are still assets in the trust (Medicaid cannot claim these ... Read More
- Q. In California a couple owns all assets (cash and home) in joint. Do they need a durable power of attorney?
- A: Yes.
First, chances are there's something you forgot that isn't joint - for example, any 401k or IRA is individual by definition. Or perhaps there are utilities that are only in one person's name. In order to access those in cases of incapacity, a spouse needs the POA.
Second, what if something happens to both of you? If you're in a serious car accident, or you both fall ill, you need a backup. That person should be named as the backup agent.
