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When you've worked hard your entire life to save money or acquire valuable items, you'll likely want to eventually pass the items in your estate to your relatives. However, the process of passing down your assets could go wrong if you don't know the proper steps to...
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...
California allows you to set up a charitable remainder trust, or CRT, and include it in your estate plan. A charitable remainder trust pays out income to the beneficiaries during your lifetime and transfers what's left in the trust to the designated charity after you...
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...
Are you reaching the age where you may need to consider long-term elder care? If you live in California, there are several avenues available. The key to success in this area is knowing the type of arrangement that is right for your needs. This is a time in which...
Many California residents believe that using a trust as part of their estate plan is wise. This line of thinking can often allow individuals to take advantage of the many benefits a trust can offer. However, it is important to remember that trust preparation goes...
Deciding to use trusts as part of their estate plans can help numerous California residents more effectively express their management wishes for certain assets. Of course, trust preparation takes a lot of consideration, and one aspect to consider is how much to pay...
The idea of creating an estate plan is sometimes offputting to certain individuals. They may not like the idea of having to think about what should happen to their belongings after their passing or what decisions should be made if they become seriously ill. As a...
A person's estate plan often relies on other people to ensure that the correct steps are taken to administer the remaining assets. Many California residents choose to use trusts as part of their plans, and they need to appoint trustees to handle the trust...
One of the important steps of estate planning is appointing trusted people to important roles. For instance, California residents want to ensure that they choose responsible parties to act as executors and trustees. These parties are in charge of handling probate and...
