Few people wish to think about their eventual passing. However, concerns about how death affects family members lead some business owners to take part in estate planning. Entrepreneurs in California often realize that the commercial aspects of their estates add...
Month: August 2020
Why estate planning may be important for you
Physicians and other professionals in California may want to consider creating an estate plan that they review and modify over the years as there are changes in their families, their assets and the law. There are two elements to estate planning. One is about planning...
Using a conservatorship to provide for an aging parent
All of us want our parents and older loved ones to live long, healthy lives. But as individuals age, their risk of developing a cognitive impairment increases. According to the Centers for Disease Control and Prevention, about one in nine older adults report worsening...
How business owners can help their successors
In California, there are plenty of measures that business owners can take to protect their businesses and their eventual successors. For starters, business owners may be able to minimize taxes by setting up a trust fund, such as a grantor retained annuity trust or...
