Your legacy includes non-financial assets such as personal values, beliefs and skills developed during your lifetime. If you wish for your estate to continue carrying out your mission, you may include philanthropy in your will or trust. As noted by Kiplinger's...
Reviewing your estate plan may feel like an enormous task. Unfortunately, many people put it off for this exact reason. But there are ways you can make the review process easier on you while simultaneously checking everything essential. You can do this by...
Millions of Americans have no will or final testament. Some Americans believe that estate planning is something they can put off until they are closer to retirement. Some Americans with smaller estates believe that estate planning is something only wealthy people need...
Not all assets in a California estate are tangible. When considering how you will pass on your assets to your survivors, you should also consider the value of your intellectual property. All items in this category are non-tangible assets that can increase the value of...
One of the primary components of your estate plan in California is your will. This formal legal document addresses your final wishes regarding your monetary assets and personal belongings. There are a number of strategies you may use when organizing your will and...
Naming beneficiaries is an important part of your estate planning in California. Most commonly, beneficiary designations are used with retirement accounts and life insurance policies. Assets with beneficiary designations If you have a retirement account, you were...
California residents who are thinking about estate planning will likely be instructed to create an advance directive. There are two main types that include the medical power of attorney and the living will. Understanding how to write one of these directives can help...
Estate plans are made up of numerous documents, each of which plays an important role in ensuring that all your wishes will be carried out upon your death. Leaving out a particular document doesn’t nullify the legally binding nature of your other documents, but it...
Estate planning involves more than writing a will and other necessary documents. The planning frequently entails looking at the larger picture, including tax implications. California residents may now need to review the rules regarding property inheritance. The recent...
Estate planning and trust planning are essentially creating a road map for your family's future. Take a brief look at estate planning in California and how to use trusts to ensure that your spouse and other loved ones are properly taken care of. Estate planning Estate...
