You were still a team when you and your spouse drafted your estate plan. Now you are getting divorced and your plans for the future must change. Meanwhile, you might be wondering if the structure of your estate plan will affect how your property will get divided up...
If you are in the middle of a divorce, you may have noticed a decline in your mental health. After all, according to Psychology Today, ending a marriage can cause an uptick in anxiety and depression. Because you need to be in an emotionally healthy place to manage...
If you are going through a divorce, you are probably looking forward to putting the entire matter far behind you. Still, to improve your chances of achieving the outcome you desire, you must be thinking clearly. After all, you are going to have to make dozens of...
The estate tax is a tax imposed on a person's assets after death. California does not have an estate tax, but there is still a federal estate tax that might need to get paid. In preparing your estate plan, you should determine if your estate will owe tax and how to...
If you are going through a divorce, you undoubtedly know the extreme toll it can take on a person's physical and emotional health. After all, divorce is stressful, and stress tends to lead to negative health outcomes. Indeed, according to Healthgrades Marketplace,...
If the time is right for you to create your estate plan, there are certain elements to consider. Here are four common mistakes you can avoid and retain estate planning control. 1. Forgetting about long-term care The cost for home health care aides averages $50,000 per...
An executor plays an important role in your estate plan. This person assumes the responsibility of closing your estate at the time of your death. Considering the number of responsibilities an executor oversees, you will want someone you trust to fill this role....
A divorce is an ideal solution when you are involved in a toxic or combative relationship. However, when you have children, you still have to work with him or her to parent your kids effectively. Co-parenting is not an option for all parents. If communication between...
An estate plan can help you plan for the future. With a well-written strategy, you can maintain control of your assets despite incapacitation or other serious changes in your life. Keeping your plan updated will guarantee it continues to operate the way you intend....
The court may order one party to pay the other spousal support in a divorce. There are options for the court to order temporary payments or permanent payments. The court considers numerous factors in its determination to require one party to pay the other spousal...
