Category Archives: Trusts

Life Estate Versus Right of Occupancy Trust

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Planning for the future complicates life. This is especially true if you want to make sure that a loved one continues living comfortably after you die. Two common tools for accomplishing this are life estates and right of occupancy trusts. A life estate grants someone the legal right to live in a home for the rest of their […]

AB Trusts—A Powerful Estate Planning Strategy for Married Couples

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Estate Planning Fundamentals: Why AB Trusts Matter Estate planning represents one of the most important steps you can take to protect your family’s future. While many people understand the basics of wills and simple trusts, specialized tools like AB Trusts often remain misunderstood despite their significant benefits. For married couples concerned about preserving assets for […]

Asset Protection Strategies

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Are you looking to secure your family’s future and protect your hard-earned assets? Skvarna Law Firm stands as your trusted partner in estate planning, offering expert asset protection. With offices strategically located in Glendora and Upland, we bring a wealth of experience and local knowledge to help you navigate the complexities of estate planning in […]

Incapacity Planning

About Skvarna Law Firm in Glendora and Upland, California

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 […]

SLATs: Spousal Lifetime Asset Trusts

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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 Isn’t Everything in Estate Planning

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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, […]

Estate Planning for Collectors & Hobbyists

Estate Planning for Hobbyists and Collectors

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 […]

Richard Simmons: Celebrity Estates

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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 […]

DIY Probate: Don’t Do It!

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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.

Divorce & Celebrity Estates: Shannen Doherty  

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According to a stipulated agreement with Iswarienko, Doherty’s estate was able to retain the couple’s home in Malibu, California; a Salvador Dali painting; several cars; and all earnings from her acting. In addition, as part of the divorce proceedings, she had filed an income and expense declaration stating that she had $251,000 in the bank; another $1,880,000 in stocks and bonds; and insurance money from a lawsuit over damage done to her California home. She also stated that she had real property worth $3 million and $134,000 in a pension fund.