Candidly, estate planning is legal subject matter that much of the general public in California and nationally is not immediately comfortable with. The topic perennially ranks at or near the top of “not now” lists concerning matters that are surrounded by procrastination and repetitive stalling on the part of would-be planners.
Readers of our blogs at the Bay Area estate planning Law Offices of Connie Yi know well a mantra that we periodically reinforce for both valued clients and individuals thinking about crafting a tailored plan.
Many individuals spanning broad and diverse pockets of Northern California are the founders and operators of successful businesses. A fair number of those enterprises have an international nexus, through production, investment or other ways.
Things are certainly not normal for California residents and all other Americans (indeed, all global citizens) currently. We unquestionably face a stark and unprecedented challenge from the COVID-19 viral pandemic.
Does it have to be one or the other?
In considering the above-posed headline query for today’s blog post, let’s substitute the word “concerns” with the less alarming phrase “some things to think about.”
It’s akin to the two sides of a coin.
We refer on our website at the established Bay Area Law Offices of Connie Yi to “one of the most important decisions you’ll make when you’re planning your estate.”
You’ve likely seen ads, myriad online pitches and extended infomercials (some of them featuring tier-one celebrity figures) touting the alleged virtues of reverse mortgages.