Estate planning involves not only making arrangements to care for your loved ones, but also expressing your wishes in case of your own incapacitation or death. You can create an advance health care directive to express your desires when facing end-of-life issues.
According to a 2018 study by EstateExec.com, on average, settling an estate takes the executor about 16 months or approximately 570 hours of effort. Being appointed as the executor of an estate is a great honor that comes with huge responsibilities.
According to a new Caring.com survey, only 32.9% of U.S. adults currently have estate planning documents such as a trust or will. Settling the final affairs of a deceased person and distributing their assets to inheritors without a will, trust, or estate plan can bring about several challenges.
When it comes to the process of probate, many people are unfamiliar with what it is and how it works. Whether you are planning your estate or have recently lost a loved one and dealing with the probate process, having an experienced attorney guiding you through the process and educating you on important probate terms can help.
Estate planning is not just about setting up wills and trusts to care for your loved ones when you’re gone. It’s also about preparing for the unexpected surprises in your own life, especially when it comes to your own health.
There are so many resources online that show you how to do everything from making a gourmet dish to refinishing a piece of furniture. While some things are worth embracing the “DIY spirit” and doing yourself, writing your will on your own is not one of them. What...
Your children are grown up and out of the house. You are proud of how independent they have become, but you are still their Mom or Dad. You want to be there to help them if they ever need it. When your kids were teenagers, you had parental rights over them that...
Disabled Californians rely on public benefits payments to support them in their daily lives. Receiving a large sum of money as an inheritance, however, can put those benefits at risk. In these cases, establishing a supplemental needs trust could give them the funding...
The news often reports about persons in the public eye with fortune and fame that die suddenly without a will or with a terribly outdated estate plan. Because the celebrity with high net worth failed to address who will inherit their assets with a will or trust that...
Real estate is often among the most valuable assets we own. A house purchased a few decades ago may have ballooned in value, making it worth far more than you could have ever imagined. The question is: What should you do with it long-term? Many older adults want to...
