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.
Any proven estate planning professional certainly appreciates that the kids, their offspring and even generations beyond that loom large in parents’ future-directed planning decisions. After all, estate planning strategies are centrally about transferring wealth to succeeding generations.
Living will. Medical directive. Durable health care power of attorney.
November is closely linked with many notable things each year. The month spells winter’s onset for real in many parts of the country. People start counting down the remaining days of the year and begin to focus closely on year-end holidays and family get-togethers. And, of course, Thanksgiving is a central asterisk on the calendar.
Not every family has assets that contain foreign holdings.
One reason why many prudent California estate planners forgo executing do-it-yourself contracts and forms is their uncertainty as to whether such documents are tightly tailored and comprehensively address their unique planning needs.
We have chronicled a few estate-planning-gone-wrong stories linked with celebrities over the years in our blog posts at the Bay Area Law Offices of Connie Yi. Those tales underscore that fame and wealth don’t necessarily translate to seamlessly tailored and optimally effective planning outcomes.
Readers perusing our website at the established Bay Area estate planning Law Offices of Connie Yi might note the repeated reference of one specific term.
Who readily qualifies to be designated with power of attorney (POA) rights over your estate matters?
Wills in the estate planning world are proven tools. They unquestionably stand as paramount documents in that universe, having demonstrated their utility over time in scores of millions of instances. A recent article spotlighting wills duly notes that they “were invented centuries ago.”