A commentator in a news article from earlier this week discussing the convoluted estate of pop legend Prince -- it's probably unobjectionable to anyone to simply call the Purple One's estate a mess -- notes that there are essentially three entities involved in many...
Bay Area Estate And Tax Planning Law Firm
Probate And Estate Administration
Spotlight on Medicaid: a fundamentally important point to note
Obviously, there is a veritable basket of concerns related to the long-term health care needs of a California family in a given case.Will a loved one need to go to a nursing home for what will likely be a lengthy period? If so, is the day of admittance fast...
Eye on your relatives: Nobody would challenge your will, right?
Here's an exercise you might reasonably wish to engage in as you're sitting comfortably in your favorite chair and making some notes regarding the ultimate administration of your estate.To wit: Make a list of all the relatives and loved ones who you likely figure will...
About that lakeshore cabin: Should we keep it in the family?
Perhaps your family members have been the proud and happy possessors of a cabin or similar property somewhere off in the wilds of California (or at least beyond echo's reach of all the siblings' urban-based dwellings) for decades.And perhaps you simply love that...
Your digital assets: Do loved ones know what/where those are?
If someone had mentioned an online vault to you years back, you wouldn't have had a clue what they were talking about, right?Now you likely would. Indeed, you might already be using such a computer-linked tool to store copies of various financial documents, such as...
Yes, Prince was meticulous, but not in every important realm
A recent media article focusing upon the legendary and recently deceased pop entertainer Prince refers to the "Prince Syndrome."Given what seems readily known about the artist, many of our readers might reasonably venture a few educated guesses as to what that...
Avoiding probate: why you might want to and some ideas on how to do it
Probate is a term readers have probably heard at some point. The term refers primarily to the process of establishing the validity of a will, but also refers to the process of administering the will. Probate defaults as a court-supervised process that involves...
Advice on having a family talk re estate planning: don’t dally
"We need to talk."That succinct and quickly conveyed prompt -- from either adult children to parents or from the latter to their kids -- might essentially be all that's needed to shake off inertia and family reticence regarding a centrally important matter. And that...