Focused And Personalized Attention Concerning Your Estate Planning Needs
When you discover that you are the beneficiary of a trust, you probably have many questions. Generally, people want to know how the document works and whether it contains any special rules beneficiaries must follow. Two other questions we often hear from trust...
Many people assume that they need to include all of their assets in their will in order for those assets to go to their rightful heirs. However, there are some assets that don’t have to be included in a will because they are handled in other ways. It’s imperative that...
If you have elderly parents and you're unsure about whether they’ve drawn up an estate plan, then you may feel like you should talk with them. You might have heard from friends about the downsides of not having a plan in place. If you and your siblings are concerned...
Contrary to popular belief, estate planning isn't just for individuals of endless means. It's instead something that everyone should do -- and that may include funding a trust. Living trusts, and more specifically, revocable ones, have become increasingly popular for...
Selecting an executor is a big part of the estate planning process. You may have seen lists of attributes that your prospective candidate should have. An executor is a fiduciary, or someone who operates on the legal behalf of another, such as a deceased individual and...
If you are like many California residents, you have a safety deposit box to store items you want to keep safe. While that is all well and good for some of your assets, a safety deposit box is not a catch-all for everything of value that you own — or your most vital...
As you proceed with developing your estate plan, you’ll learn all sorts of new terms. While the sheer number of them can be overwhelming, it’s important to understand them so that you can be sure that your plan will do what you intend it to do. Two of the terms you...
Living trusts and wills are estate planning tools that California residents can use to determine how their assets are managed and distributed whilst alive as well as after passing on. While you can choose one tool over the other, or use both, it is important that you...
One-third of American adults do not have any kind of estate plan, despite almost 60% claiming it was important to have one. That is one of the findings of a recent study by Caring.com. Estate planning professionals have long worried about the number of people who are...
Often, when people are developing their estate plan, they will give a family member, friend or someone else they trust the authority to act as their agent to handle their finances and their medical care if there comes a time when they’re unable to do so. This...