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...
Erika Copenhaver
How are Survivorship Life Insurance Policies Helpful for Estate Planning?
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...
Does California Allow Gun Trusts?
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...
What is The Difference Between Estate Planning & a Will?
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...
What is a Lifetime Beneficiary Trust?
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...
What is a Probate Sale?
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...
What are The Major Disadvantages of Revocable Living Trusts?
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...
Types of Trusts for Estate Planning
updated 7/20/23 Estate planning is a critical aspect of financial management that ensures the smooth and efficient distribution of assets and wealth after an individual's passing. It involves making arrangements and decisions regarding the management, protection, and...
Creating a Living Trust in California
Estate planning documents are some of the most important documents that you will have within your lifetime. While you may feel like estate planning is only reserved for the elderly, estate planning can be beneficial at many different stages in a person’s life....
Estate Planning for Those More Comfortable Communicating in Spanish
While planning for your financial and legal future is essential, it can often be overwhelming. To make matters worse, language barriers can further cause disastrous issues that may even impact how your final wishes are conveyed. However, having a Spanish-speaking...