Estate planning involves more than just deciding who will inherit your assets after you pass away. It also includes the management of your assets during your lifetime and creating a plan to minimize taxes, as well as maximize the amount of your estate that will...
Individuals with disabilities often require ongoing medical care, therapy, and other services that can be expensive. So, many families may opt for a special needs trust. If you have a 401(k) retirement plan, you may be wondering whether you can put it into a...
An accord and satisfaction occurs when the parties involved in a dispute reach a new agreement to resolve the dispute. This agreement may involve a compromise, such as a payment of less than the full amount owed or a release of certain claims. Once the new...
Survivorship life insurance is a type of policy that provides coverage for two individuals and pays out a death benefit only after both have passed away. This type of insurance has been popular among affluent couples looking to reduce the tax burden on their...
When we pass away, we want to ensure that our belongings get transferred to the right people. However, when it comes to gun ownership in California, there are strict rules and regulations. Securing a gun trust could ensure that you follow applicable laws when...
When you are diving into the estate planning process, you may be confronted with a lot of unfamiliar terminology. This can make estate planning feel like a headache, rather than a helpful tool to allow you to properly plan for your future. One of the most important...
Estate planning can be a complex process. While many people wrongly assume that they only need a will, there are other measures you can take to ensure the welfare of your family and have your assets distributed according to your wishes. As part of your estate planning...
California regulates certain aspects of a probate sale when it comes to the sale of real estate property. This includes how the property is sold, what it is priced at, and even how quickly it must be sold. The terms of these transactions are heavily regulated in the...
While you may think that living trusts are only for the elderly or the wealthy, they are a powerful estate planning tool for many different people. While every aspect of estate planning comes with pros and cons, it is important to understand the possible disadvantages...
A trust is one of the most important estate planning documents. With so many different types of trusts to choose from, it can be difficult to determine which one is right for you and your needs. Some of the most common types of trusts are broken down in this guide. ...