Living wills are legally binding documents that stipulate the kinds of medical procedures you'd like when faced with a life-threatening injury or illness. These documents are a crucial part of the estate planning process, and without one in place, your friends and...
The probate process involves gathering and distributing the assets of an estate under court supervision. Because of its lengthy, costly reputation, many individuals take steps to avoid the probate process with careful estate planning. These strategies can help you...
When estate planning, you'll need to decide what to do with proceeds from retirement accounts and life insurance policies. In this case, beneficiary designations determine who receives these assets after you die. It's important to understand how beneficiary...
A power of attorney is a representative you choose to handle financial and medical decisions should you become incapacitated. Making the right selection is crucial to ensure medical staff and family are fully aware of your decisions, while also making certain that...
There are many different reasons why it becomes necessary for people to go over their estate plan, whether they split up with their spouse, they want to remove a beneficiary or they adopt children. However, business issues, such as starting or closing a business, can...
When your parents move to an assisted living facility or pass away, you can be left with many personal items you have no room or use for. What can you do with the extra furniture, china and silver, clothing, jewelry and knick-knacks that your parents left behind? Like...
You may have resigned yourself to the notion of having your estate taxed as being an inevitability. Many in San Jose come to us here at with the same assumption, as well as concerns that having to pay tax will leave little to go their...
In all likelihood, you have some pretty specific ideas about the type of medical care and treatment you want and do not want at the end of your life. But who will carry out your wishes when the time comes if you are too ill or incapacitated to make your wishes known?...
With more people in California over the age of 75 accruing credit card debt and mortgages than in previous decades, it is becoming increasingly likely that you may leave debts behind for your heirs rather than assets. If you are in debt, it can be difficult to look...
Running a family business comes with a lot of day-to-day demands. So, the owners of such companies may have their thoughts fixed on the present. However, it can be critical for such owners to also plan for the future. This includes having plans for what will happen...
