While many people consider the development of a comprehensive estate plan a single event, many others realize that it is made up of numerous evolving documents that should be regularly reviewed and updated. In general, financial experts agree that an estate plan...
Month: May 2021
Preparing for incapacity with advance care directives
Unexpected injuries, sudden illnesses, the advancement of medical conditions and various other factors may cause physical or mental incapacity for people. Consequently, even the healthiest of people may find themselves unable to make decisions for themselves or to...
How should you plan for estate taxes?
The estate planning process in California presents you with several opportunities to preserve assets to pass on to beneficiaries. This includes setting up a trust to avoid probate or putting plans in place to settle debts prior to your death. You may think, however,...
3 common misconceptions surrounding probate
Probate is a process you may seek to avoid. It has the potential to create a great deal of hassle for your heirs. It is also surrounded by many fallacies. These need dispelling before proper estate planning may occur since probate is a major consideration when...