When it comes to estate planning, many people focus solely on what happens to their assets after they pass away. However, a crucial aspect often overlooked is incapacity planning. At Skvarna Law Firm, we understand the importance of comprehensive estate plans that address both death and incapacity. In this article, we’ll explore why incapacity planning […]
Category Archives: Estate Planning
Estate planning involves more than asset allocation. It is about preserving your legacy and ensuring your values continue to impact your loved ones long after you’re gone. At Skvarna Law Firm, we understand that a comprehensive estate plan should reflect not only your financial wishes but also your life lessons, experiences, and hopes for future […]
Estate planning is more than just a legal process; it’s a profound expression of love and care for your family’s future. While traditional gifts are fleeting, smart estate planning tools can make a lasting impact on your loved ones’ financial security. Let’s explore how you can protect your wealth and your spouse with effective estate […]
Money and property may be the most discussed types of wealth that a person owns. But the riches of their experience and wisdom can mean even more to loved ones down the line. Reinforcement of family traditions build into your estate plan. In fact, they go alongside your wishes regarding the distribution of your money, […]
Americans love to stay busy, often turning to hobbies to keep engaged and productive. We invest significant time, money, and emotions into our passion projects. Whether you collect classic cars in Glendora or create art in Upland, your hobby deserves consideration in your estate plan. In this post, we discuss special considerations for estate planning […]
Fitness icon Richard Simmons, known for his flamboyant personality, high energy, and trademark attire. He passed away in July 2024 following a fall at his Los Angeles home. A legal dispute lingers between his longtime housekeeper, Teresa Reveles Muro, and his brother, Leonard (Lenny) Simmons. The estate of the Sweatin’ to the Oldies star is […]
Congratulations! You are now legally an adult. Although you may not feel any different, from a legal standpoint, a great deal has changed. When you were a minor (under age 18), your parents were your legal guardians responsible for making all your decisions. Now that you are an adult, their legal authority over you is […]
With a defective deed or a deed discovered before the owner dies, address problems by preparing and recording a corrective deed. Do so in the applicable public land records, depending on your state law. Do this only with the assistance of an attorney. In this way, you will ensure that the correction is actually a correction and causes no additional issues with the deed or property title.
You regularly check the balances of your retirement, bank, and investment accounts. But when did you last check the beneficiary designations on these accounts? And really, all the other accounts that allow you to name a beneficiary?
More than half of millennials say they expect to inherit approximately $350,000 or more from their aging parents. But baby boomers say they plan to leave far less than that to their kids. One survey found that many do not plan to leave behind any money.In another study, just 26 percent of Americans, including 22 percent of baby boomers, said they expect to leave an inheritance