Estate Planning

Facing a terminal illness is devastating. It can be hard to focus on anything other than your condition, but taking proactive estate planning steps can bring peace of mind.  Here are some essential steps to consider after receiving a terminal diagnosis. Review and...

While irrevocable trusts can be powerful estate planning tools, they come with certain drawbacks that should be carefully considered. Understanding the risks can lead to an informed decision about whether an irrevocable trust is right for your situation. If you are...

Have you ever stopped to consider how much of your life is spent online? In 1994, there were about 3,000 websites compared to the 1.1 billion 30 years later.  The internet has revolutionized the way we live, so it should also revolutionize the way we approach estate...

Creating a business succession plan gives you a chance to think about how the next generation is going to carry on your legacy at the company. Not only do you want what’s best for your family members, who may be taking over that company, but you’re also looking out...

For business owners who are looking into estate planning, business succession planning may also be necessary. This creates a plan to pass the company ownership on to the next generation. This may be done when the business owner passes away, but it will often be done...

When making an estate plan, it can be wise to begin with your most expensive assets. These have the potential to cause disputes. The expense alone can be problematic – beneficiaries may want to make sure they get “their cut” – and it can lead to disputes between...

It's vital to name a party to make decisions on your behalf regarding your finances, real estate, tax, and other matters related to finances and property when you are unable to. The California Statutory Power of Attorney (POA) form allows you to appoint this agent....

Estate planning can be overwhelming, from gathering documents to dealing with the emotions associated with it. Nonetheless, you can make your experience more manageable by working with professionals. So, who should be on your team? A financial advisor Most of the...

Although devastating to think about, you may be unable to raise your child to adulthood. You may become incapacitated or die while your kid is still a minor. Nonetheless, you can ensure they are well taken care of in your absence by naming a guardian. Your chosen...

Life is unpredictable, and you may get into a situation that affects your ability to make reasonable decisions regarding your financial and personal matters. You could get into an accident and suffer a traumatic brain injury or develop Alzheimer's due to old age. ...