Bay Area Estate And Tax Planning Law Firm
We've all heard adages like this before: You wouldn't hire a plumber to perform surgery, so why would you … ?For purposes of today's blog post, we would simply pose this query: Why would a planner name a lay person with little or no professional experience as...
It's a safe bet that the three former wives of famed -- and now deceased -- song writer/guitarist Jerry Garcia do not hang out together listening to Grateful Dead albums.Ditto that regarding former girlfriends and children from Garcia's various relationships. Here's...
If you were asked to be the executor (often called personal representative) of a loved one's estate, that obviously means that trust was imposed in you regarding a very important matter.You were likely honored by the appointment, and accepted. Many people do. And now...
Most states, including California, have laws in place to protect surviving spouses and other potential heirs to a decedent's property. This means that if one spouse dies, the other still has inheritance rights even if a will was never written or an existing will never...
When a loved one passes away, you'll have many thoughts going through your mind. At some point, you must turn your attention to this person's estate plan.Did they have a will or a trust? With a will, there is no way around the probate process. Instead, this will move...
Now that your children are adults, you might expect that they would be able to handle dividing up your things and taking care of your final arrangements without a lot of conflict. This might not be the case, even if your adult children get along. Money and assets are...
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...
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...
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...
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...