Planning For A Secure Future
For estate planning in California, trust property is a potentially important tool that can help reduce the tax burden on some assets and make sure that they go to the right people upon death. There are many ways to use trust to protect property for the purposes of...
New parents and parents-to-be in California should consider creating or updating their estate plan with their children in mind. It is important to remember throughout this process than minors cannot inherit assets. Taking care of children First, you need to make sure...
If you have an estate plan in California, you’re in good shape for protecting your family’s future. It’s especially important to be aware of beneficiary designations. Use these tips to ensure that assets go to the right people. Name alternate beneficiaries You have...
By knowing the basics of a last will and testament, you can ensure that your loved ones in California are taken care of after you're gone. And so, let's look at some of the critical elements in your last will and testament that are needed to make your estate planning...
Estate planning is one of the most effective ways to protect your assets in California and ensure that your loved ones are taken care of in the event of your death. However, estate planning can be a complex process, and there are a number of mistakes that can you can...
Estate planning and administration involve many steps that the planner might not initially realize. Engaging in estate planning could better prepare a relatively young person, although there's no wrong time to take such steps. Older persons might find that later-stage...
Experiencing a serious injury, going into a coma or becoming terminally ill in North Carolina can quickly change your life. It may be impossible to let your loved ones or medical professionals know if you'd like to continue or discontinue treatment when you're in this...
Revocable living trusts are helpful tools to ensure that your assets are given to the beneficiaries of your choice. Having an RLT in place before you pass away can also reduce the chances that your estate will go to probate. While some of your assets should be placed...
When you die in California, your assets can only go to three places: your beneficiaries, charity organizations or the government. If you don't manage your assets accordingly while alive, the government will take the greatest share, leaving very little for the people...
When it comes to estate planning in California, there are many different options to choose from. One option that you may have heard of is a grantor retained annuity trust, or GRAT for short. Keep reading to learn more about a GRAT and how you can use it in estate...