What is the difference between a revocable and irrevocable trust? The answer to this may seem obvious. If your trust is revocable, it can be revoked, amended, or changed. If your trust is irrevocable, it cannot be revoked, and the terms within are absolute. What does this really mean? And why would you want an […]
Continue reading …
It’s a New Year, and it’s time to get things organized. If your estate plan is complete, go through this checklist for some follow up steps to consider. If your estate plan is not complete, make it a goal for the New Year. □ Review your existing plan. Do you remember who you named as […]
Continue reading …
Recently I have attended presentations and read various articles and campaigns spreading awareness about elder abuse. It is valuable information that must be passed on. There are different types of abuse that can occur, but in this article I’m particularly focusing on financial elder abuse. An Example of Financial Elder Abuse Kelly Phillips Erb, tax […]
Continue reading …
I do not have children of my own yet, but I have a younger brother in college that has had me thinking about the need for young adults to take steps to protect themselves. My brother Stephen is an active 22 year old. He’ll go out boating, cliff jumping, to music festivals and travelling on […]
Continue reading …Health Care Directives – One of Life’s Most Important Decisions California law provides individuals with the ability to document their health care wishes in the event they are unable to make health care decisions themselves. This may include documenting authorizations for organ donations, documenting the type of care and treatment you would want to receive, […]
Continue reading …
I don’t know about you, but I’m at the age where I’m considering different anti-aging skin products, and am always looking for ways to stay young, fresh, and healthy. This month I’m stopping to ask myself what is so bad about aging? Instead of trying to beat it, we should embrace it! Healthy Aging Month […]
Continue reading …
What do you do when you are named the executor in someone’s Will and need to administer their estate after their death? A probate may, or may not, be needed. Depending on the amount of assets in the estate, and whether or not the decedent also had a funded trust, an attorney can help you […]
Continue reading …You may choose to leave your estate to your child at your death. However, concerns may arise in doing so. Is your child financially unstable or irresponsible? Is your child a minor? Is your child involved in a lawsuit or bankruptcy? Is your child going through a divorce? Is your child receiving government benefits due […]
Continue reading …
During the purchase of a new home you will be asked during escrow how you would like to take title to your property. In California, title may be held in sole ownership, or co-ownership. If it is the sole ownership of an individual, a common way to hold title may be as a “single man/woman”, […]
Continue reading …
With summer just around the corner, this month I’m trying to better my health to be in the physical and mental shape desired to best enjoy our warm and active months in San Diego. In May there are many awareness campaigns to help us all better our health, and the health of our loved ones. […]
Continue reading …
A will is a written document with instructions for disposing of assets after your death. Your will is enforced through probate court. A revocable living trust is an entity you create that can hold your assets for disposition after your death. In both documents you will write your instructions for the disposition of your estate, […]
Continue reading …
Creating your revocable living trust is the first step of your estate planning. Once you sign your trust, however, there is additional work to be done. A trust needs to be funded with the property you want the instructions in your trust to apply to. Simply attaching a list of your assets as a schedule […]
Continue reading …Socialize
Featured Business
Featured Business
Recent Comments