If you have a life insurance policy and you're doing your estate planning, you're likely thinking about how the two are going to work together. In fact, that life insurance policy may be one of the most valuable assets that you own. One thing that you need to make...
When estate planning comes up in conversation, it is a common misconception that the topic covers only matters relating to death. While dividing your assets and implementing your other wishes after you die is a large part of estate planning, this is not all there is...
There is more to estate planning than a simple will. While having one meets the needs of many, there are more estate planning options at your disposal that you may choose from depending on what you want for your estate. Below are some of the things that you need to...
Trusts are legal instruments that tend to play a key role in estate plans. The people who are set to benefit from the trust are commonly referred to as beneficiaries, and trustees are expected to act in their best interests at all times. Although trusts will...
You do not have to be retired to think about your estate plan. You also do not have to be wealthy — getting your estate plans together early protects you, your assets and your loved ones. In the event of an unforeseen accident or illness, you know that everything is...
If you have one or more heirs with unhealthy spending habits, providing for them after your death comes with many challenges. You want to leave them enough to live on or help them through financial hardships while keeping the bulk of their inheritance protected....
Most people feel that meeting the needs of their families is the most important part of estate planning. However, California estate plans have plenty of room for you to address your own needs and wishes, too. In other words, you do not have to choose between what you...
When you choose someone to be your power of attorney, whether you're considering a medical situation or the need to carry out financial processes, you need to make sure you have the right person. This may be a family member or a very close friend, as is common, but...
Frequently, people neglect to consider what will happen in the event of their death. Often, this is due to a perceived morbidity over estate planning. However, estate planning can actually have a positive emotional impact and could also offer security to your loved...
A trust is a legal arrangement whereby a third party holds your assets on behalf of one or more beneficiaries. Trusts can be established to transfer assets to heirs seamlessly. With the proper setup, a trust may also be beneficial to your estate in terms of saving...