When a married couple decides to divorce, the division of assets, including a family business, becomes pivotal. Valuation, ownership and communication are key factors in navigating this complex process. Ultimately, seeking professional assistance and prioritizing the...
Some estate planning tools, like living trusts, can help with estate distribution and asset management. This option works by having a trustee overseeing your estate until later, when it is time for distribution. Unlike other trusts, the terms and conditions of this...
When it comes to securing your family's future and ensuring they honor your wishes, having a comprehensive estate plan in California is important. Although everyone has different circumstances, most estate plans include a few basic ingredients. 1. A well-defined will...
Whether you have a will or not, the law has specific procedures to properly deal with your estate's administration. A vital step in this process is appointing someone to represent your estate. This person is usually responsible for completing necessary tasks for both...
Estate planning plays a vital role in financial planning, particularly when you want to control how others handle your assets after your passing. Trusts often come into play in estate planning, helping manage and distribute assets. In California, you have access to...
Gray divorces are becoming more frequent today than ever before. A gray divorce is a term for two older people who decide to divorce later in life. Divorcing later in life is usually because a couple stays together for their children. They wait until their children...
Estate plans are essential, as they ensure your loved ones have access to your assets after you are gone. As a result, virtually everyone must have an estate plan in place, regardless of their financial and family status. When developing an estate plan, you must also...
Society’s general perceptions of prenuptial agreements lead many to resist the idea of signing one. The fact is that prenuptial agreements are beneficial for many couples and offer many benefits for managing expectations in a relationship. Understanding the truth...
Estate planning involves making critical decisions about how to manage and distribute your assets upon your death. Trusts are an important tool in this process, as they can help you accomplish a variety of objectives. Determining which trusts to include in your...
Discussing financial matters before tying the knot may not seem romantic, but it can be vital for protecting your interests. One of these discussions may involve signing a prenuptial agreement, especially if you live in California. But is it in your best interest to...
