Your will is one part of your estate plan. Many people will have a will in place, but they’ll also have at least one trust set up. While a will is fairly simple to get set up, it’s also an estate planning component that might be called into question after you pass...
California recognizes three main types of wills. While some may appear quicker, simpler or cheaper than others, they may not exactly accomplish your goals, protect your interests or protect your estate. Will contests can delay your estate’s distribution, waste your...
Tying the knot will change your life in a number of ways, including your estate plan. Now that you have a new spouse, there are changes you can make to ensure that both of you are protected in the future.Here are a few points of consideration: Name your spouse as your...
Attorneys who aid clients in preparing their wills are required to assess that individual's testamentary capacity to execute such a document. The reason why lawyers are required to do this is because the decisions that you include here carry a lot of weight. If you're...
There is no legal requirement to create a durable financial power of attorney but with so many benefits, it's something to strongly consider.Through a durable financial power of attorney, you give another individual, known as a financial agent, the power to manage...
When creating a will, it's natural to think about what will happen upon your death. After all, that's a big part of estate planning.This could lead you to consider the idea that a will contest could come into play. Since you don't want this to happen, here are some...
When creating a will, you can't finalize the process until you've selected an executor. While you could make just any decision and hope it works out, this is a big risk that could put your estate at risk and your loved ones in an awkward position after your...
Determining how to leave one's assets after death can be difficult. There may be a number of emotions that come into play pertaining to one's own mortality and relationships with loved ones. As a result, some may find it difficult to find the best path forward....
It seems like nearly every aspect of our lives is becoming digitized. Estate planning may be no different. In fact, some states are even making it legal to create electronic wills. Although it may sound like this process is convenient, it can actually present...
Have you been putting off estate planning? If so, you're not alone. Many Californians struggle to get around to dealing with estate planning.Although many of these individuals view the process almost like a chore, the fact of the matter is that estate planning is...
