Trusts are valuable estate planning tools that offer numerous potential benefits, such as avoiding probate, reducing taxes, protecting assets, and ensuring that beneficiaries can inherit assets with minimal…
Probate is the process by which an individual’s estate is administered after their death in California. The probate process involves submitting the decedent’s Last Will and Testament to…
Most people realize that a Last Will and Testament provides guidance for how an individual would like their liabilities and assets to be distributed after their death. This…
There is so much to do when you move: packing, house hunting, turning utilities off and on, updating your address, and many more tasks. One thing you may…
According to the National Council on Aging (NCOA), 75% of individuals will likely need assistance from someone else regarding their medical decisions. Establishing medical directives can help improve…
When an individual passes away in California, a probate court determines whether their Last Will and Testament is valid. This process protects decedents’ estates and their designated beneficiaries…
Whether an individual is actively planning their estate or just looking for ways to decrease their tax burden and increase what they can leave behind for loved ones,…
Individuals often establish trusts to help reduce or eliminate taxes so that their loved ones receive as much of the original estate as possible. Learning about the tax…
What Is an Irrevocable Life Insurance Trust? One helpful estate planning tool is an irrevocable life insurance trust, which offers several benefits, such as protecting beneficiaries from paying…
Natural disasters such as floods, tornadoes, and fires can happen suddenly and can have a significant impact on an individual’s assets. According to the National Centers for Environmental…
Probate can be a time-consuming and expensive process. Many cases are not settled until 18 months after someone’s passing, and this is for a typical case that does…
