Ensuring your affairs are organized and your loved ones are cared for when you're gone is a top priority. To protect your legacy, you need an estate plan. This is a set of legal documents outlining what will happen with your assets and financial affairs when you pass...
If you live in California, you may explore estate planning options within the state. It can be difficult to decide whether a will or a trust is the correct mechanism for you, as each has unique features and benefits. It's important to understand both options before...
The current record-high federal estate and gift tax exemptions are set to expire in 2026. Currently, people can gift a certain amount during their lifetimes, but these limits could be halved in 2026 unless Congress extends the duration or makes the amendments...
What is Probate Administration? How Does Probate Work in California? When is Probate Required in California? Probate vs. Non-Probate Assets Have you considered what will happen to your assets when you pass on? To whom and how you designate your assets prior to your...
What Is Prop 19 in Simple Terms? How Does Prop 19 Change Taxation of Family Property Transfers? Does Prop 19 Affect Inheritance? Does Prop 19 Affect Property Held in Trust? Is Prop 19 Retroactive on Inherited Properties? How Do You Avoid Property Reassessment in Prop...
What is an Estate Plan? Other Important Legal Terms to Understand The Importance of Estate Planning Estate Planning Checklist Estate planning is a necessity when it comes to protecting your loved ones and assets after your death. There is a lot to understand when...
What Goes Into Estate Planning At What Age Should You Start Estate Planning? The Importance of Starting Estate Planning Early Do You Need a Will or Trust? When to Update Your Existing Estate Plan Creating an Estate Plan in California When you think about wills, trusts...
When you ponder your estate planning options, there are myriad investment strategies to consider. Some are more lucrative and volatile than others, which can add to your confusion. Unless you have spent the past few years living under a rock, you have certainly heard...
When a loved one passes, it is important to be sure that their friends and family follow the decedent's correct will. This legal document determines who inherits what, as well as any other last wishes of the deceased. A potential beneficiary can contest a will if they...
The use of trusts has grown in popularity in recent years. Testators use this estate planning tool to minimize tax obligations and gain better control over their assets' distribution. One type of these that is popular among testators is an incentive trust. Its owner...
