It seems like we were just talking about the passing of pop icon Prince. This music legend left behind millions in assets, some of which were very hard to value, spurring a contentious fight as his estate passed through probate court.Now the estate of another music...
Most Californians think of estate planning as something that is done as they grow older and prepare for the distribution of assets upon their own death. While this is true in many instances, estate planning should actually occur at a much younger age and be modified...
A few weeks ago on the blog we discussed the importance of Medicaid planning when it comes to planning for the potential need for long-term care. Many Californians neglect to address this issue because they simply don't think that they will need long-term care....
When deciding how you want to distribute your assets upon your passing, you can make the process as simple or as complex as you wish. The key is to utilizing whatever tools and processes make your vision of the future come true. For many Californians, this means...
Estate planning is often viewed as the process through which a plan is devised to address property distribution upon one's death. While this certainly makes up a large portion of estate planning, dealing with assets is not the only matter that needs to be addressed....
The purpose of an estate plan is to ensure that property is dispersed in accordance with one's wishes upon death. Most of the time this means that estate property is left to spouses and children, oftentimes with an even split when multiple individuals are involved....
Last week on the blog we discussed the tragic passing of Anthony Bourdain and some of the more particular issues he addressed through his will. It highlights an important concept: estate plans can be custom-tailored to meet an individual's desires. This means that if...
Many people were shocked to hear the news that celebrity travel guru and chef Anthony Bourdain passed away recently. The man, who was open and honest about having to live paycheck-to-paycheck well into his 40s, became famous by exposing the secrets of the kitchen and...
Previously on this blog we discussed the role of a conservator in California and how he or she can play an important role in estate planning matters. As a quick recap, a conservator is an individual who is appointed by the court to care for an individual's daily care...
When most Californians think about estate planning, they think about how money is going to be passed down to their family and friends upon their death. While this is true to a certain extent, estate planning has a much broader reach. For example, estate planning can...