As you plan for your estate and what will happen if you’re badly injured or pass away, something you have to consider is the financial implications of the situation. It’s important that you prepare for the potential taxation of the estate and set up beneficiary...
Month: October 2020
Have you planned to reduce the taxes your estate will pay?
Planning an estate is often something people have to do multiple times during their lives. The circumstances you had when you were a young professional may be very different from those when you're getting ready to retire. As you age, you will likely acquire more...
What Happens After Someone Contests a Trust?
As you review your loved one’s estate plan, you may have concerns about its provisions. They may have set up a trust that they thought would protect their assets. Yet, the trust document may exclude certain property or contain details that seem at odds with their...
Caring for your loved one with special needs
Your estate plan can serve many purposes. For a person who has a loved one with special needs, the estate plan can help care for them when you aren’t around to take on this responsibility yourself. One option that you have to do this is a special needs trust. Your...
Don’t forget your digital assets when estate planning
As more of our life goes online, it is essential to consider what happens to your digital life when you die. Your estate plan needs to cover your digital assets, not just your physical assets. What does this mean? Digital assets are anything stored digitally. These...
A partnership agreements could help avoid business disputes
When you started a business, you always knew that one business litigation case could be enough to bring your business to its knees. However, you did not expect the litigation to come from your Burlingame business partner. Many partnership disputes come about because...