Some financial articles insist that a will is not the best way to leave assets to heirs. But why is that? Won’t scribbling something on a napkin work? Wills often lead to long and expensive court proceedings. Countless other more-efficient ways could be used, all of which more effectively pass property to family. Why a […]
Category Archives: Estate Planning
With probate court, the rules and processes differ depending on the deceased’s state of residence. If your loved one lives in California, this is what you should know: What is Probate?
Incorporating Life Changes in Estate Planning The condition of media titan Sumner Redstone has warranted media headlines because of his declining health. At issue are the actions of his formerly estranged daughter, Shari Redstone. She made choices that some say her father would object to if he was mentally acute. Other family members raise legal […]
Ambrose Bierce once observed, “Death is not the end. There remains the litigation over the estate.” Dark as his comment was, it is true. Ideally, when someone dies, estate attorneys process the paperwork and material concerns associated with the estate flawlessly. This allows the family to grieve and remember their loved one in peace. In […]
Asset Protection Strategies Estate planning is not only about detailing your wishes after you’re gone. It also means protecting your assets for as long as possible, so you can enjoy the fruits of your labor. Understand the Attorney’s Role Before diving into asset protection strategies, it’s crucial to understand the scope of assistance you’ll receive […]
Although folks tend to think a single visit to an estate planning attorney should suffice for a lifetime, certain circumstances necessitate follow-up appointments. While not an exhaustive list, the following scenarios exemplify times when you may want to pick up the phone. 4 situations to call your estate planning attorney
With probate court, the rules and processes differ depending on the residency state of the deceased. It’s important to understand the state-specific rules, which is why you need an experienced legal advisor. Skvarna Law Firm operates within California and understands the nuances between the different states. This post discusses probate law specific to probate law.
With wealth accumulated by the rich and famous, most of us would assume that celebrities wisely take steps to protect their estates. Think again. Some of the world’s richest and most influential people have passed away without a will or a trust. Others made serious mistakes that tied up their fortunes for years. For example, […]
Don’t fail your family the way these 4 celebrities failed theirs With haunted houses, horror films and talk of zombies, October is a great month to review a few scary estate stories. Instead of failing to properly plan for your family, learn from these cautionary tales. Make sure your family doesn’t experience the fate of […]
Avoid these 5 mistakes when adding your grandkids to your will As people build wealth, they naturally want to pass financial stability to their offspring. And when it comes to grandchildren, the bond and associated desire to provide is compelling. Nevertheless, that strong bond can morph into a weakness if you fail to exercise caution […]