The probate process can prove challenging, especially in terms of lengthy time commitments and court-related expenses. Furthermore, probate disputes sometimes surface, fracturing family relationships. Those who wish to avoid probate should carefully review their...
If you own a home, you are undoubtedly holding onto considerable wealth. In fact, according to Redfin, the average home price in the Monrovia area is well over $1 million. Because of the competitive housing market, your home also is likely to increase in value in the...
Will writing is something many individuals put off seemingly forever. Indeed, according to reporting from CNBC, almost 70% of Americans have no estate plan at all. If you have already finalized one, though, you must be sure you regularly review and update the...
Running a business takes a lot of time, money and dedication. Owners should protect their investments with estate plans to ensure the companies continue operating if they die. Business owners should consider the following things when creating their estate plans. 1....
As a new parent, you are wise to think about an estate plan. Having an estate plan in place allows you to provide for your child's security and well-being no matter what happens to you or when. Kiplinger describes some specific documents that you should consider...
In addition to wills and other estate planning tools, trusts are also crucial when it comes to protecting your assets. Trusts offer a wide range of benefits, including providing more control when it comes to asset dispersal. However, you must understand how trusts...
Unfortunately, it is common knowledge that family disputes and arguments may happen over the estate plan of a deceased relative. Is there any way to combat or prevent these disputes from happening? Fortunately, there are some things a will writer can do. Common...
Nobody knows when their last day on this earth will be. For that reason, planning ahead of the inevitable is essential. You may feel like you do not have a need for a will, but even if you have few assets, a will can be incredibly beneficial. There is a range of...
Having an estate plan in place is a prudent way to ensure your family is well cared-for in the event of unforeseen circumstances. Whether you already have an estate plan or you are putting it off until later in life, becoming a grandparent presents a perfect...
Taxes are one of those things that will still come after you, even after you die. When transferring assets from your estate to heirs, the government may issue a tax. Typically, estate taxes only occur for larger estates, but if it is a concern because of your net...