You probably felt honored when a friend or family member asked you to perform estate executor duties after their death. Hopefully, you gave the matter considerable thought before agreeing to take on this critical role. A position as an estate executor comes with many...
Month: May 2022
3 solutions for your California home in your estate plan
For many people living in California, their house is their most valuable property. It has both intense sentimental value and also more financial value than any other assets in their names. If your home represents a significant portion of your personal wealth, then it...
Are there limits to what your will can do?
Having a will as part of your estate plan is the responsible thing to do. With a will, you have ensured your wishes are followed regarding your assets, guardianship of your children and more. It’s worth noting, though, that a will isn’t an estate plan. In fact, it’s...
What you need to know about funding a living trust
A living trust is one of the most useful estate planning tools. Its flexibility ensures that you are in control until the very end, and even then, the terms of the trust will prevail after you are gone. However, you need to get everything right when funding a living...
Tips for dividing the jewelry in your estate
The harsh reality is that your adult children probably don’t want the vast majority of your keepsakes. Maybe they’re minimalists, or maybe they have a house full of their own stuff – or maybe their tastes just drastically differ from yours. However, Mom’s diamond...