Call 408-273-8239 Today
Knowledgeable And Trusted Legal Counsel
Many people in California underestimate the importance of beneficiary designations while planning their estate. Beneficiary designations can allow certain financial assets to pass directly to your heirs, skipping the probate process. A little mistake on your...
Creating a basic California estate plan helps ensure beneficiaries inhering assets do so with relative ease, and there are many other benefits that come with creating such a plan. Many people neglect to make estate plans because they feel as if they do not have enough...
Individuals often set up trusts so that their heirs will not need to go through the probate court to receive their assets. As noted by NerdWallet, by creating a trust, you become its grantor and can transfer your assets into it. If you own real estate, for example,...
Estate planning is an emotional issue. It deals with topics that may be difficult for you to discuss or even think about, such as death and incapacitation. Because estate planning is hard to talk about, there are a lot of misconceptions about it. Basing your decisions...
Studies consistently show that most Americans do not have an estate plan. You may not think you need one because you do not own much property, or you may not like to think about the end of your life. Nevertheless, failure to create an estate plan could cause your...
One of the most important roles you have to fill when creating your estate plan is the executor. According to CNBC, the executor has a lot of control and responsibility. The executor files your will, pays off your debts, distributes your assets and closes your...
California residents preparing to start their estate plans might hear a lot about the best way to avoid probate. One of the most popular ways to avoid probate is an irrevocable life insurance trust. An irrevocable life insurance trust is funded with at least one life...
Picking someone to serve as your power of attorney is an important decision because of all the duties your POA will have to perform. In the event you become incapacitated and have to stay in a hospital or a nursing home, your POA will probably have to take steps to...
The Setting Every Community Up for Retirement Enhancement Act become law on January 1, 2020. No matter what stage of life you belong to, the Secure Act made changes that can help your retirement savings grow. Provisions of the Act can also help you avoid costly fees...
If you already have a start on your will or trust, you are on the right track. One of the biggest decisions you have to make is to assign an executor or trustee. AARP warns that choosing the wrong executor for the job could have serious consequences. Avoid these three...