Some Californians think that a last will and testament will cover everything when the time comes to leave accumulated wealth to heirs. While a will is an integral part of estate planning, this document doesn't work well in some situations. Limitations of a will...
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San Francisco Estate And Family Law Blog
Understanding property and debt division in divorce
If you and your spouse are considering divorce, understanding the basics about debt, marital and separate property can help you during your negotiations. California laws have specific rules about each, requiring you to abide by them so that you can divide your...
Divorce and qualified assets
When it comes to divorce in California, untangling finances is one of the most difficult parts of the process. Special assets like 401(k) accounts and IRAs can prove very complex, and managing their division can involve large tax bills if not handled correctly....
Advantages and disadvantages of revocable and irrevocable trusts
If you are creating an estate plan in California, you may wonder whether a trust would be a useful tool for you. One of the first things you will need to decide is whether you need a revocable or irrevocable trust. Changing a trust One of the major differences in the...
Divorce when you have a medical practice
In California, divorce is usually a difficult process for everyone involved. It can be especially challenging when there's a medical practice involved, and it's marital property. The good news is that it's possible to get a desirable outcome if you find yourself in...
Preparing for mediation: The pros and cons
One of the options couples in California can have to resolve their divorce issues is mediation. When they choose it, they attempt to resolve their issues, such as division of property, child custody, and financial support, out of the courtroom by working with a...
How to manage your life insurance during a divorce
While going through a California divorce, you have many things to consider. One of them is something most people don’t think about, life insurance. Managing your life insurance can make things easier. Review your life insurance policy During your divorce, you may want...
3 basic things you can do with your estate plan
Many California residents haven’t even completed a basic will, let alone set up other estate planning documents like powers of attorney or trusts. If you have some assets and a family, you may want to start thinking about your estate plan. Here are a few of the basic...
Child custody when a parent passes away
When a custodial parent passes away, the parent who does not have custody of the child and other relatives will likely be concerned about who will receive custody. Loved ones who want to help should learn about the correct procedures to follow with the family court to...
Join Our Generational Wealth Planning Seminar
Johnston, Kinney & Zulaica LLP's Managing Partner, Yulissa Zulaica, is teaming up with Brio Financial Group for an hour long virtual session on December 3, 2021 to discuss generational wealth. One would think that giving money away would be easy but there are...