Individuals with mental, physical and developmental disabilities often lack the financial ability to care for themselves. If your adult son or daughter cannot work because of a disability, he or she may struggle to pay basic living expenses and medical costs....
estate planning
When should you write or revise your will?
As long as you are a legal adult, it is never too early to early to write a will. However, there may come a time when it is too late. You could die unexpectedly or lose the mental competence to write a valid will due to an injury or illness. According to U.S. News and...
Does your estate plan include advance care planning?
Whether due to old age, progressive disease or a sudden injury, when an individual is no longer able to communicate his or her medical wishes, advance care planning helps provide loved ones and health care workers with crucial guidance. If your estate plan does not...
Estate planning statistics that might shock you
While the common thinking is that you should develop your estate plan regardless of age, health or wealth, not everyone follows this mantra. In fact, it’s easy for most people to ignore the need for an estate plan and continue to push it off to some nebulous future...
Should you include your digital footprint in estate planning documents?
In recent years, people have moved much of their personal interactions to digital space. From sharing vacation pictures on Facebook or Twitter to uploading a video of a grandchild’s first steps to YouTube, more and more people find themselves occupying digital real...
Will I have to pay an estate tax or gift tax in California?
Taxes can be one of life’s most obtrusive burdens. It’s only natural for that worry to carry over to estate planning. For many people, an estate plan is about preserving their legacy by providing support to loved ones. This might include prized heirlooms, the...
What differentiates wills and estate planning?
Although you may use these two terms interchangeably, their processes are entirely different. However, they do have some similarities. A will guides your kin on how to manage your property once you are dead. On the other hand, estate planning gives them instructions...
Is this a good time to update your estate plan?
Are you a California resident with an estate plan? If you have not updated it in several years, you may be wondering if now is the time to do so. Today we will look at some of the most common reasons people change or update their estate plan. However, know that you do...
What are some estate planning concerns for widows?
Women have some special needs when it comes to estate planning. It is common for women to live longer and therefore outlive a spouse. Because of this, the bulk of the marital estate is usually left in her hands. This means that what she does with her estate plan...
Is this a good time to update your estate plan?
Are you a California resident with an estate plan? If you have not updated it in several years, you may be wondering if now is the time to do so. Today we will look at some of the most common reasons people change or update their estate plan. However, know that you do...