Many people in California plan to pass on their assets to their loved ones after death, including investment accounts, 401(k) plans, bank accounts, and, of course, life insurance. When people open many of these types of accounts, they are asked to name a beneficiary...
Month: March 2020
Do Your Loved Ones Know Your End-of-Life Wishes in Light of Coronavirus COVID-19?:
The Coronavirus COVID-19 pandemic is dominating the national conversation, and with good reason. It is a highly infectious and potentially deadly disease, and we have no vaccine for it.The reality is that most of the population will not likely become infected with...
Spendthrift trusts are useful estate planning tools
You love all of your heirs equally and want to do right by each one. But, in reality, you recognize that their circumstances are vastly disparate. You worry what will happen to them once they each get a share of your estate.It's not an idle concern, as there are many...
When might you want to update your will?
Taking time to stop and think about your plans for the end of your life isn't likely something that you want to do while you're busy living your peak years, but it's important to do it. This will ensure that things end up getting handled exactly as you'd like them to...