It is generally in your best interest to review your estate plan after ending your marriage. This ensures that a former spouse can't inherit property, serve as your executor or otherwise benefit from your estate. In California, a spouse is essentially disinherited by...
estate planning
Who is involved in a revocable trust?
If you're worried about how your assets will be passed down in California, a revocable trust can give you more control over the distribution of your assets, even after your death. Establishing a trust could also help you safeguard your assets while you're still alive...
Plan accordingly after a divorce
Those who have gone through a divorce will likely tell you they felt overwhelmed by multiple challenging decisions they had to make throughout the process, although they’re happier now. Naturally, couples with children often find it difficult to agree on child custody...
What California residents should know about estate planning
The circumstances that lead to a second or third marriage tend to be significantly different than those that compel you to marry your original spouse. For instance, there is a good chance that both you and your new spouse have children or are bringing significant...
Estate-planning updates to consider upon remarriage
With a growing number of "gray divorces" occurring in California and other U.S. states, remarriage has become more common among seniors. With wedding plans underway, it can be easy for couples who are remarrying to neglect thinking about updating their estate plans....
Estate planning for remarriage later in life
A growing number of people in California are deciding to divorce later in life. As people live longer, healthier lives, they may also be more open to planning a new future, dating and remarriage. However, when seniors remarry, they may have special concerns about...
Why young people need an estate plan
Some young adults in California might not have an estate plan. They may assume they do not need one because they are too young or have few assets, but there are many reasons they might need one. Planning for becoming incapacitated Estate planning is not just about...
The importance of reviewing an estate plan
It is generally a mistake for those who live in California to avoid creating a will, trust or power of attorney documents. However, it can also be problematic to not update these documents after they are executed. Take a look at some good reasons to review your estate...
The truth about estate planning
Estate planning can be beneficial for anyone who lives in California regardless of their net worth. In addition to making it easier to distribute assets after you pass, an estate plan can also help to create or preserve your legacy. In some cases, you will need...
Tips for avoiding probate
After you pass on, your estate will likely be subject to probate. If you live or own property in California, you will likely need to follow the state's probate rules. Generally speaking, this process is much easier if you have written a will, and it may be possible to...