estate planning

Have you made any changes to your estate plan since the last time you drafted it? If it has been more than five years, then it may be time for a revision. It is often recommended that an estate plan be revised every three to five years. However, you may not know what...

Your parents might not have ever told you much about their finances and you might feel like it is rude to ask. That’s just how it is in many families, but if they are getting on in life, you might need to break with convention and have a conversation about their...

Life can be unpredictable. You may not relish dwelling on the possibility of illness or incapacity. However, taking steps to prepare for such situations demonstrates foresight and helps protect your loved ones. One crucial element of this preparation is designating...

If you are a millennial living in California, chances are you haven't given estate planning a thought. A recent survey of 15,000 millennials by Trust & Will indicates that three-fifths of their generation don't have a will and still need to set up trusts to pass...

Royalties, often associated with creative works or mineral rights, play a role in many California estate plans. It is important to understand their implications. This way, you can strategize when you conduct estate planning and maximize inheritances. Incorporating...

California residents will pass a tremendous amount of wealth to their heirs in the next two decades as they direct assets to their children and grandchildren through estate plans. Yet, sometimes, those inheriting significant wealth mismanage it, leaving little to...

The act of choosing a beneficiary lets everyone know who gets certain assets. Naming beneficiaries makes things easier for your family following your death. However, for this to work, there are mistakes you should avoid. Forgetting to choose a beneficiary Choosing a...

California is a state full of people who want to help others from all walks of life. One way that you can accomplish such an important goal is through the power of estate planning. Following a few simple tips lets you create or update your estate plan to focus on...

Estate planning in the state of California is always an arduous process because it brings up strong emotions. No one wants to think about dying. However, if you are responsible, planning for what will happen to your estate after you're gone is an absolute necessity....

When planning your estate in California, it is important to consider all aspects of your assets. This includes assets that you share with others. Shared property, such as a family home or joint bank accounts, can pose unique challenges if you skip them in your estate...