When creating your estate plan, it is important to include documents that not only cover what happens after your death but also your end-of-life plans. You may end up in a situation where you need care but cannot make decisions for yourself. Luckily, there are legal...
Month: July 2021
Is it time to update your estate plan?
Too often, people fall into the trap of crafting a comprehensive estate plan and then leaving it locked away in their safe deposit boxes for years and decades to come. In fact, individuals should review and revise this set of documents at regular intervals to ensure...
Understanding estate tax portability
The deeper people in California get into the estate planning process, the more they recognize that there are a number of opportunities available to them to avoid certain expenses and retain assets for their beneficiaries. Examples of this include making plans to avoid...
What should you know about DIY wills?
It is crucial to have an estate plan ready in the event of your death, and a will plays an important role in it. But despite this, statistics show that the majority of Americans do not have any will or advanced directive. Instead, more people turn to the modern...
Who should you choose for your power of attorney?
While many people do not like to think about what could happen should they become unable to make decisions for themselves, having a power of attorney is an essential part of good estate planning. Without proper documentation in place, you could run the risk of losing...