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,...
Month: October 2022
Why talk to your adult children about estate planning?
A large part of estate planning involves the distribution of assets upon an individual becoming incapacitated. Conversations around this topic can be uncomfortable for the family. While many parents do inform their adult children of their final wishes, many children...
2 traits you need the executor of your will to have
Creating a will means making monumental decisions that will shape your legacy and impact your loved ones for years to come. Without a will, California intestacy laws would dictate what happens to your hard-earned assets. And you may not like this. However, one of the...
Common reasons for will contests
A will is a crucial component of any estate plan. This document instructs the executor how assets should be divided upon your death. The will can also provide instructions on who should look after your minor children in the event of your incapacitation or death. Like...
Do heirs need equal shares of your estate?
Many people get stuck on the idea of an estate having to be equally divided when they’re taking care of their estate planning. While that’s a noble thought, it doesn’t always make sense to divide an estate perfectly equally amongst heirs. Instead of thinking about...