Whether an irrevocable or a revocable trust works best for your purposes will depend on your objectives for creating one. Consider tax benefits, ownership, flexibility and debt when deciding between the two. While both trusts efficiently distribute assets to your...
Affordable,
Client Centered Legal Services
Estate Planning
How should you approach someone about overseeing your estate?
A critical component of an effective estate plan is naming someone to be your executor. Without a trusted individual to oversee the closure of your estate, your plan may lack the support to work the way you intended. Approaching someone about his or her willingness to...
3 important estate planning steps
Estate planning can seem like a complicated task, but it does not have to be. In addition to writing a will and possibly setting up a trust depending on your circumstances, there are a few key steps you should consider in your estate plan. 1. Name an executor The...
Unmarried people have unique estate planning needs
Not everyone is in a marriage with two or three kids. Residents of San Diego and other areas of California may want to learn more about estate planning when it comes to those who are single. Certain documents may be a priority when or if the single person is unable to...
Items for your estate planning checklist
Estate planning is best done sooner rather than later. California residents will want to be prepared in the event of death. If you aren't sure how your estate should be managed after your passing, then start with this estate planning checklist. Here are some general...
Why every California resident needs estate planning
Like many people, you may have been putting off estate planning because you think that you're not wealthy enough. However, estate planning is for everyone. Read on to discover the importance of estate planning and why it is vital for you and your family regardless of...
Why might you need to update your estate plan?
If you own property in California, it may be a good idea to create a will or trust. It may also be a good idea to designate a financial agent who can manage your assets in the event that you can't do so yourself. If you have already created a will, a trust or other...
Manage and protect your assets as you age with a revocable trust
Young families in California may wonder when to begin planning their estates. With many options and tools that are available, placing your money in a revocable trust provides peace of mind. A trust dictates how to distribute your accumulated wealth in the event of...
An overview of revocable trusts and benefits
Estate planning in San Diego, California, helps a person control how their assets get handled before and after their death. Most people think of estate planning as only wills, but it can include trusts as well. There are several types of trusts, and a popular type is...
How to determine if your will is valid
There are many reasons why a will may be invalidated by a California judge. For instance, the document may have been signed by individuals who were not eligible to serve as witnesses. It's also possible that an heir will successfully challenge the document on the...