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Estate planning for new parents in California isn’t complicated. Some parents see the adjustment of their estate plans as necessary for their newborns. Children are certainly a reason to update your financial portfolio. Your children might even lose you prematurely,...
Pet owners in California know that their animals have unique personalities and needs. It’s not uncommon to recognize a pet in estate planning documents. After all, you want to make sure that your beloved dog or cat ends up being cared for by the right person if...
As a grandparent living in California, estate planning is important to you. You want to be sure that your grandchildren receive proper care in the event of your death or incapacity. However, there are many different estate planning strategies that you should consider...
When California residents get divorced, one thing they should not overlook is their estate plans. Estate plans should be reviewed whenever people undergo major changes in their lives, including ending their marriages. If people fail to review and update their estate...
You may or may not experience a time of incapacity in your life, but it is good to make plans as if you will. If you are in a car accident or become very ill in California, you may be unable to make decisions about your health care and finances. To make certain that...
If you have recently moved to the state of California, it is generally in your best interest to review your estate plan. This is because the laws in this state will likely be different than those in the one that you just relocated from. Therefore, you may need to...
While most California residents have heard about the importance of writing a will, the majority of residents have yet to write one. Research has shown that only 40% of people across the United States have completed their wills. Some people have given up on a will...
A charitable trust offers private donors a great deal of flexibility in terms of where their donations will go and in what time frame. If you are considering setting up a charitable trust in California, it's a good idea to start with your goals. A charitable trust is...
Planning your estate in California doesn't have to be a long, tedious experience that you dread for years. If you look at it the right way, estate planning can be a rewarding experience that allows you to plan for the future and protect your family members at the same...
As many California residents experienced a significant drop in income in 2020 along with the uncertainty over estate tax rates in the coming years, some have begun to look for additional ways to protect their current wealth. While some may think that setting up a...