When it comes to planning for the future, individuals often overlook one essential aspect of health care: advance directives. These legal documents outline your preferences for medical treatments in case you cannot communicate your wishes. With the myriad of options...
Estate Planning
2 estate planning tips for new parents
Not many life experiences are as fulfilling as becoming a parent. But becoming a parent also comes with its share of responsibilities. Besides loving, providing and caring for your child, one of the most important steps you need to take is to include them in your...
Revocable vs. irrevocable trusts: which one should you create?
When you’ve worked hard your entire life and amassed considerable wealth, it is only sensible that you pass down as much as possible to the people and causes you care about. One of the estate planning tools you can use to manage and pass down your estate to your loved...
Planning for the future: Why having a living will matters
A living will, also known as an advance healthcare directive, is a legal document that outlines your preferences for medical treatment and end-of-life care when you cannot communicate them due to mental or physical incapacitation. It allows you to express your wishes...
Options for leaving your house to loved ones in California
Leaving your house to your loved ones in California can be an important and thoughtful decision. However, the process of transferring ownership can be complicated and confusing. Here are some important steps to take when leaving your house to loved ones in...
3 reasons young adults should have an estate plan
It’s often perceived that estate planning is only for the elderly and people with money. Because of this, many young adults don’t consider having an estate plan. However, there are many advantages to developing an estate plan at any age. Here are some things you...
4 common myths about planning your estate
People have been planning their estates for centuries. Like many things that aren’t commonly known or taught, it's very likely you’ve heard a myth or two about the estate planning process. To ensure you’re making the right decisions when planning your estate, you...
Does your estate include digital assets?
One of the first steps that many people take when they decide to do estate planning is simply that they go through and make an inventory of everything that they own. You probably have a general idea of your assets, but it can be helpful to see if there’s anything that...
Should you keep some assets out of your will?
Most people understand the importance of creating a will. Better still, most people know the process of creating a will. However, it is not uncommon to ask what you should include in your will and what you shouldn’t. Well, you might be surprised to learn that not all...
3 steps that can help your estate avoid probate
Probate is a legal process your estate undergoes after you pass on. During this procedure, a court will validate your will and authorize your executor to distribute your estate to the right heirs and pay any debt or taxes your estate might owe. That being said, the...