Bay Area Estate And Tax Planning Law Firm
There are many things to consider when estate planning. One of the most important is who will receive your assets after you die. Unfortunately, many people make mistakes when choosing their beneficiaries, leading to estate litigation and other problems. Not updating...
Estate planning allows you to take care of your assets and beneficiaries in California. Some people want part or all of what they leave behind to go to charities. If you plan on donating a considerable amount of money to charity, it's good to know about charitable...
Anyone with a family, a bank account, pets, social media accounts or assets may want to create an estate plan. Dying without a plan in place results in the state determining what happens to your assets. For example, according to intestacy laws, California would...
There are a great many estate administration issues that can come up during the initial exam in California. These are issues that can result in a tedious and costly process of probate. One of them can be your failure to resolve issues such as mortgage payments, condo...
Many California residents might not be familiar with the term “fiduciary duty,” but it may or may not apply to their everyday life. In short, fiduciary duty refers to the relationship between a fiduciary – such as an employer or lawyer – and the principal slash...
Creating an estate plan can help California residents to prepare their estates for the future and protect their beneficiaries. However, it’s important not to make these mistakes when updating your estate plan documents. Forgetting to review your will A huge mistake...
Every state has different requirements for revoking, contesting or changing a will. There is specific information to learn about the process of changing this document in court. Under California's estate laws, anyone who wishes to change a will has to meet specific...
There are different kinds of financial planners and advisors that operate in California. While some of these advisors are not required to take extra steps to ensure that they always act in the best interests of their clients, others are. Those in this second group are...
When creating a trust in California, one of the first things you will need to do is fund it. In other words, you need to ensure that it can sustain itself once you've transferred ownership. There are several ways to do this depending on your goals, but the common...
If you're adopting or having a child in California, guiding them through their early years will help them become responsible adults. However, focusing on raising them should also be combined with a few other elements. Planning for the unexpected can help ensure your...