If you have a child who has a disability, you may have some deep concerns about his or her ability to work. Not being able to pursue gainful employment, of course, may lead to a lifetime of financial insecurity. Fortunately, from Medicaid to Supplemental Security...
Estate Planning
What happens if you die without a will in California?
According to The Conversation, an astounding 68% of the U.S. population lack a will. Many people put it off, believing they have plenty of time to do so since they are young. However, according to a group convened by the National Academies of Sciences, Engineering and...
Should you leave your ex-spouse in your estate plan following divorce?
When you get a divorce, one of the first things you’ll do is update your estate plan to remove your spouse from it. Your now ex-spouse usually will not remain in your estate plan unless there is a specific reason that you would like to keep them on as a beneficiary in...
Estate planning to protect your children
If you are a parent, you will want to make sure that your children are always financially secure, no matter what age they are. Therefore, when you start planning your estate, it is likely that this will be your biggest priority, especially if your children are still...
Can you choose to disinherit someone in a California estate plan?
You have worked hard and made difficult decisions throughout your life to build up your financial resources. You may have skipped going on vacation for years so that you could put that money aside for your retirement instead. Those assets you've acquired during your...
How can estate planning protect your assets?
The property you have invested in throughout your life probably has some emotional significance for you. If you are like most working adults, you probably also hope to leave those assets to someone that you care about when you die. Unfortunately, many people...
When you should update your estate plan
Many California residents know that estate plan updates are almost as important as the original document. This point is relevant because many changes happen in the lives of testators after creating an estate plan. When these changes occur, alterations to an estate...
Using your estate plan to control your medical care
It's the scenario everyone hopes never happens: going through a medical emergency and being unable to speak for yourself. If this ever happens to you, do you know what your doctors and family will do? Will their decisions about your medical care be the same you would...
How do pour-over wills work?
When you created your revocable living trust, you likely transferred most of your assets to its ownership. Yet, you may have left certain assets out of your trust, whether by accident or on purpose. You will want to make sure, though, that these assets pass on to the...
4 things to look for in an executor
Preparing for your time to go isn't always fun. Fortunately, it can give your loved ones some relief when the day comes. Before you die, you will want to name an executor to look after your estate. This person will be managing your assets and liabilities,...