Karen J. La Madrid
LATEST ARTICLES BY: Karen J. La Madrid
Proposition 19 and California home inheritance
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…
Estate planning tips for newlyweds
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…
Why don’t you have an estate plan?
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…
3 steps to take if you wish to disinherit someone
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…
4 kinds of trusts to protect your interests
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…
Your estate planning checklist
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…
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