Your parents are intelligent and raised you to make wise financial decisions. Therefore, it can be shocking and heartbreaking to discover they fell prey to the type of scam that targets the elderly or the naïve. It might be hard to confront the fact that your parents...
estate planning
What is a charitable trust?
If you are one of the many Californians for whom giving back to your community is a big part of your life, you may wish to consider establishing a charitable trust as a means by which to donate to your church or favorite charity in a long-term structured manner. As...
How does a living trust benefit you?
As a reasonably well-to-do California resident, you may be thinking about your financial situation and what things you can do to enhance it. One of the things you may wish to consider is establishing a living trust. Per RBC Wealth Management, a living trust is one you...
How can you plan ahead to ensure your pet is taken care of?
Like other pet owners in California, your dog or cat is family to you. Whether you are older and expect your pet to outlive you or you worry that an unforeseen accident can leave your pet without a caregiver, you naturally want to make sure his or her needs are...
Making sure your will and trust work together
At the Law Office of Stephen W. Penn in California, we help people such as you plan for your and your family's future. We know how proud you are of the assets you have accumulated through hard work over the years, and we understand that you likely have definite ideas...
What is a special needs trust?
If you are a California resident with a disabled child, one of your greatest concerns is who will care for your child after your death. Establishing a special needs trust for him or her can answer that question and also provide the funds necessary to continue...
How to choose the right executor
One of the important parts of estate planning in California is choosing the right executor. Many people may feel confused about the process or simply not know where to begin with making this decision. Luckily, there have been many people in this same situation before,...
What happens if I die without a will?
If making your California will is not one of the things at the top of your priority list, you may wish to move it up. Why? Because if you die without one, the State of California says you died intestate and decides for you who gets your property and...