No one expects to suffer debilitating injuries from a vehicle accident or to fall into a coma that could last indefinitely. However, if the unexpected happens, your powers of attorney (POA) for healthcare and finances will provide the assistance you need. When is the...
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Estate Planning
How will the court divide property during divorce?
When you and your spouse decide to split up, you may not have much insight into the process. A commonly divisive issue that comes along with it is how you and your spouse will divide finances. The court prefers spouses to compromise, but that cannot always happen. As...
How can choosing the right executor help during probate?
Understanding the importance of choosing a respectful and thoughtful executor is key for you and any beneficiaries in your life. After you die, you want to have a person who knows your wishes and what to do next. Taking time to understand the weight of this choice can...
How do I choose the right personal representative for my estate?
When you begin the estate planning process in California, you will appoint a personal representative to act as the administrator of your affairs upon your death or incapacitation. Choosing the right person for the job is essential for making sure your end-of-life care...
Why do siblings litigate over probate?
When sibling rivalries grow wildly out of control, it can result in major problems for everyone involved. This is especially true when it comes to matters involving the assets or estate of parents, as is the case with probate. Some sibling rivalries can even escalate...
What do you know about advance directives?
As you assemble your estate plan, you may encounter terms and estate planning documents you know little about. For instance, are you familiar with advance directives? The American Cancer Society breaks down advance directives as estate planning documents. Learn how to...
Why are senior citizens so susceptible to undue influence?
If you have elderly parents, you may want to encourage them to put their financial affairs in order. After all, creating a comprehensive estate plan is one of the more effective ways for them to maintain control over end-of-life matters. You can probably trust your...
Should you include a trust in your estate plan?
When you think of estate planning, your mind likely goes to will creation. While wills are an essential part of legally-binding estate plans, living trusts are also beneficial. Despite popular sentiment, trusts are not only for the very wealthy. People with moderate...
What do you know about talking to your parents about their estate?
Recently, your parents shared their dreams and goals for retirement. You want your loved ones to enjoy their golden years, but you also want to ensure they plan their estate with the same care they used to plan their retirement. Business Insider shares tips for...
Estate planning considerations for second marriages
Estate planning is a critical aspect of planning for the future. Even if documentation is already in place, second marriages cause the need for change. According to the Pew Research Center, remarrying is on the rise for individuals aged 55 and older. Those within this...