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
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...
The death of a legend raises questions about estate plans
Estate planning is rarely considered a pleasant topic. No one wants to think about what to do with their properties and assets after their death. But it can be a reassuring experience from at least one perspective. Solid estate plans offer a payoff to relatives,...
Here’s why you should consider a living trust
Even if you assume that your estate plan is complete, it never hurts to learn more about the many ways you can improve it. For example, the addition of a living trust could benefit you, your loved ones and your assets in a variety of ways.Here are four reasons why you...
How to start an estate planning conversation with your parents
The time has come. You realize that you need to discuss estate planning with your elderly parents. No one wants to have this conversation, but you realize that it's the responsible thing to do.But there's a problem. You don't have the first clue as to how to approach...
Are you protected against these estate planning mistakes?
Most people don't consider estate planning an exciting activity. In fact, they'll do anything to avoid thinking about it.This approach can result in a variety of estate planning mistakes. Some of these include: Not having an estate plan: If you continually put estate...
