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...
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...
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...
Many who live in California have some type of estate plan or will in place to cover their assets when they die. This can determine who takes care of any minor children they have, who gets their retirement funds or what happens to the family pets. The opposite side of...
If you have not yet prepared your estate planning documents, resolve not to put this responsibility off any longer. Organizing your thoughts in advance helps smooth the way. Here are five common estate planning mistakes and how you can avoid them. 1. Failing to plan...
The topic of wills and estate planning is not an easy one for many people, and so they may find themselves putting it off as the years go by. However, failing to have such a plan in place may leave their families with miles of legal red tape. According to the American...