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Estate Planning Archives

Too young for estate planning? Think again.

For many young professionals in Southern California, the last thing on their minds is getting a proper estate plan set-up. There is just too much going on right now. Plus, estate planning is for older people, like your parents and baby-boomers, right?

What a California will entails

A survey conducted in 2012 found that 41 percent of baby boomers do not have a will. Additionally, the study found that 71 percent of people under the age of 34 do not have a will. A will can be an important document to have because it puts into writing an individual's desires regarding such things as who takes care of minor children or who gets a person's home or car.

The effect of moving across state lines on estate planning

Orange County residents who intend to move out of California, or those who contemplate a relocation to the Golden State, may find that their new address adds complexity to their estate planning. It is often best to revise a will, trust or other estate planning document when moving across state lines. This helps to avoid potential problems and may possibly be advantageous to the estate or trust.

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