Building an effective estate plan is an important part of providing for the ones you love with your resources. However, in some cases, even those who fail to create an estate plan during their lifetimes may end up with their resources placed into a constructive trust...
Do I need a probate attorney?
Year: 2017
Does destroying a will revoke it?
The longer you wait to make a will, the more likely you'll never get around to it. If you still have not created a will, you should take some time to consider how a will might benefit you and make a point of creating your will as soon as possible. However, for those...
Is it time to remove a trustee from your trust?
When you set up a trust as part of your estate plan, you face the very important task of appointing a trustee to oversee the trust and the assets within. However, in some cases, your relationship with a trustee may sour, or you may realize that he or she is not...
Take the time to review your will periodically
Once you get your estate plan situated, you might think that you can forget about it since it is done. The truth is that you do need to review the will periodically so you can ensure that it still accurately reflects your wishes.The good news is that reviewing and...
What is asset protection planning?
In general terms, asset protection planning involves organizing a person's assets and liabilities and developing strategies to protect them from each other. Some forms of asset protection seek to shelter assets from excessive taxation, while others focus on creating...
When someone gets left out of the will in California
Estate planning is an important part of protecting the ones you love and preparing for the future. However, estate planning can grow very complicated when a couple divorces and when one of the spouses remarries, especially if the new spouse has children. Depending on...
Estate planning to protect your children after a tragedy
Estate planning is, among other things, about creating protections for the ones you love before you need them. This way, when the unexpected happens, you can focus your time and energy on addressing difficult situations with your full attention and not losing valuable...
Estate planning can prevent family conflicts
You've done the important work of protecting your estate and resources in order to be able to leave something for your family and loved ones. You realize — unlike many California residents — that it's wise to consider how the estate planning decisions you...
Should you consider an asset protection trust?
As you look around and consider various estate planning options, you soon realize that there are indeed many, many different trusts and other estate planning tools available. One particular product that often gets overlooked or lumped in with other similar options is...
Understanding individual gift tax exemptions
Most individuals do not worry about the value of gifts that they give to others, and in most cases it is never anything worth great worry in the first place. However, the federal government does place limits on the amount of money one individual can gift to another...
