Focused And Personalized Attention Concerning Your Estate Planning Needs
We all want what is best for our family; however, in order to accomplish such a task, we need to think about the future and the what-ifs. For some California residents, this process is not always easy, but the reality is that estate planning can accomplish essential...
It's probably safe to say that the majority of people who prepare estate plans in California leave their children equal shares of their estate. But, is this always the best way to do it? Are there times when it is actually fairer to leave unequal shares to the...
As the baby boom generation ages, many people in California are dealing with the issue of elderly relatives who can no longer make decisions on their own behalf. When a loved one becomes incapacitated due to dementia, illness or injury, it is sometimes necessary for...
The revocable trust is a popular estate planning vehicle in California. With a revocable trust an individual can avoid probate, protect the person's privacy, and provide for management of assets both during the person's lifetime and after death. To establish a trust,...
Many people in California depend on Medi-Cal for their health care coverage. When a Medi-Cal recipient dies, the state has the legal right to recover from the recipient's estate the medical expenses made on their behalf. The state cannot seek reimbursement, however,...
In California, the revocable trust is a popular estate planning vehicle, in part because it provides for management of trust assets by a trustee during the settlor's life and after their death. A trust will typically provide that income generated by the trust assets...
This California estate planning blog has discussed trusts in the past. Generally, a trust is a legal device that protects a property right for a person while that property is held by another individual. Though trusts can serve a wide range of intents and purposes,...
Many people in California know they should prepare an estate plan, but they put it off. There are a lot of reasons people postpone estate planning. Some think it will be a lot of work, some believe they are too busy and some avoid it because they don't like to think...
Baseball fans of a certain age will remember Ernie Banks, the former Chicago Cub shortstop and first baseman whom many consider one of the best players of all time. Banks was the first African-American to play for the Cubs and was inducted into the Hall of Fame in...
Virtually all wills include a provision naming the person who will serve as executor of the estate. The executor is the person chosen by the testator to administer the estate, pay estate debts and taxes and distribute the assets according to the instructions in the...