The probate process in California can be lengthy and complex, involving several legal steps before an estate can be settled. The length of time it takes to complete probate depends on various factors, including the size of the estate, the complexity of the assets, and...
Estate planning requires careful attention when minor children rely on parents for care and financial security. Proper planning protects their future and prevents legal issues. Naming a legal guardian Parents must choose a guardian to raise their child if they pass...
Estate planning often seems like something to handle later in life, but it is essential at every stage of adulthood. Unexpected events can happen at any time, and having a plan in place ensures financial stability and legal protection for loved ones. Here are three...
Marriage changes legal and financial responsibilities, including how you handle assets. If you recently got married, updating your estate plan protects your spouse and clarifies your wishes. Ignoring these updates may create unintended consequences under California...
As of January 1, 2025, several updates to Texas probate laws took effect. Understanding these changes is essential for anyone involved in estate planning or administration in the state. Increased estate and gift tax exemptions In 2025, the federal estate and gift tax...
Planning for business succession ensures your company continues smoothly when you step away. Without a plan, disputes, financial strain, or legal complications may arise. A well-structured strategy protects your business, employees, and legacy. Define your goals and...
An estate administrator manages and settles the affairs of a deceased individual. This role involves overseeing many different functions, according to California’s laws or the terms of the deceased’s will. Managing the probate process The estate administrator files...
Estate planning for blended families takes time and care. These families often have children from earlier marriages or relationships, so it is important to make a plan that meets everyone’s needs and protects loved ones. A good estate plan helps families avoid...
The generation skipping tax (GST) is a federal tax that applies when someone transfers assets directly to a beneficiary who is at least two generations younger, such as a grandchild. This tax aims to prevent wealthy families from avoiding estate taxes by skipping an...
Receiving an inheritance can bring significant financial changes to your life. Along with the potential to improve your financial situation, though, an inheritance also brings the responsibility to ensure that you properly manage and distribute it. One of the most...