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Estate planning can be a difficult topic for younger California residents, but it’s a necessary conversation to have if you have minor children. An estate plan can ensure your young children are taken care of and provided for should the worst happen. What should...
One of the most important parts of planning your estate is setting up a plan for your children to be taken care of when you pass away. You can set up an account for adult children to use in financial emergencies or create a trust that a family member will oversee on...
When someone passes away in California, they will typically leave behind their home to another person. But that doesn't always happen. If someone who died leaves behind a home without any heirs to claim it, a local probate court is in charge of selling it. Here's a...
Are you getting ready to plan your estate in California? This is a task that should only be entered upon after plenty of careful preparation. Part of this preparation may include getting up to speed on concepts like pooled special needs trusts. What is a pooled...
One essential part of estate planning is to determine how your assets will be distributed when you pass away. Depending on the people you want to assign as beneficiaries or the type of property you want to leave to family members, a life state could be an important...
Are you worried about how your pet will be treated after you have passed? If you live in California, you may be interested to learn about pet trusts. This is a trust that you can form on behalf of your pet. You can set it up in order to ensure that someone will be...
Estate planning has many benefits for families in California, but parents are sometimes reluctant to think about their death or incapacitation. Children can have estate planning conversations with their parents to better understand their wishes. The conversation can...
Becoming a new parent in California is an amazing experience, and you deserve to enjoy every moment of it. However, to provide for your child and take care of them in the best possible way you can, you need to do some careful financial planning. Keep reading to learn...
While a will is an important part of an estate plan in California, a trust can be included too. A trust gives the grantor, or creator, control of their assets. One popular type of trust is a revocable trust, which has many benefits. Revocable trust overview A...
Parents or other relatives of children with special needs in California often worry about what will happen to them when they die. Who will take care of them? How will they be able to afford the necessary care? If you are such a person, you should consider establishing...
