A will is basically the cornerstone of any estate plan. Through your will, you can determine how your assets will be distributed when you die. You can also designate a guardian for your minor child. Without one, California intestacy laws would determine what becomes...
Focused And Personalized Attention Concerning Your Estate Planning Needs
Year: 2022
What you should know about advance health care directives
One of the most important documents in your California estate plan is your advance health care directive. Sometimes, people refer to these documents as a living will because in them you provide your wishes for what kind of life-prolonging measures you want doctors to...
2 reasons art can be tricky in an estate plan
If you’re going to be adding pieces of art to your estate plan, it’s important to know that this can get a bit complicated. You need to know exactly how to set up the plan so that your wishes are honored and so that you help your heirs avoid disputes. Whether you have...
What happens if you die without a will in California?
When you die intestate (without leaving a will), the distribution of your estate to loved ones will be guided by state law. It is a situation millions of American families find themselves in, given that most people do not have a will when they pass away. Let’s look at...
Is there any way to avoid probate?
When you leave a will behind, your estate must go through probate. It can be an expensive, time-consuming court process, and your loved ones must wait until the end to gain ownership of their inheritance. In addition, your estate may be exposed to certain adverse...
2 factors to consider before drafting a will
Estate planning is commonly associated with elderly individuals or those who have fallen ill, but it really can benefit anyone. In fact, the earlier you start your estate planning the better. One of the first steps you are going to want to think about is drafting a...
3 signs you need to revise an estate plan
Many people make their estate plans and forget about them. While that may work for some people, most people should consider revising their estate plans. While you could revise your estate plan every year, you might consider making changes after large life events. Here...
Do you have grounds to remove a trustee?
If you decide to add a trust to your estate plan, you need to take time to find the right person to name as your trustee. A trustee has complete control of the trust and the assets it holds. Because of this, you want someone who is financially intelligent, has a basic...
The 2 powers of attorney everybody needs
Sometimes, estate planning is thought of as simply drafting a will that outlines the testator's final wishes. In truth, a will is just one of many estate planning documents. When drafting your estate plan, something you may want to consider is a power of attorney....
Are you thinking of creating a trust?
Creating a trust as part of your estate plan is a great way to ensure that your assets are distributed the way you want after you die. But, with so many different types of trusts available, it can be difficult to decide which one is right for you. In this blog post,...