If someone mentions estate planning, what springs to mind? Perhaps how to leave your assets to your family while paying as little in taxes as possible? That is a crucial aspect of any estate plan, but there is much more to it than that. Let’s say you have a spouse and...
Estate planning isn't just about what happens when you die. It is also about what happens when life takes unexpected turns. A seizure, a boating accident or a machinery malfunction at work could leave you unconscious or otherwise unable to communicate. The doctors...
Estate planning isn't something that you do once and then never address again. You need to make a pointof sitting down to review your estate plan every few years to ensure that its many different components continue to reflect your needs. It's critical that you...
While it is important for most California adults to have some kind of estate plan, it is also important to ensure that the plan is up to date. There are several elements you should focus on to make sure that the plan will still work for you and your loved ones. Roles...
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...
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...
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...
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...
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....
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...
