Your idea of how to distribute your assets may not make sense to some of your family members. In fact, they may try to convince you to change your mind. Misunderstandings and confusion may increase the chances of family conflict after your death. This kind of tension...
Wills and trusts are two of the main estate planning tools used by California residents. A pour-over will acts as a kind of safety net for when a person dies without transferring all property into a trust. How does a pour-over will work and do you need one? How a...
When creating an estate plan, the textbook advice is to “keep it as fair as possible.” Typically, this refers to portioning out your estate into even chunks for your beneficiaries. Particularly if you have multiple adult children, unequal inheritances have the...
Digital assets include social media accounts, cryptocurrency, and non-fungible tokens (NFTs). According to Tech Crunch, digital assets are often overlooked during estate planning. This can leave wealth in limbo as family and legal teams struggle to gain access to what...
It goes without saying that one's divorce brings about several changes in their life in California. Several aspects of their future require re-examination (including their estate plans). Given that (according to information shared by the Centers for Disease Control...
Like many people in California, you may look to the estate planning process with a certain degree of trepidation. Not only does the process force you to face the prospect of your own mortality, but you also risk upsetting some of your presumptive heirs with your...
During the estate planning process, you will likely create a will that lays out important information about how to handle your property after you pass. You may want to consider another option for transferring your estate after your death. A trust is a fiduciary...
Becoming a conservator of the person in California puts you in an essential caregiving role. The goal of the position is to make sure the conservatee's quality of life is the best possible under the circumstances. All the choices you make regarding the conservatee's...
Your estate plan is a vital piece of your end-of-life planning. But you should have your estate plan in place long, long before you actually need it. Not only that, but you should update it regularly so you can ensure it reflects your life in its most current state. ...
If you want to create a trust for your family, there will be important duties your trustee should carry out. In general, a trustee must honor the wishes of the person who created the trust and carry out duties owed to beneficiaries. Depending on the trust you create,...
