You may find that estate planning is not quite as common as you may have assumed. It makes sense that everyone would want to write an estate plan eventually, but studies tend to find that only about a third of Americans have actually done so. Most people do not have...
Year: 2025
Do your parents need a power of attorney?
As your parents are getting older, you may realize that it is time to have some important conversations about estate planning. Specifically, you may be wondering if they need to use a medical power of attorney or a financial power of attorney. Both of these documents...
A discretionary trust provides flexibility
If you put money into a trust when making an estate plan, you can have some say in how the beneficiary uses the money. For instance, a grandparent may consider putting money in a trust for a grandchild’s eventual college education. One issue with trusts is that they...
Estate planning for digital assets
Most estate planning revolves around tangible assets. This includes money that people have in bank accounts, real estate that they own and much more. It can even include collections, family heirlooms and home furnishings. These days, however, people own more and more...
Add a simple step to your California estate plan
Some people who have smaller estates with fewer assets attempt to use a simple will to address their estate. They may not have enough property and resources to need a trust to dispense their worldly goods. But situations can crop up where a will falls short of the...
What you need to know about estate planning and wills
Creating a plan for your property and your wishes brings clarity for you and your loved ones. A thoughtful plan can spare your family confusion and delay during a difficult time. It also helps you protect children and dependents long before any emergency. Getting...
Why everyone needs an Advance Health Care Directive
There is perhaps no more personal decision than the type of care you wish to receive as your life dwindles down. Some folks want to pull out all the stops — full code, artificial respiration, feeding tube, etc. — while others prefer only palliative care and go DNR....
Key items to have when planning estates and executing wills
Estate planning sees to it that the assets in your will are distributed and managed according to your wishes while also protecting your family from unnecessary stress. Many people delay this process, but planning ahead provides clarity and peace of mind. Whether you...
What are trusts and how do they work in an estate plan?
All adults should take the time to create an estate plan, but it’s not something that most want to do. Getting it together means making decisions about things like your assets and who you want them to go to when you pass away. There are two primary options for doing...
Does your estate need to go through probate?
Movies have left many people with the impression that beneficiaries receive their inheritance as soon as the will is read. However, that is rarely the case because, when someone dies, their estate typically has to first go through probate. What is probate, how long...

