Helpful articles about trusts, estate planning, retirement, and more
Having a will is family protection — saving your loved ones from having to make very difficult decisions concerning end-of-life care and asset distribution . . .
The distribution of an intestate estate is very complicated and can be avoided by creating a will or living trust . . .
When a person does not leave written instructions as to disposition of remains, California law (Health and Safety Code. Sec. 7100) sets out the order of decision-makers . . .
While it’s important to establish a living trust, you can run into complications and problems that can interfere with or even invalidate the transfer of your assets . . .
Everyone over the age of 18 should have established some type of estate plan. Which plan is the best for you individual needs depends upon a number of factors . . .
A Qualified Personal Residence Trust (QPRT) allows you to remove your residence from your taxable estate while giving you the right to use it for the retained income period of the trust. However, there are several negative aspects to this type of trust . . .
Setting up a transfer on death (TOD) deed is one of the easiest ways to arrange for the transfer of real estate after death . . .
The San Diego Metro Area is one of the nation’s top-ranked areas for long life expectancy with a life expectancy of 80.7 years vs. the national life expectancy average of 78 years . . .
The estate planning process for high net worth individuals involves managing wealth and asset protection in order to transfer wealth to future generations . .
North San Diego County is home to many active adult communities that offer variety of amenities for retirees . . .
The many senior centers in the San Diego area offer the best in group activities for senior citizens to help keep the mind, body, and spirit active and engaged . .
If you should die without making a will in the state of California, your assets will go to your closest relatives under the laws of intestate succession . . .
Next-of-kin relationships become important under the state of California’s laws of intestate succession when it comes to determining your “heir(s) at law” if you die without a will in place. . .
If you’re widowed, divorced, or unmarried, setting up a living trust can help to reduce the anxiety and stress of not knowing what’s going to happen to your assets when you die. . .
An estate planning attorney provides advice and guidance when it comes to choosing the right estate planning option for maintaining your estate after your death or if you should become incapcitated. . .
Lack of communication seems to be the major problem that wealthy families have in preparing succeeding generations on how to handle inheriting significant wealth. . .
Developing strategies for preserving your wealth and keeping it in your family after death should be part of any successful estate planning that you’re considering. . .
A durable power of attorney lets you name someone to make decisions regarding your financial affairs and healthcare should you become incapcitated. . .
Just as important as making your wishes known regarding the disposition of your estate after death is planning for your end-of-life care. Advanced directives are legal documents that inform your family as well as your doctor about the type of medical care you want if you’re not longer able to so yourself. . .
During your lifetime you’ve probably developed close relationships with some friends that you may want to include when it comes to planning for your estate. While there is no legal issue with leaving property to friends and other non-family members, you need to have some type of legal document in place that outlines your wishes to do so…
While you don’t have to have millions of dollars in assets and property in your estate to be able to leave money to your children, you do need to have an estate plan in place to make sure that your assets and property are distributed as per your wishes upon your death…
The average cost of a funeral has increased by nearly 40% over that past decade, making funerals one of the most expensive purchases made by consumers. But, the cost of dying is about more than just funeral costs…
Making a will is one of the most important things that you can do, not only for yourself, but for your family as well. Unfortunately, many people discover too late that their elderly family member has not prepared a will. The question then becomes can they still legally do so…
Living trusts provide you with many benefits when compared to traditional wills. In addition to avoiding the time and cost of probate, they allow you to have all of your assets covered in a single document and to name your own successor trustee. But, there are some common mistakes that can end up preventing a trust from working in the way that it was intended…
Under the American Bar Association Code of Professional Responsibility, a lawyer has a professional responsibility to provide for some type of transition upon his or her retirement or in cases of death, disability, or disbarment. However, especially when it comes to small or solo firms, this is not always the case…
A living trust is an estate planning option in which your assets are put into a trust for your benefit throughout your lifetime. While the majority of your assets can be placed in your living trust, there are certain assets that you may not want to place in a trust…