When you make the difficult decision to divorce, there are many different things to consider. Not only will divorce obviously change your relationship status, but it can also impact your children if you have any. It can also have an effect on your home, your assets, trusts, retirement plans, and estate...
The Process for Removing a Trustee in CA
When someone (called the settlor) establishes a trust, most of the time they will also work hard to find the right person to serve as the trustee. When deciding upon who is to be assigned as trustee, someone’s legal knowledge, financial experience, and trustworthiness are generally all taken into account.
Inheritance: Outright vs. In Trust
When you leave assets to your children in a Trust there are essentially two different ways in which they can receive them: outright or in trust. When they receive assets outright it means that the assets will be distributed to them now. When they receive the assets in Trust, it means that...
When Can Assets Avoid the Probate Process in CA?
When someone passes away and leaves assets to be distributed, such as real estate, bank accounts, and other financial investments, their estate goes through a process called probate. An estate goes through this process whether or no they have will. During probate the court will name an executor (if there is a...
What to Know About Green Burials
As the focus continues to be on climate change, the environmental issues that plague our world have captured our attention. Many people are now looking at ways in which they can be more environmentally friendly – even after they pass away.
Green burials, often referred to as natural burials...
What’s the Difference Between a Power of Attorney and a Conservatorship?
When you’re establishing your estate plan, it can be difficult to think about the possibility of incapacitation. We never want to think about our loved ones as anything other than happy and healthy. However, while we pray that it will never be relevant, it can be extremely helpful to ensure that they...
Documents to Establish for Your College-Bound Child
When we think of estate planning, we often fail to think about establishing any documents for young adults. After all, they probably don’t have an estate. But once your child reaches the age of 18, there are a few things to bear in mind. At 18 your child is considered an adult and...
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A Guide to Charitable Trusts
When people are thinking about who they wish to give their assets to, they often consider friends and family. But what many fail to consider as an option is charity. A charitable trust is a way that you can set up your assets so that it is not only beneficial to you and...
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Here’s What to Do with Your Loved One’s Prescription Medication After They Pass
When a loved one passes away, the number of things to worry about seems endless. But one thing that many people fail to consider is what to do with any prescription drugs (or other controlled substances) that your loved one had. Since there are specific laws for how you must dispose of these substances,...
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‘Age Gap’ Relationships and Estate Planning Considerations
As they say, age is but a number. Many people of varying ages end up meeting and falling in love every single day. And while the average age gap between married individuals is about 2-4 years, there are still many couples who were born much farther apart. After all, each relationship is unique and...
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