Planning for the future is important, even if you do not have children. While you may first associate estate planning with passing on assets to your kids, there are other reasons to consider creating a plan. An estate plan can provide peace of mind and clarity for you...
When planning for the future, one of the most important decisions for parents involves choosing a guardian for their children. This decision ensures that, in the event of the parents' untimely demise, their children will receive proper care and guidance. In...
A special needs trust is a valuable tool that can provide security for families who have a loved one with special needs. When a family member develops special needs, it is important to plan for their long-term care and financial well-being. In fact, these trusts offer...
Starting a new business in California marks a significant milestone in someone's life. It represents not just a financial investment but also the culmination of dreams, hard work and a vision for the future. However, amid the excitement and challenges of...
Your last will and testament ensures your heirs receive assets according to your wishes. However, some heirs may experience dissatisfaction with the outcome of your estate planning. This can lead to a contested will. Contested wills can add unnecessary stress and...
Parents want a secure future for their children. When these children have disabilities, estate planning can become even more important. For example, adult children with disabilities may need financial support for their entire lives. In California, parents should keep...
For young people, certain life events can serve as wake-up calls. Such events may prompt them to consider creating or updating their estate plans. These are some common scenarios that might lead a young adult to take action in planning their estate. Heading off to...
When you designate a guardian in your will for your minor children or dependents, it is an important decision. However, circumstances may arise where the named guardian is unable or unwilling to assume the responsibility. As a parent, you must anticipate this...
Ensuring your estate plan reflects your current circumstances is important for protecting your assets and loved ones. Certain life events may signal it is time to review and update your estate plan. 1. Marriage or divorce Marriage or divorce drastically alters your...
In California estate planning, many aspects go into ensuring a smooth probate process. Some of them include regularly reviewing your estate plan and organizing the information clearly. However, a strategic approach to drafting your will could be the linchpin for a...