Archive for 'Estate Planning' Category
Jul 30, 2018

If you are a Californian who doesn’t have an estate plan in place — even a simple will or trust — your assets will be distributed after your death according to the California Probate Code. This law delineates what percentage of a deceased person’s assets various family members are entitled to receive simply by virtue of their […]

Jul 30, 2018

There’s been significant media coverage of the tragic, untimely death of celebrity chef, author and world traveler Anthony Bourdain, who introduced viewers of his television show to people he met and shared meals with across the globe. It’s no wonder that among the considerable assets he left behind were airline frequent flyer miles. It’s not […]

Jul 29, 2018

In many California homes, multiple generations of a family live under one roof. Young adults may move back in with their parents for a time after college until they can afford a place of their own. As people live longer, baby boomers are taking in elderly widowed parents so that they don’t have to live […]

Jul 3, 2018

Did your parents leave unequal amounts to different family members in a will? Or perhaps they cut someone out entirely. They do have a right to do this. It’s their will. It’s their estate. However, these decisions can have long-term ramifications. This one choice could cause a rift between family members that never heals. An […]

Jun 27, 2018

The recent suicides of celebrity chef/travel documentarian Anthony Bourdain and fashion designer Kate Spade stunned the world, in part because they both seemed to have it all. They had something in common besides obviously not being as happy as they outwardly appeared to be. Both were separated from their spouses when they took their lives. […]

Jun 18, 2018

Probate can take a lot of time and cost your estate a great deal of money after you die. For this reason, many California estate planners seek to prevent some of their assets from going through probate before distribution to heirs. One common way to bypass probate involves the creative use of death beneficiaries. Death […]

Jun 14, 2018

It seems as though comedians have taken an increasing large role in calling out issues that Americans need to know about. Whether you agree with a particular person’s political opinions or not, it doesn’t hurt to see if sometimes they might just be alerting you to something you need to hear about. John Oliver does […]

May 22, 2018

Shortly before her death this year, former First Lady Barbara Bush exercised her wishes for how she would spend whatever time she had left. In a public statement, Mrs. Bush, who had been suffering from pulmonary disease and congestive heart failure, said that she would “not…seek additional medical treatment and will focus on comfort care.” Estate […]

Apr 18, 2018

Just like parents who wouldn’t want anyone taking care of their children after they’re gone, you probably have some specific people in mind to take care of your pets in the event of your death. To make sure your animals end up in the right hands after you’re gone, you can incorporate your dogs, cats […]

Apr 18, 2018

If you live in California and don’t have an estate plan — even a simple will — in place when you die, the state will determine how your assets are distributed. This is done based on California’s “intestate succession” laws. These laws determine which relatives will receive your assets and how much of them each […]