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California residents may have their primary residences and business holdings in California, but many of them are citizens of the world or digital nomads with other homes, businesses, and assets located around the world. While having the ability to increase wealth or...
There is a lot to think about when going through a divorce in California. Since nearly everything earned or acquired during marriage is community property, couples need to inventory everything they have so they can split any community property equally. Determining how...
Creating an estate plan is important for adults in California because it can ensure that a person's assets go to the individuals chosen by that person. It can also ensure that dependents are cared for and that there are plans in place in case a person becomes...
California estranged couples may experience negative financial and emotional consequences regardless of when they end their marriages. However, it may be more difficult to overcome the consequences of a divorce that occurs closer to retirement age. Therefore, it is...
If you are looking for a way to retain control of assets and obtain estate tax advantages, you may want to consider a self-settled trust. With self-settled trusts, those who live or own property in California or other states can name themselves as the beneficiary to...
Anyone going through a divorce hopes to emerge with the highest credit score possible since they may need that to find a new place to live and to generally begin again in life. However, California residents may find that things that happen during the divorce threaten...
On January 23, 2020, the California Supreme Court issued a much-anticipated opinion affirming the standing of beneficiaries disinherited by a later trust amendment to challenge that amendment in probate court. The Supreme Court stated unequivocally that “when a...