The average California family in 2017 is obviously quite different in many ways from those who lived in the late 1800s. Much has changed in America since then. Families face different types of challenges and have many more accessible resources on which to rely when...
Trusts
How trusts can be used to protect business assets in divorce
Most California couples enter their marriages believing their unions will last their lifetimes. This is obviously not the case for many spouses in this state and throughout the nation nowadays. Some people face particular challenges when they divorce, especially...
Why individual retirement accounts can’t be placed in trusts
Financial issues are usually complex and confusing for those with no formal background in the field. Many people in California hire financial advisers to help them manage their money and investments. Some rely on experienced estate planning attorneys as financial...
Those in California with special needs may now acquire trusts
President Barack Obama is currently undertaking his final duties as his second term as President of the United States comes to an end. He recently signed a bill that may affect many people with special needs in California and throughout the nation. The bill actually...
Trusts and dogs: Planning an estate to include a pet
Many people in California go to great lengths to document their wishes concerning distribution of assets after they die. Some, however, overlook the need to provide for their pets. Careful estate planning is a worthwhile endeavor that helps protect an estate owner's...
Revocable trusts may create false sense of security
Asset protection and minimization of financial risk are important estate planning topics addressed by many in California. Included in many plans are revocable trusts, which some consider a means of asset protection, while others say this is not the case. Because such...
Avoiding complications in estate planning
Many people in California and elsewhere do not realize the importance of planning their estates. There are countless stories of those who have died without having done any estate planning, thus wreaking havoc, chaos and stress among family members in the weeks and...
Managing property in California through trusts
Many California residents develop thorough estate plans to protect their assets and provide for their loved ones' future financial security. Some include trusts as a means of managing their property, in the event that they should no longer be able to do so because of...
A California resident can choose from many trusts
A will might not be enough for many California residents to meet their estate-planning goals. A trust might provide a better way to distribute their property and take care of their loved ones even after death. Fortunately, there are a variety of trusts from...
What do trusts do?
Many California residents know that a will is needed in order to dispose of their property upon death. However, this might not be the most efficient, cost effective or desirable way to transfer their property to heirs and beneficiaries due to a variety of...