When the Caregiver Dies
Everyone can benefit from having a current estate plan in place to address their wishes and the needs of their family when they die. This is perhaps even truer for parents of children with special needs. Starting estate...
More boomers at risk for falls; ER rates increase
Aging is a strange process considering our minds generally age slower than our bodies. When our minds are not aware of our bodies’ new limitations, fall injury risks increase. This is precisely what is happening to our baby boomer generation.
Throughout...
Tip Sheet on How to Avoid Probate in California with Revocable Transfer on Death Deed by Deed and Record
How can you avoid probate on your home?
Probate is an expensive, long and drawn-out process. It eats away the time and energy of our loved ones after we die. It eats away at our assets as well, with money being funneled into court fees, attorneys’ fees and trustee fees. Many people avoid...
Are You Leaving an Inheritance to a Beneficiary?
In estate planning, even something as simple as naming a beneficiary involves some legal knowledge. Check out the following facts:
A beneficiary of a will doesn’t receive the inheritance immediately. He must wait a minimum of forty days to claim under a will, and much longer if a probate is necessary.Transfer of Property at Death
In September, 2015, AB 139 was signed by the Governor of California creating a Revocable Transfer on Death Deed (“TOD Deed”). This deed transfers real property to a beneficiary without the necessity of a probate proceeding. The new law is currently only in place for five years, during which time lawmakers will study...
A Will Does Not Always Have the Last Word
A will is an important estate planning document that everyone should have. If drafted properly, your will serves important purposes such as nominating a personal representative to administer your estate according to your wishes. However, a will has some limitations, and therefore certain language and items are not suited to be included in...