Bay Area Estate And Tax Planning Law Firm
One of the primary tasks that an estate plan accomplishes is to pass assets down to the intended beneficiaries. This can be done in the will, but there’s also an option to establish trusts. All trusts are classified as either revocable or irrevocable, and the...
Most of us believe in something. Some strongly believe in a particular god or collection of gods, while others pointedly believe that no such thing exists. Whatever beliefs you hold dear, it’s likely you want your estate plan to reflect them. If you don’t cover these...
When it comes to disputes over a parent’s estate, siblings are usually the ones fighting. Sometimes, unresolved childhood rivalries can resurface during estate distribution. In other cases, some siblings may feel more entitled to a bigger share because of their...
Creating a trust is a powerful tool for managing your assets during your lifetime and beyond. It offers you control over the distribution of your property and can provide peace of mind for your family's future. Understanding how a trust can benefit you and your loved...
The only constant thing in life is change, and you need to prepare for that fact. One way to prepare is to have an estate plan. This plan gives you peace of mind, knowing your wishes will be followed, no matter what life brings. However, creating an estate plan isn't...
Choosing a trustee is one of the most crucial decisions you'll make when setting up a trust. This person will manage the assets you've worked hard to accumulate, ensuring they're used as you've intended. But how do you choose the right person for this significant...
Creating a will means planning ahead to avoid family disputes. A no-contest clause, although it seems straightforward, is a complicated legal tool that can either help enforce your wishes or unintentionally cause disagreements. Discouraging legal disputes and ensuring...
Estate planning helps you manage your assets and ensure your wishes are honored after your passing. However, life changes may require you to update your estate plan. Here are four essential considerations when modifying an estate plan in California. 1. Changes in...
Building a successful family business is a testament to hard work and cultural values that span generations. As your enterprise grows and your assets add up, it is important to think about how to protect and pass on this wealth effectively. Trusts and estates can help...
Estate planning requires you to make important personal decisions that shape your legacy. Many people instinctively choose family members as executors. As you consider who to appoint, you may want to think beyond family members and explore the benefits of naming a...