Having an estate plan is wise for those who want to ensure that their wishes for the dispensation of their assets are carried out after their death. With an estate plan, you can also designate who will make decisions regarding legal, financial and health matters for you if you are unable to do these things for yourself. […]

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You want to leave your adult children an inheritance or perhaps give them a large chunk of money while you’re still alive. However, you don’t want to risk having half or more of that money go to their spouses should they end up divorcing. It happens all too often. People lose significant parts of their […]

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You’re the trustee of a trust for a beneficiary who owes money to creditors. Can you be required to use assets in that trust to pay that beneficiary’s debt? Under California law, you may be able to avoid having to do that. However, it depends in part on how the trust was established. A trustor […]

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Developing an estate plan is essential to making sure that your wishes are carried out after your death regarding inheritances and donations to charity. It’s also important for detailing your wishes should you become too incapacitated to speak for yourself. However, most people have life changes after their estate plan is drafted that require some […]

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Most of us have heard stories of young people who were left a considerable amount of money by their parents, and therefore never felt the drive to succeed on their own merits. Too often, it doesn’t end well for them. That’s why many people who have a considerable estate choose to leave it to other beneficiaries, […]

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When many Californians create their estate plan, their attorney will recommend setting up a revocable living trust. There are a number of advantages to having this document, both for you, while you’re still alive and well, and for your heirs and beneficiaries after you’re gone. First, it’s important to understand what a trust is. It […]

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After fans in California mourn the deaths of their favorite or most idolized celebrities, they often begin discussing the fate of those celebrities’ estates. Unfortunately, most discussions concerning celebrity estate plans circle around the estates’ deficiencies and, in some cases, squabbling families left in the throngs of probate. At first glance, it does not appear that […]

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There are many things to think about when designing an estate plan. Much of the focus in estate planning will be on making sure intended beneficiaries are taken care of in California. This may involve creating a trust for one’s heirs. However, many times people will forget about their pets and do not realize that […]

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When couples marry, they are usually not concerned with financial matters at first. On the other hand, with their change from single to married status comes some potential tax advantages in California. However, tax advantages do not only apply while the married couple is alive, it also helps as far as administering an estate to […]

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When it comes to planning an estate, people have a multitude of options and strategies and various legal documents and instruments available in order to achieve their estate planning goals. With so many options available, it can be confusing to many people in California on how best to proceed. For instance many people may be confused […]

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