Naming your partner as the pay-on-death (POD) or transfer-on-death (TOD) beneficiary often leads to pitfalls. Some of these occur when you name them on beneficiary designation forms. The POD or TOD option allows you to maintain control of the account during your lifetime.
Category Archives: Estate Attorney
California Law, Estate Attorney, Estate Planning, Heirs, Inheritance, Trusts
Inheritance: Don’t Give it to Creditors
26
Mar
Mar
An SRT is a special type of trust. It designates the intended beneficiary of your retirement accounts after you die.
19
Feb
Feb
While many assume that a will or trust signed in an attorney’s office is valid, such is not always the case. Attorneys who do not specialize in estate planning may be unfamiliar with the formalities required to make a will or trust legally valid in their state.
12
Feb
Feb
Imagine spending thousands of dollars on an estate plan to protect loved ones, to find that no true protection exists. Unfortunately, this occurs on a regular basis. In fact, millions fall prey to estate planning scams each year. According to a report conducted by the U.S. Consumer Financial Protection Bureau of people ages 50 and over, victims […]
08
Jan
Jan
Name someone to serve with you. This familiarizes your co-trustee with your trust. It also teaches your partner about the way you want the trust to operate. What’s more, it lets you evaluate your co-trustee’s abilities.
18
Dec
Dec
Part 1 of a 2-Part Series Low-interest rates led to record-breaking mortgage refinancing across the country. Millions of homeowners are scrambling to refinance their home loans before the end of the year. After all; even a few tenths of a percentage point of interest, paid monthly for 30 years, significantly reduces the amount of interest […]
12
Dec
Dec
Everyone eventually dies. To help you make things easier for your loved ones, please call our office to schedule a consultation with one of our experienced attorneys.
05
Dec
Dec
Chadwick Boseman died at the age of 43, after a four-year battle with colon cancer. Boseman kept his cancer diagnosis a secret for four years, working on projects such as the Black Panther in the Marvel Comics Avengerfilm franchise.
21
Nov
Nov
A financial advisor helps consumers think through long-term financial goals. For example, they may successfully eliminate debt, establish emergency funds, or set up a retirement account.
13
Nov
Nov
Exercise offers myriad health benefits. It helps prevent and/or manage health conditions such. These include diabetes, high blood pressure, arthritis, stroke, many types of cancer, and obesity.