Together, we build lasting wealth.Protecting your hard work, for the generations who come after you.
I am writing this blog post to give a little more information about community property and separate property. These differences will explain why it is important to have a will or a trust in place. California is a community property state. This means that there are default rules imposed upon married couples in terms of their property and how it…
Entering the Estate Planning world can be overwhelming at times. Below I have outlined some ways to help you determine when you should be planning your estate. Asset Ownership: If you own assets such as real estate, investments, retirement accounts, or valuable personal property, an estate plan can help ensure these assets are distributed according to your wishes after your…
Hello all! Another post of mine has more information on what probate is, but here is a very quick review: Probate is a legal process that takes place after someone passes away. This is the process of appointing somebody to be the legal representative, gathering all the assets, paying any debts, and distributing the estate (if there is any to…
Hello – it has been a while. I just recently expanded my family, and this has kept me away. But I have also had quite a bit of time to think about estate planning and why it is important for my family. While it is scary to think about my impending death and planning for it, I know that it…
Cuando una persona se muere su propiedad no se transfiere a su familia automáticamente. Si la persona no hizo planes antes de morir o si el unico plan que hizo fue un Testamento sera necesario ir a Corte para transferir el título de la propiedad. Un juicio testamentario es el proceso mediante el cual el Tribunal/ La Corte transfiere formalmente…
There is no easy way to put it; this is about death and what happens after you die- so this post will be very blunt. WE ARE TALKING ABOUT YOUR DEATH and how to plan for it. Strictly speaking an estate is the property and assets that are left over when a person dies. And an estate plan is just…
As California opens back up and we return to a semi-normal existence ( I do not know that anything will ever be “normal” ever gain), I just wanted to take a moment to acknowledge that this past year has been interesting- to say the least. And for me it has been even a little more interesting, as I became a…
This past year, Redding, California experienced a devastating wild fire that grew rapidly within hours while people frantically tried to evacuate their home. Should something like this ever happen to you, your first priority should always be to keep your family and pets safe; ultimately, documents can be replaced. However, I recommend that documents be stored in a safe place…
I write this post because I was in line at the Superior Court Clerk’s office trying to file some documents for a case on which I am working. The clerk’s office is small so it is easy to overhear conversations with the clerk. I overheard a very young grandmother there with her three grandchildren stating that she had gone to…
With a desire to be prepared for the worst-case scenario, many adult children worry about their parents and asset protection. When approaching these sensitive subjects, I recommend total transparency; even with the best of intentions, secrecy can lead to trust issues with the closest of family members. This can be achieved by inviting your whole family over for coffee or…
