Talking about estate planning with your parents can feel like a daunting task. It’s not just about finances or legal documents; it's about ensuring their wishes are honored and their legacy is preserved. If you’re looking to support your parents in this process,...
When a loved one passes away, dealing with their estate can be overwhelming. One common question that arises is what happens to jointly owned property during probate. In California, some can automatically go to the surviving owner or owners without court intervention....
What if, in later years, you become unable to pay bills, manage investments or access your bank accounts due to an unexpected illness? A power of attorney (POA) can ensure that a trusted individual you appoint will handle these tasks for you. But what exactly can your...
When estate planning, you might wonder about more than just financial assets. Family heirlooms often hold significant sentimental value and can be just as crucial to future generations. But which items should you consider including in your estate plan? Below are...
Many families find themselves bound by outdated trust arrangements that no longer serve their needs. Fortunately, there is a solution called trust decanting, and it is helping California families adapt their trusts to modern realities. What is trust decanting? Trust...
Losing a child is one of the most difficult experiences a person can face. However, for seniors whose journey of parenthood spans decades, this can be particularly heartbreaking. When a child passes away before their parent, this unimaginable loss not only leaves an...
As you plan for the future, you may think only of your high-value assets, such as real estate and investments. However, non-titled personal belongings such as family heirlooms hold significant emotional value and should be given as much thought. These treasured items,...
Many parents aspire to give their children the best start in life, often through education. Still, the costs associated with education, especially college, continue to rise each year. As a parent, how can you ensure this dream persists, even when you are no longer...
As a California business owner, you have invested countless hours and resources into building your enterprise. But have you considered what would happen to your life’s work when you are no longer around? Without a clear estate plan in place, your thriving enterprise...
Contrary to popular belief, having an advance care plan is not only for seniors or people with serious illnesses. Anyone over the age of 18 should consider what would happen if they suddenly could not make decisions about their own health care or finances. Without a...
