Practical And Thoughtful Legal Guidance
Estate planning is an essential process that ensures your assets are protected in California, and it also ensures that they are distributed according to your wishes. Many people assume that estate plans are only necessary for married couples. That’s not the case....
If you are happily married and have substantial wealth in California that could be subject to federal taxes, you may want to consider a QTIP trust for your partner. Here's what it does. Understanding a QTIP trust and how it works From the basics, trusts are legal...
Assets such as a California home that are titled in your name at the time of your death are classified as part of your estate. Any items held in your estate will need to be probated. Probate is a process by which a judge confirms the validity of your will before...
Having a child can add a layer of complexity to your life whether it was planned or not. After you have processed the shock, joy or other emotions associated with becoming a parent, you are strongly encouraged to take a look at your estate plan. If you don't have one,...
Creating a California estate plan is a great way to prepare for your future. However, estate planning is an ongoing process. You might consider reviewing your plan at least once or twice a year. Certain life events will require you to update your estate plan....
The world of trusts in the state of California is a particularly complex one. It often involves dozens of potential considerations and a number of trade-offs. Conflicts over trusts and decisions regarding their implementation can take years. Unit investment trusts...
Planning for your estate in California can be daunting, especially if you’re single. To ensure that you have taken the right steps to ensure that your assets are appropriately handled in the event of death or disability, here are some tips to consider when estate...
Planning your estate in California is the best way to ensure the smooth transition of your assets. You want to ensure that your surviving spouse and children are cared for. You also want to preserve as much of your holdings as possible. There are several methods that...
An attorney-in-fact is usually the person holding your power of attorney documents. People in California can name someone to do specific tasks or let them have the authority to act on your behalf if you become incapacitated. The responsibilities of the...
Many California singles who might not have children also might not consider the value of estate planning. The phrase, "You can't take it with you," is a cavalier phrase that many use to disregard planning for their legacy. Many think they don't need to bother with...