Estate Planning Post-Divorce
Many things change after a divorce. You will probably change residences, see your children part-time, and lose possession of at least some of your marital assets. And while you can fight to control these changes, they happen largely out of your control. Instead, a judge often has the last word on your final divorce...
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Life Events that Call for an Update on Your Estate Plan
An estate plan is a set of legal documents that describe an individual’s wishes for what will happen following their death. These documents typically discuss the distribution of their assets, wealth, and personal belongings after they pass away. Creating an estate plan is an important step for everyone, regardless of economic...
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Properly Planning Your Aging Parents’ Care
As your parents get older, you may begin to worry about who will care for them in their final years. You likely have your own responsibilities and can’t afford to be a full-time caregiver. But that doesn’t mean that you want them to suffer as old age makes it increasingly difficult for them to...
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Why You Shouldn’t Put Off Estate Planning Until Your Retirement
Life is full of surprises. Although having conversations about retirement and end-of-life care is difficult, early-stage estate planning can give you and your loved ones some much-needed peace of mind. Situations in life are ever-changing, especially when it comes to family and assets. As such, it's critical to consider the financial and social...
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Estate Planning Tips for Blended Families
Blended families are typical across California, but how do you ensure financial security for your spouse, children, and loved ones in these arrangements? Although blended families bring biological and non-biological members together, California law often provides unique rights and protections for children of different spouses. Therefore, if you have a blended family, you’ll...
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How Do Inheritance Taxes Differ from an Estate Tax?
Inheriting assets is one of the cornerstones of estate planning. When you prepare to leave behind a legacy, you’ll likely want to set aside funds and property for your loved ones. Unfortunately, taxes are often a key concern for the parties involved when it comes to inheritances. Inheritance and estate taxes may sound...
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How to Know If a Trust Is a Good Option in Your Estate Plan
Many people think estate plans are only useful for wealthy families and individuals. This view is deeply mistaken. Developing an estate plan is an important tool for protecting your property and assets in the event of your death. This ensures that your loved ones receive as much of your estate...
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How New Parents Can Benefit from Creating a Will
As a new parent, your child is the most important thing in your life. They are your future, and you can’t wait to watch them grow and thrive. But as much as you want to be with them for every second of their childhood, you need to acknowledge that something might happen...
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What to Include in Your Living Will
A living will is not the same as your last will and testament. Your living will describes your wishes while you are still living but unable to communicate. Specifically, your living will tells your family, doctors, and the courts how to make medical decisions on your behalf. Read on to learn about what...
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Challenges of Serving as an Executor to an Estate
When you are named as an executor of someone’s estate, it indicates an enormous amount of trust and respect. However, serving as an executor presents many potential challenges and difficulties. Those appointed to this position are given certain ethical and legal rights and obligations. In the state of California, executors are...
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