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.
In years past, wills were rarely contested by family members, as this was seen as a way of dishonoring the decedent. However, more siblings and other relatives are suing in California courts over wills that they believe do not provide them with their fair share of the inheritance.
California parents should think about making provisions for the care of their minor children. Even for parents who are young and healthy, legal documentation about guardianship is important. While it may be a difficult subject to think about, it can ultimately lead to peace of mind.
When California residents think of estate planning, they probably call to mind wills, powers of attorney and trusts. Now, the electronic age requires consideration of what will happen to digital assets when the owner dies.
One of the most challenging questions we face in this life is what to do with our possessions when we pass on. For some people, the answers are fairly straightforward: they want to distribute wealth to a surviving spouse and children. For others, answers are more complex.
However unlikely it might seem, a large rock could fall on a clear Fullerton night and kill you. Rather than trying to figure out the odds of such a thing happening, it might be better to contemplate this question: Have you made an estate plan to pass on your belongings to those you love and care about most?
The media carnival that surrounded Michael Jackson in life has not stopped spinning more than four years after his death.
Blended families break tradition by definition. In the past, most married couples tried to stay together despite serious marital differences. The reason most often cited by those couples for staying together was that they were doing it for their children.
Americans love their pets. According to estimates, just over two-thirds of us own pets. Here in Fullerton, that would mean nearly 100,000 pet owners live in our city.
One of the good things we do in this life is to instill values in our children; values we hold dear and want to see passed on to future generations.