As we enter a new decade, we gather to set our goals for the year and reflect on the progress made in the last 12 months. Just as it is time for a little spring cleaning, it might also be the perfect time of the year to revisit a crucial element of your family’s financial
read more
When it comes to real estate and estate planning, there are many different options available to you. In real estate, you could find land for a mobile home or rent a space. You could buy a home, or take out a loan for one. As well as using your home to finance other endeavors. You
read more
If you have been chosen as a trustee to one’s living trust, then understanding your responsibilities is crucial. The position of trustee places a considerable amount of work on your shoulders. It will be largely upon you to fulfill a trust’s purpose, over a indeterminate amount of time. In many ways, it’s an absolute honor
read more
The biggest estate planning mistake people make is to begin worrying estate planning concerns too late. It is never too soon to plan your finances, especially because people do not know the future. While financial planning is the key to maintaining wealth, not preparing in the matters of your own estate could mean that everything
read more
A movement is growing to legalize electronic wills and trusts, which would allow people to complete the whole process online, without a lawyer or notary present. We live in a day and age where 81 percent of Americans possess a smartphone, and virtually everyone – 96 percent, as of 2016 – owns a cellphone
read more
It’s understandably difficult to discuss your end of life wishes with your loved ones. Most of us usually do not earnestly talk about our passing, unless maybe to informally declare our funeral wishes. While most Americans are aware that it’s important to be prepared for one’s passing, both financially and in terms of healthcare, most
read more
Estate planning is far more complex than it might seem at a glance. While any attorney or lawyer can help you draft up and implement a simple will or help you get through the paperwork needed to assign a beneficiary to your 401(k), anything more complex might require the services of an estate planning professional.
read more
Unless an individual dies with a living trust or meets other specific criteria, their estate must go through probate after they pass away. The California probate process ensures that all of the estate’s debts are paid and that the assets are distributed to the proper beneficiaries and heirs. From start to finish, this process typically
read more
Selling properties in probate is a time-consuming process, but it’s an important task that helps families move on and prepare for the next stage of life. However, property in probate is prone to disputes, particularly if there’s an unclear will or multiple beneficiaries who want to lay claim to the house. A quiet title can
read more
Planning your estate is perhaps one of the most important things you can do for your family. Everything you’ve worked for throughout your life can continue to provide for your loved ones after you pass, but only if you handle your estate accordingly. While it’s tempting to cut costs with DIY estate planning forms, there
read more