Estate planning involves many more steps than drawing up a will or devising power of attorney forms although such things are often essential. California residents might wish to look outside the box and think about property, assets, and digital accounts. People with...
Estate Planning
What is incapacity planning?
When you write your will in California, you're not just planning for your death. You're also planning for the time leading up to your death. If you ever end up incapacitated, it's important to make decisions ahead of time before someone else makes them for you. What...
When to review your estate plan
If you live in California and have an estate plan, you still need to update it every few years or after any big changes in your life. If you get married or divorced, it is time for a document review. If you have a child or someone close to you dies, you should also...
What are benefits to estate planning?
Individuals with significant assets, including multiple properties and vast brokerage accounts, may see estate planning's value. Others might not, which is unfortunate. Estate planning could be for everyone in California since writing a will or drawing up other...
Why it is important to create an estate plan
If you are like a lot of California adults, you have postponed or maybe not even thought much about creating an estate plan. You might assume that you do not need a plan because you have few assets, or you may simply not want to think about it. The process can also...
How to get started with estate planning
If you are an adult, live in California and do not have an estate plan, you should create one even if you do not have many assets. There are several key elements you ought to include. Roles in your estate plan There are a few different things to consider based on your...
Keeping your estate plan private
Many California residents may want to keep their estate plans private so that information relating to their assets and debts does not become public. Wills go through probate, which is a public process, so people might want to consider various alternatives. Trusts...
Estate Planning Shouldn’t Be Difficult, Or Sad
Thinking about a time when you’re no longer around for your family is difficult. No one wants to put a lot of thought into their own death. But this can deter many people from thinking about estate planning, which is a big mistake. Why Think About Estate Planning?...
Should you talk to your children about your estate plan?
When you start planning your estate in California, you might be wondering if you should inform your adult children. On one hand, it might be a good idea to keep your children informed so they know how to handle your estate after your death. But on the other hand, you...
What to expect and know when creating a will
It is the unknown that often trips up people. But, sometimes, what we find out is that we are the ones standing in our own way of overcoming the unknown. This can be the case with estate planning and creating a will. Whether you have a modest or large estate, it is a...
