Many people think that drafting a will is the first step toward estate planning. But, for many California individuals, the estate planning process actually began when they opened a bank account, life insurance policy or other account with a beneficiary designation....
Do I need a probate attorney?
Month: April 2021
What is essential in a complete estate plan?
Every California adult has different goals for his or her wealth and health care, both now and in the future. When creating an estate plan, it is possible to custom-tailor the overall strategy to match a person’s specific objectives for security and protection. Even...
Estate planning considerations after moving to another state
In the United States, it is not uncommon for individuals to move across state lines. Whether the move is for career, family or personal reasons, the change can have a wide range of impacts on a person’s financial and legal life. If someone moves to California from...
What taxes will my loved ones inherit?
When you leave your estate to your children, you likely hope the inheritance will benefit them in some way. Perhaps they can invest it, pay off debt, start college funds for their children or simply enjoy the gift you have left them. What you may not realize is that...
Important estate planning conversations to have with family
Many people work hard to put an estate plan and financial structure in place. After doing all that thinking and work, it is important to communicate plans to loved ones so they can properly implement plans and follow through on intentions. For this reason, it’s a good...
What happens to a trust after the trust maker dies?
A revocable living trust is a valuable estate planning tool for protecting assets, avoiding probate and minimizing certain tax ramifications. A well-funded trust with clear instructions can be a blessing to heirs who may then receive their inheritances without having...
