A well thought out estate plan can accomplish a variety of inter-connected goals. Along with ensuring that your estate assets are distributed according to your wishes after you are gone, your estate plan can also do things such as plan for the possibility of incapacity, provide for minor children in your absence, and protect assets from all kinds of potential threats. Given the unique nature of estate planning, no two estate plans will be exactly the same. Nevertheless, there are some common … [Read more...] about 5 Documents that Should Be in Every Estate Plan
Tips for Preventing Estate Disputes between Siblings
For most people, one of the primary reasons to create an estate plan is to ensure that their estate is distributed according to their wishes after they are gone. Another reason is to reduce the likelihood of confusion and conflict after they are gone. If you have adult children, you undoubtedly want to do all you can to prevent disputes between them after you are gone. While there is no way to accomplish that goal with 100 percent certainty, the following tips will help prevent estate disputes … [Read more...] about Tips for Preventing Estate Disputes between Siblings
What Are 529 Plans and What Are Their Advantages?
What are 529 plans? Can they be held in trusts? Read on to learn more about these plans and why to consider them. What Are 529 Plans and What Are Their Advantages? … [Read more...] about What Are 529 Plans and What Are Their Advantages?
Planning for the International Client
Estate planning for U. S. citizens who own assets in foreign countries can be tricky. Sometimes it is even more difficult to properly plan for a Non - U. S. citizen with assets in the United States. Probably most difficult of all is estate planning for the resident alien. This blog post by the American Academy of Estate Planning Attorneys looks at the estate tax treatment of U.S. citizens, resident aliens and non-resident aliens. The article then looks at an example of someone who lived in the … [Read more...] about Planning for the International Client
California Gun Trusts May Be Needed Now More Than Ever
Gun Trusts Provide Special Planning For Transfer of Rifles and Other Guns With all the recent talk about banning assault rifles such as the AR-15, a California Gun Trust may be more important than it ever has been before. Gun trusts are specifically used to hold weapons regulated by the National Firearms Act of 1934 (NFA) and Title II of the Gun Control Act of 1968 (NFA or Title II firearms). Although gun trusts are designed to hold title to NFA forearms, they can be used to hold any type of … [Read more...] about California Gun Trusts May Be Needed Now More Than Ever
Riverside Estate Planning Lawyer Addresses American Academy of Estate Planning Attorneys
Riverside estate planning lawyer Dennis M. Sandoval will be speaking to over 150 lawyers from across the nation at the American Academy of Estate Planning Attorney's 25th Anniversary Spring Conference in Las Vegas from April 25 - 30, 2018. The American Academy of Estate Planning Attorneys is a nationwide membership organization of lawyers who focus their practices on estate planning, elder law, trust administration, probate and conservatorships. Dennis will be speaking to the estate planning … [Read more...] about Riverside Estate Planning Lawyer Addresses American Academy of Estate Planning Attorneys
Riverside Estate Planning Attorneys Educate Clients
Far too many people do not seek out legal counsel from estate planning attorneys because they harbor misconceptions. First of all, a lot of individuals feel as though estate planning is only important for senior citizens. They assume that they will have plenty of time to address the matter when they are old and gray. The second notion that some people entertain is the idea that anyone can create a last will in a matter of minutes using downloads and worksheets that are available online. … [Read more...] about Riverside Estate Planning Attorneys Educate Clients
Riverside Probate Lawyers Explain Options
Many people assume that a last will is the only logical way to facilitate asset transfers if you are not very wealthy. They are aware of the existence of trusts, but they are under the impression that trusts are only used by millionaires who have very complicated estates. The lawyers at our estate planning law firm hear this all the time. We find that their clients are quite surprised when all of the facts are explained to them. When you create a Will, you name an executor to administer the … [Read more...] about Riverside Probate Lawyers Explain Options
Charitable Planning was Part of Hawking’s Legacy
Stephen Hawking was among the most recognizable faces in science at the time of his death on March 14, 2018. Hawking, age 76, gained fame from his multiple appearances on shows such as the Simpsons and the Big Bang Theory, as well as from the many popular science books he wrote, including "A Brief History in Time." Hawkin was diagnosed with early stage ALS, or Lou Gehrig's Disease, at the age of 21. ALS is the acronym for amyotrophic lateral sclerosis, a neurological disease. Unlike most ALS … [Read more...] about Charitable Planning was Part of Hawking’s Legacy
Parkinson’s Awareness Day
Parkinson's Awareness Day is April 11 this year. Parkinson's disease is a disease in which the nerves degenerate, predominately affecting the nuerons that produce dopamine in the part of the brain called the substantia nigra. The cause of the disease remains largely unknown. People with Parkinson's disease may experience: (a) tremors, mainly while at rest; (b) slowness of movement; (c) limb rigidity; and (d) gait and balance problems. While Parkinson's Disease itself is not fatal, complications … [Read more...] about Parkinson’s Awareness Day
