Your final wishes can come into conflict with a variety of state and federal laws. In our blog, we explore how current U.S. laws affect the amount of your assets that can be passed on to beneficiaries, and examine how California legislation affects Medi-Cal eligibility, probate, taxation, and other financial considerations.
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The Estate Planning Process for Blended FamiliesToday's American families commonly have stepchildren, and they are treated as if they were full biological children, even in cases of inheritance.
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An Irrevocable Life Insurance Trust: Things to ConsiderConsidering that the federal estate tax exemption allowance appears to be in danger of being lowered, you might want to rethink how you plan to pass wealth to your heirs.
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Protecting Your Assets Requires a WillThe number of Americans with a will has increased marginally by only 2.5 percent in the past year, according to a survey by Caring.com.
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When Creating an Estate Plan, Here Are 5 Things to ConsiderA comprehensive estate plan is essential for all ages, but the need grows stronger as we age.
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PROP 19 ALERT: Act Now to Preserve Your Home's Low Property Taxes for Your ChildrenProp 19 effectively ends the parent-child exclusion from property tax reassessment on inheritance of a parent's principal residence after February 15, 2021.
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How to Leave Money or Property to Minor ChildrenMinor children are required to have someone else manage their inheritance. Parents do not want to leave it up a probate judge to appoint someone.
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How to Divide Up Personal Possessions Without Dividing the FamilyAllocating your personal possessions can be one of the most difficult tasks when creating an estate plan. To avoid family feuds after you're gone - have a plan.
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Single? You Still Need an Estate PlanThis article explores why estate planning is just as important for single people as it is for couples and families.
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Considerations When Choosing a Legal Guardian Who Could Raise Your KidsDo you have minor children? If so, have you considered choosing a guardian who you want to raise your kids if you (and/or other parent) suddenly passed away?
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Creative Ways To Leave "Intangible Assets" To Your Loved OnesIntangible assets such as personal letters and photo books can be incredibly comforting for loved ones when you are no longer around.
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Pandemic Relief: Retirement Account Owners Do Not Have to Take Required Distributions in 2020Retirement account owners, many of whose retirement balances have been pummeled due to the pandemic, do not have to take mandatory withdrawals this year.
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Estate Planning During a Divorce: Four Key ConsiderationsWhat happens to your estate plan when you divorce? Here are some key strategies to make sure your wishes are protected during and after the process of divorce.