When you execute a will, you do so with the hope that this effort will eliminate potential confusions and conflicts that may arise regarding who will inherit your estate when you die. Without a will, California intestate laws will kick in and determine who can inherit...
One of many things you’ll need to think about as you create your estate plan is what you want to happen to your remains. You can make any necessary arrangements, codify your wishes in as much detail as you like and arrange to cover the costs. If you wish your ashes to...
Many beneficiaries are eager to claim the funds or property they’re entitled to. However, you don’t feel the same way and wonder if you can refuse your inheritance. Possible reasons why you want to disclaim your inheritance include things like: You want to avoid...
Did you feel a little surprised when you remembered you must designate someone to take charge of your estate upon your death? The need to appoint an executor is something most people understand but somehow overlook when they first begin estate planning. You may feel...
One thing you’ll discover about estate planning is that it comes with many nuances. In other words, there is no one-size-fits-all option. While it is beneficial to create a will, it might not be all you need to protect your health wishes and reduce hardships for those...
Opening a small business is a great venture for some individuals. Ensuring that the company is taken care of if something happens to you can protect the employees, as well as your family members who count on the income. Consider these five components when you’re...
When you create a will, you do so with the hope that your wishes will be honored and that your hard-earned assets will pass down to the people and causes you care about. Without a valid will in place, California’s intestacy laws will kick in and determine what happens...
Often, married couples who have been together for many years, particularly in community property states like California, consider putting a joint will in place. They may (and should) still have other estate planning documents like an advance directive for health care....
If you are planning to open a new business, it’s important to think critically about your structural formation options. Under most circumstances, it isn’t lawful to operate a business within a state unless you’ve formally registered your operations. That initial...
Creating estate plan documents, such as a will, power of attorney and others, is important in ensuring your wishes are carried out after you pass away. However, estate plans are not a “set-it-and-forget-it” process. Your estate plan should be updated to reflect the...
