Estate planning is important; even though it is something many try to avoid. Estate planning is the act of preparing for the transfer of a person’s assets after his or her death. A person’s estate may contain pensions, life insurance, real estate, personal belongings, cars, and debts. The importance of reviewing your estate plan Reviewing …. Read More
Everything about California is diverse, from our diversity of topography to our diversity of culture. Families are no exception, as California families come in all types and sizes. The key to successful estate planning in such an environment is to be aware of that diversity and take actions to resolve the legal issues such diversity …. Read More
Administration of a trust or an estate, in California, requires great focus and attention to the California probate code. While many are quick to accept the responsibility of being a trustee or an executor for a loved one, close friend, or business associate, those who do are often unfamiliar with the fiduciary duties involved in …. Read More
What happens to your soul once your body ceases to function is a philosophical question, but your body is either buried or cremated. The end. But what about all your assets? You know – your stuff? Those things go to the living you leave behind and how you prepare for your final moment determines where …. Read More
They always say “It’s better to be safe than sorry,” and it can’t be more true than in the case of your life and estate. Thinking about Estate Planning isn’t just for people living on Boardwalk and Park Place. People in all walks of life have assets that they want to stay in their family …. Read More
Bill and Hillary Clinton have long supported an estate tax to prevent the U.S. from being dominated by inherited wealth. That doesn’t mean they want to pay it. To reduce the tax pinch, the Clintons are using financial planning strategies befitting the top 1 percent of U.S. households in wealth. These moves, common among multimillionaires, …. Read More
A good estate plan considers what will happen to all of your valuable assets. This includes the obvious things like bank accounts, real estate, investments and ownership of a business. But nowadays, many estate planning attorneys are asking their clients what they own on the Internet as well. What happens to your online digital assets matters. A …. Read More
Ideally, every family in Southern California would be close and loving with each other. In this veritable Garden of Eden, creating an estate plan would be easy. Every parent would draw up a will, trust or combination of the two that would name their children as equal beneficiaries of his or her estate. When the time comes, …. Read More
Unfortunately, even the most well thought out estate planning can lead to conflict after you pass away. A family that normally gets along and has strong bonds can fall apart over accusations that one relative has “cheated” another by manipulating the descedant or falsifying the will or trust. Lengthy, expensive litigation can be the result. …. Read More
Handling the transfer of digital property after death is not something that most people think about. Nevertheless, your photos of the family or videos of once-in-a-lifetime experiences can disappear if they are not protected. Fortunately, a new estate-planning device can facilitate the transfer of these electronic assets. Recently, Google released a new system for users of Gmail, …. Read More
