Building generational wealth is a significant achievement. Understandably, preserving it for future generations requires careful estate planning. Without a solid plan, wealth accumulated over a lifetime can quickly diminish due to taxes, legal disputes, mismanagement...
Estate planning is something that many adults know they should handle, but that they often put off as long as possible. The fact is that if you need to create an estate plan, you should get it done as soon as possible. If you’re embarking on the estate planning...
Some people have very basic estate planning needs. They may only require a will to allocate their property to others and name people they trust to handle certain tasks after their passing. Other times, people have more complex financial and family situations that make...
Property rights don't instantly end when someone dies. Technically, individuals retain certain property rights even after their death, as they can leave behind documents describing what they believe should happen with their most valuable property. The decision to...
Most adults, especially those with children, readily acknowledge the importance of estate planning. However, the vast majority of those adults have likely procrastinated thus far. Only about one out of three adults has an estate plan on record. The other two-thirds...
Life insurance provides peace of mind for a policyholder and practical support for grieving loved ones in the wake of a policyholder’s death. Parents, spouses and those with major student loan debts often choose to purchase life insurance to protect the people that...
Estate planning can encompass many different matters related to finances and healthcare. To avoid probate problems in California courtrooms, an estate planner might carefully look over their assets and decide what to leave their beneficiaries. Estate plans could be...
Your California family home not only represents a good portion of your wealth but also provides you with a place to live as you grow older. You may want to pass this asset on to your children or other heirs or use the property to finance your long-term care in your...
Estate planning is a critical step for anyone who wants to ensure that their assets are distributed according to their wishes after they pass away. For California grandparents, estate planning is important, as they may have specific goals and concerns they need to...
If you have a life insurance policy, there's a good chance you've considered how to leave your loved ones with the financial security they need if something happens to you. You can further enhance this security by creating a life insurance trust in California....