It may be difficult enough for some people in California to even consider creating an estate plan, but even those who go through the process may struggle to discuss the matter with their children. It is not particularly pleasant to think of one’s own eventual passing,...
Month: February 2021
4 estate planning tools to consider if you have chronic illness
On Behalf of Law Office of Barbara J. Dibble | Feb 22, 2021 | Estate Planning
Numerous people in California and across the country live with chronic illness. For some, the illness may not be obvious to the naked eye, and for others, they may have obvious factors in their lives that make their illness known, such as needing a wheelchair,...
Charitable Remainder Trust may benefit those who inherit an IRA
On Behalf of Law Office of Barbara J. Dibble | Feb 18, 2021 | Trusts
Many people in California save for retirement by funding an Individual Retirement Account, or IRA. If they pass away before depleting it, or if they choose to will the IRA to their child or someone else, the tax consequences may be significant, particularly with...
What happens to my power of attorney after I die?
On Behalf of Law Office of Barbara J. Dibble | Feb 13, 2021 | Estate Planning
If you are building a comprehensive estate plan, chances are you are discovering the importance of having a power of attorney designation as part of it. A power of attorney agent acts on your behalf if medical, legal or financial matters arise at a time when you are...
Living will and medical power of attorney part of estate planning
On Behalf of Law Office of Barbara J. Dibble | Feb 11, 2021 | Estate Planning
Most people in California understand the importance of having a will. What they may not realize is that they should also have legal documentation that covers certain medical matters while they are still alive. A living will and a durable power of attorney for...
Prince’s estate still going through probate
On Behalf of Law Office of Barbara J. Dibble | Feb 9, 2021 | Probate And Estate Administration
When a person in California dies without a will or an estate plan, it can cause a world of problems for the people left behind. The estate will typically go through a long and expensive probate process as courts work to determine how any assets or liabilities should...
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