Snowbirds: What You Need to Know About Second Home Rental Property Owning a second home gives you the freedom to escape to a favorite destination for weeks or months at a time. However, when that property sits empty for part of the year, renting it out can seem like an easy way to offset some […]
Author Archives: Skvarna Law
Assets, Estate Planning, Estates, Uncategorized
Dorms, Leases, and Liability: College Estate Planning
28
Aug
Aug
What Parents Should Know Before Their Child Leaves for College The dorm room is selected. The extra-long twin sheets are packed. The laptop is ready, and a car filled with everything a college student could possibly need will soon pull away from home. Amid all the excitement surrounding college move-in day, parents may sign another […]
24
Aug
Aug
Don’t Let Your Loyalty Points Die With You: Invisible Estate Airline miles, hotel points, credit card rewards, gift cards, and travel credits can quietly accumulate for years. A frequent traveler may have enough miles for an international flight, while a credit card account could hold hundreds or even thousands of dollars in unused rewards. Yet […]
14
Aug
Aug
Questions to Ask When Choosing a Fiduciary for Your Estate Plan Choosing beneficiaries represents only one part of estate planning. You also need to decide who will manage your finances, administer your estate or trust, and make important decisions if you cannot act for yourself. Those choices can significantly affect how smoothly your estate plan […]
07
Aug
Aug
Everything You Ever Needed to Know About Wills & Trusts But Were Afraid to Ask Wills & Trusts People who enter a marriage or remarriage with significant assets often know they need legal planning. However, deciding whether they need a will, a trust, a marital agreement, or all three can feel confusing. Although these documents […]
31
Jul
Jul
When Your Children Live in Different States: Estate Planning at a Distance Families today often live hundreds—or even thousands—of miles apart. It is common for parents to remain in California while their adult children build careers and raise families in other parts of the country. While distance may not affect close family relationships, it can […]
Assets, Estate Planning, Inheritance, Life Changes, Trusts, Uncategorized
Can You Put a Mortgaged Home into a Land Trust?
24
Jul
Jul
For many homeowners, their house is much more than a place to live. It often represents years of hard work, financial security, and the legacy they hope to leave their family. As they begin thinking about estate planning, many ask whether there’s a way to protect their privacy while making it easier for loved ones […]
17
Jul
Jul
Don’t Let a New Beginning Create New Legal Problems Getting remarried marks an exciting new chapter in life. Whether you’ve found love again after a divorce or the loss of a spouse, you’re building a future with someone you care about. However, while you’re planning a wedding, combining households, and creating new traditions, it’s easy […]
10
Jul
Jul
Should You Use Your Home as Collateral for Your Child’s Loan? What Every Parent Should Know There are few words a parent finds harder to hear than these: “Mom… Dad… I need your help.” Perhaps your son started a business that hasn’t succeeded as quickly as he hoped. Maybe your daughter has fallen behind after […]
26
Jun
Jun
Seven Questions to Audit Your Family’s Estate Planning Future Think back to your life seven years ago. Your family may have grown, your finances may have changed, and your priorities probably look different than they did then. Perhaps you’ve welcomed grandchildren, changed jobs, purchased property, opened new financial accounts, or even moved to another state. […]