Practical And Thoughtful Legal Guidance
If you consider your pets an important part of your family, you likely want to ensure that they are well cared for when you pass away. However, you cannot just leave them assets as you would a person because a pet is not a person and, therefore, cannot inherit. The...
Estate planning allows a testator to instruct how their assets are handled after they pass away. Many people create these plans early in life. Over time, a testator may wish to alter their estate plan. There doesn't need to be an exact reason to update an estate...
Estate planning involves preparing your loved ones for life once you pass away. While the process is often misconstrued as morbid, the opposite is actually true. Estate planning can give both you and your family members much-needed peace of mind. It can allow you to...
A will is a testamentary document that determines what happens with someone's property after they die. Most adults over the age of 18 have the legal authority necessary to draft a will. They can leave clear guidance regarding the legacy they leave after their death...
Your executor's responsibilities will be complicated. That's why it's vital to make their job more manageable before they assume their duties. How can you do this? Here are three tips for helping your executor: Help them understand their role It’s possible that the...
Whether you're single or married in California, if you have assets, it's critical to create an emergency financial file with information about them and keep it updated. Doing so helps ensure they can be accessed if you pass away. Combining this action with the estate...
As California residents age and enter retirement age, their needs for estate planning often change. When you retire from your job, it's an excellent time to establish your estate plan if you don't have one or review it to ensure it meets your current wishes. Consider...
If you've been named an executor of an estate, be aware of the potential pitfalls of your role. While it's an important responsibility, it can also be time-consuming and emotionally taxing. Here are the top five hazards of being an executor and how to avoid them:...
Many entrepreneurs know that setting up their businesses as a limited liability corporation, or LLC, can provide significant tax advantages while also protecting assets. But did you know that structuring your family business in California as an LLC is a valuable...
Many California adults don't have an estate plan. While it's understandable that many people prefer not to think about death, the lack of an estate plan often results in severe stress for family members after someone dies or can no longer make decisions for...