If you are planning to speak to your parents about the need for an estate plan, it is important to try to include any siblings in the discussion to avoid giving the impression that you are trying to influence or control your parents’ choices.
Category Archives: Trusts
20
Sep
Sep
Last week, we began a two-part series about designating beneficiaries for your life insurance policy. Click here to read that post. Here is part 2. Protection against your creditors.
Assets, Estate Attorney, Estate Planning, Life Changes, Trusts, Wills
Avoid Estate Planning Procrastination
23
Aug
Aug
Don’t Procrastinate: Talk with Your Family and Your Estate Planning Attorney Today There’s no perfect time to broach the subject of estate planning with your family. We all know that everyone passes away eventually, but many of us often want to conveniently forget that reality. You face a decision. Take the initiative to start a family […]
Estate Attorney, Estate Planning, Estates, Trusts, Uncategorized, Wills
When to Review Your Estate Plan
09
Aug
Aug
Just like other important life tasks, your estate plan deserves your time and attention. It’s important that you work with us to review your estate plan at least once a year. Think of this as your estate plan’s annual physical exam, and remember—prevention is the best cure. An annual exam isn’t necessarily the only time […]
02
Aug
Aug
You’re not a carbon copy of your neighbor. Likewise, your estate plan shouldn’t be a carbon copy of theirs. A qualified estate planning team tailors trusts to specific needs. Your team works together to produce, tailor, or edit your estate plan. Consider niche trusts.
Assets, California Law, Estate Planning, Probate, Trusts, Wills
Does a Signed Trust Eliminate the Probate Process?
11
Jul
Jul
Planning ahead benefits everyone involved. This applies to vacations and job interviews as much as to end-of-life concerns. Outlining your priorities and anticipating potential challenges makes sense in everything, including your estate. Clearly establishing protection over wealth and assets protects your family if you pass away or become incapacitated. However, simply meeting with an attorney […]
Assets, Estate Attorney, Estate Planning, Guardianship, Inheritance, Probate, Trusts, Uncategorized, Wills
Add Estate Planning to Your Vacation Checklist
28
Jun
Jun
Did you plan your vacation itinerary? Booked plane tickets? Reserved a room? Tossed sunblock and a beach novel into your suitcase? After settling your travel plans, before heading out the door, consider whether your estate plan is up to date. Don’t leave before ensuring the financial health and the future of your loved ones remains […]
Assets, Estate Attorney, Estate Planning, Life Changes, Trusts, Uncategorized, Wills
3 Asset Protection Tips
21
Jun
Jun
People mistakenly believe that asset protection only matters for wealthy families or professionals in high-risk occupations. But this is not the case. Anyone can be sued as a result of a car accident, foreclosure, unpaid medical bills, or tenant injury. A monetary judgment against you could decimate your finances. What Is Asset Protection Planning? Asset […]
California Law, Estate Attorney, Estate Planning, Inheritance, Probate, Trusts, Uncategorized, Wills
Family Estate-Planning Peace
03
Jun
Jun
Most families get together for the holidays, share laughs, and tell stories. Everyone gets along and enjoys each other’s company. Then, the matriarch or patriarch dies. Suddenly, years of pent-up resentment and hurt feelings bubble to the surface. And the once-happy family dynamic crumbles over the decedent’s estate. There goes estate-planning peace!
Assets, Estate Attorney, Estate Planning, Inheritance, Trusts, Uncategorized
What to Bring to An Estate Planning Meeting
24
May
May
Putting together an estate plan? If so, consult with an attorney who is knowledgeable and experienced in this area of law. Your initial estate planning meeting will allow you the chance to discuss your family’s financial situation and cover concerns and goals. Preparing ahead of time for this meeting will smooth the way for you […]