State and federal laws impacting estate plans have been in flux for years. One of the most important changes for California residents happened in July when Governor Gavin Newsom signed a bill into law that closed loopholes for out-of-state incomplete nongrantor trusts. This
As an entrepreneur, your job is more than just a source of income. You invest effort and money into your business to build an organization that will live on after you. Your company can be part of your legacy and support your loved
When most people start drafting estate plans, they think in simple terms. This account goes to that person, or that much money is donated to this organization. However, when you start digging into the process, you’ll quickly realize that actual estate plans are
If you have children, own a California home or have a retirement account, it’s in your best interest to have an estate plan. In fact, it may be a good idea to have an estate plan even if you don’t have any assets.
Estate planning is something that one must do long before it’s actually needed. Unfortunately, many people in California wait until it’s too late to have any kind of conversation about their estate plan with their loved ones. This can lead to a lot
If you have been looking into estate planning in California, you may have come across a revocable trust. Many financial advisors and attorneys suggest that this is one of the most powerful tools you need whether or not you have assets and beneficiaries.
Estate planning with a revocable trust gives you tremendous benefits in California. The revocable trust, however, shouldn’t be confused with an irrevocable trust. In some cases, it’s best to have a trust that no one, not even the creator of it, can change
Keeping the passwords to cryptocurrency wallets secret is a smart idea. If a password fell into the wrong hands, all the virtual cash could disappear. However, without the password, leaving all that cryptocurrency to a beneficiary might be a hollow gesture. The California
Many California residents procrastinate with estate planning. However, estate planning is a good idea for adults of all ages since the unexpected could happen. People who write estate plans can also use them to ensure that their beneficiaries get the maximum possible amount
Estate planning helps individuals living in Hayward, California, to ensure that their assets and property are well taken care of if they die. Why? Because without proper estate planning, the properties may not be taken care of to the extent intended. Read below
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