When creating your will, you might consider inserting a no-contest clause. It can act as a deterrent to prevent anyone from challenging your wishes. However, a California court will not always uphold a no-contest clause. When does California consider a no-contest...
Month: October 2020
The importance of choosing the right health care proxy
There may come a time due to an accident or illness when you cannot make health care decisions for yourself. As part of your estate planning, you need to appoint someone who can step in and make medical decisions on your behalf. They are known as a health care proxy....
What is a conservatorship, and how can you plan to avoid it?
Thousands of people go missing every year in the United States. While many soon turn up, some never do. If you were to go missing, it could have a negative financial impact on your family, aside from the sense of worry and loss. They might need to seek conservatorship...
Paying tax when you transfer your estate is not inevitable
Benjamin Franklin once said that “nothing is certain except death and taxes.” While death certainly is inevitable, paying taxes on death is not. Avoiding or reducing the tax you pay when transferring your estate is one of the key estate planning goals. You may not own...
Will my children have to pay my medical debt?
Nursing homes are not a worldwide phenomenon. In many cultures, people expect children to care for their elderly parents themselves. Despite the ubiquity of care homes in the United States, you may be surprised to know that some states, including California, have laws...