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June 2020 Archives

Lack of retirement planning may lead to estate disputes

As you do your estate planning, one of your main goals may be to reduce the odds that your heirs will get into a dispute over the money. That's wise. These are the types of arguments that can make it so that siblings do not talk to each other for the rest of their lives.

Different types of wills have different origins

When you decide to do your estate planning, you need to know how to draft a valid will in the United States. That typically means a written will signed by you and a witness and/or notarized. While using a notary is not required, it's an extra step that people sometimes take to ensure the validity of the will.

What's the difference between revocable and irrevocable trusts?

When you create an estate plan, you have several options for getting things set up in the manner you desire. One of these tools is trusts. A trust is a special arrangement that enables you to put assets into the trust so that the beneficiary of the trust can reap the benefits of it after you pass away.

Why you should actually love estate planning

People often neglect their estate planning because they essentially do not want to do it. It does not sound simple, it feels overwhelming, they don't like doing paperwork and it feels like an obligation, not something they're excited about. And so they put it off for another day, and another, and another.

What constitutes a valid will in California?

There are some common questions that many clients that are looking to prepare their wills ask their estate planning attorney. One question centers around what's an appropriate age to draft it. Another has to do with how often it needs updating. A third has to do with what it's going to take for the testator to make sure that it will stand up in a court of law. These are all important questions.

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