Estate planning is largely about assets. You set up tools to ensure that your assets go to the right people. Nonetheless, there is more to it than this. You can utilize your estate plan to ensure that the right people take on the appropriate roles. One thing you can...
When was the last time you reviewed your estate plan? If you can’t remember or if it has been a while, you might want to consider doing so. Otherwise, you risk having an estate plan that no longer reflects your present wishes or life circumstances. Here is what to do...
As you make your estate plan, you know that you want to avoid disputes between your beneficiaries. You don’t want your adult children fighting over who gets the life insurance payout or who gets to keep the family home. These expensive assets need to be planned for in...
If you’re preparing to put your estate plan in place, you’ve likely realized that your home is one of the most valuable assets you have. If you’ve owned the house for decades, it’s likely worth considerably more than you paid for it. If you’re considering leaving...
Estate planning is a crucial step for newlyweds to ensure that their financial future is secure and that their wishes are respected in the event of unforeseen circumstances. While it may not be the most romantic topic, having a comprehensive estate plan can provide...
If you haven’t written an estate plan, rest assured that you’re not the only one. This is the norm in the United States, where two-thirds of all Americans don’t have a plan. That being said, it is very risky not to have an estate plan in place. It leaves your family...
California allows you to distribute your assets as you please when you die. You are not obligated to leave someone something just because of your relationship with them. While disinheriting people is relatively rare, you may have good reason to consider it. If you opt...
A will only protects your assets so far. With just a will, your estate could be taxed or challenged and the distribution process could be delayed with probate. You may find that a trust will benefit you more. A trust can protect your interests and give you a...
Are you trying to get started with your estate plan? A will, trust and other legal documents can help you organize and instruct how your assets are managed after you pass away. While the main focus of estate planning is to help ensure your loved ones experience a...
When you pass away, you will leave an inheritance to the beneficiaries named in your estate plan. This could include your spouse or your children, but you can pick any beneficiaries that you would like. Many people will have an extensive estate plan that includes many...