On Halloween, kids dress up to “trick or treat” the neighborhood while parents hand out candy. So what does the holiday have to do with estate planning.
Month: October 2016
5 Steps To Making A Living Trust
A trust is a powerful and versatile estate planning document. It can pass control over property, allow you to dictate terms for payment, avoid a costly probate process, and maintain privacy. Here’s five steps to making your living trust.
9 Red Flags In Your Estate Plan
Estate plans can have all sorts of hidden issues. You don’t need years of study or a law degree to identify some of these very common problems in your estate plan.
Ask Mike: What Is A Pour-Over Will?
I was told that a trust isn’t enough. I was told that I also needed a “pour-over will.” What is this? Why do I need it?
Sal. G.
California Enacts Law Providing Fiduciaries Access To Digital Assets
In the Internet age, much of our lives are online. So, what happens to all your emails, social media accounts, and digital assets when you die? California now has some answers.17
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Divorce and Estate Planning
Going through divorce can be an overwhelming experience. But if you are divorced or considering divorce, do not forget to review and change your estate plans.
Medi-Cal Asset Protection Trusts Help Seniors Get Long-Term Care
Long-term health care is expensive and can deplete a senior’s estate, leaving only a financial burden for heirs. An irrevocable Medi-Cal Asset Protection Trust can save the estate while allowing them to qualify for Medi-Cal long-term health care assistance.
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College Student Estate Plans
Your college-aged children are adults in the eyes of the law. This means you no longer have the same legal rights regarding your child. So what sort of estate planning does your student need?
Gifting The House Is A Bad Estate Plan
Many people think it’s a good idea to just gift their home to their children. While easy to do, this is a very bad idea. Giving away your home can have huge tax implications for your children, among other problems.