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 […]
Category Archives: Assets
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 […]
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 […]
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. […]
05
Jun
Jun
How You Are Protected While Administering an Estate: Know Your Executor Rights Serving as the executor of someone’s estate represents a significant responsibility. When someone chooses you for this role, they trust you to carry out their final wishes, manage important details, and help guide their estate through the legal process. However, many executors quickly […]
Assets, Estate Planning, Joint Trusts
What are Pot Trusts? (Here’s a hint: drugs and house plants are not involved!)
22
May
May
Pot Trusts Explained Estate planning rarely follows a one-size-fits-all approach. Every family has different financial goals, family dynamics, concerns, and priorities. Some parents want equal distributions among children. Others recognize that life circumstances rarely remain perfectly equal over time. A pot trust offers one possible solution for families seeking flexibility rather than rigid distribution structures. […]
08
May
May
Which Homeowner Estate Planning Steps Should I Take? Buying a home marks a major life milestone. Whether you purchased your first home, upgraded for a growing family, or downsized into something that better fits your current lifestyle, homeownership changes your financial picture in important ways. A home often becomes one of your largest assets, which […]
01
May
May
With Graduation Season and the Next Chapter, Here is How to Plan for Your Family’s Education Across Glendora, Upland, and throughout Southern California, graduation season marks a major milestone. Caps and gowns, ceremonies, and celebrations all point toward what comes next—college, trade school, or other postsecondary paths. While families focus on applications, housing, and tuition payments, one critical […]