As the cost of educational expenses continues to soar for California residents, it is clearer than ever how important a college fund can be. The 529 college savings plan is one way to address this issue. Parents or grandparents (or anyone) can create a 529 plan to...
Month: May 2016
A brief look at the laws governing California wills
On Behalf of Law Office of Barbara J. Dibble | May 20, 2016 | Wills
Creating a last will and testament is one of the most important steps in proper estate planning. The will plays a critical role in how a person's property and assets are distributed upon death. With a sound will, you have the opportunity to decide precisely how to...
What Can Prince Teach Us About Estate Planning?
On Behalf of Law Office of Barbara J. Dibble | May 18, 2016 | Uncategorized
The death of music legend Prince on April 21 remains mysterious and baffling in many ways, among these the fact that he left no will. This has caused much confusion over who is responsible for overseeing Prince's estate. It also created uncertainty over his heirs, as...
What is the difference between testamentary and living trusts?
On Behalf of Law Office of Barbara J. Dibble | May 13, 2016 | Trusts
Many residents of California have begun exploring the use of trusts as a way to leave family members instructions and inheritance guidelines upon their death. Trusts are an extremely effective way of protecting assets or inheritances from misuse.However, learning...
The death of Prince highlights the need for good estate planning
On Behalf of Law Office of Barbara J. Dibble | May 5, 2016 | Estate Planning
As far as anyone knows, Prince left no will when he died on April 21, 2016. This means that no instructions regarding the distribution of his significant estate exists. Experts say it could take years to sort out the value of Prince's assets, which are estimated to...
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