Understanding the New Rules for Inherited Retirement Accounts
The landscape of estate planning has undergone significant changes in recent years, particularly concerning inherited retirement accounts. As of the recent Internal Revenue Service (IRS) ... Read More
A Forgotten Form Costs $1 Million: Lessons in Estate Planning
When it comes to estate planning, the devil truly is in the details. A recent case involving a $1 million retirement account underscores the importance ... Read More
What is the Probate Process in California?
Probate is the legal process for authenticating a deceased person's will, reviewing their assets, paying their outstanding debts and taxes, and distributing what remains to ... Read More
Is a Handwritten Will Valid in California?
A handwritten will is also known as a “holographic” will in California. Under California Probate Code Section 6111, holographic wills are considered valid even if ... Read More
Digital Assets and Estate Planning
When people establish their estate plan, they often think about their physical assets. However, there’s no doubt we do more and more online each day. ... Read More
Protecting Your Legacy: The Case for Encouraging Adult Children to Establish a Separate Property Trust
As parents, ensuring the protection and preservation of our hard-earned assets for future generations is often a top priority. However, traditional estate planning may not ... Read More
Why Parents Should Consider an Estate Plan for Their “Adult” Children
In most states, when your child turns 18, it might be hard to imagine that little child who once needed you for everything has now ... Read More
Understanding FDIC Coverage on Trust Accounts: A Crucial Aspect of Estate Planning
When it comes to estate planning, ensuring the protection and distribution of assets is paramount. Trusts are a popular tool utilized to safeguard assets and ... Read More
