Millennials and young professionals are more wealth management savvy than people may think. According to Wealthfront, an investment management group, millennials (roughly all young people born in the 1980s) have control over an estimated $2 billion in liquid assets....
If you have your own business, you will obviously want to protect it -- and this doesn't just apply to when you are living. You will also want to ensure that your business is in good hands and properly organized when you pass away. It is in this way that preparing...
Creating an estate plan is a tremendous first step for you and your family. Updating your estate plan and ensuring it covers all of the crucial areas that compose your life is even more important. But what does it all mean if you have this estate plan and your heirs...
Our source article for this blog post uses a nice hypothetical situation to illustrate why it is important to not only have an organized and thorough estate plan, but also why it is vital to update your estate plan over time. You can read the specifics in that article...
We've said it before, and it is important that we say it again: an estate plan is something that you should be organizing and preparing early on in your life. It's something you don't realize that you need until you really need it -- and then you will wish that you...
When someone passes away, their loved ones and family members will be grieving. It's a tough time for those close to the deceased, and no one truly wants to deal with the serious matters that need to be addressed in the immediate aftermath of a death. Estate...
Being able to give back to your community may be one of your estate planning goals and it is a commendable one. If you are looking for a legal instrument to help with charitable giving even when you are gone, a trust could provide that avenue for you. In California,...
If you have a will or are considering an estate plan, then you need to know about three actions that can be taken in regard to your will. You can revoke or change your will; and, if your beneficiaries or a person with a stake in your will is so inclined, they can...
You may have been given the role of "trustee" over someone else's trust. As the trustee, you are responsible for properly administrating the trust. This creates a legal duty called a "fiduciary duty." As the trustee it is very important that you administer the trust...
Probate is actually a simple process. It is the act of transferring someone's property upon their death. It may seem surprising for probate to be so simple because probate has a reputation of being a costly and difficult procedure. This is indeed true -- probate can...
