Life is unpredictable, and the last thing you want is for your family to be left in chaos, financial or otherwise. If you pass away unexpectedly or become incapacitated by illness or injury having an estate plan can help. Your family counts on you to provide for them, in the future as well as in the present. By planning properly …
Will, Trust, and Probate Definitions
What is a Beneficiary? When you plan what will occur to your property after you die, you choose humans who will inherit from you or take advantage of your assets. These are regarded as your beneficiaries. They are most likely family members or liked friends. your will is now not the solely place where you will title beneficiaries; any retirement …
What Are The 5 Components of Estate Planning?
The estate planning process can seem daunting at first. There is a lot to consider, and all of the decisions that need to be made are very essential ones. The 5 major factors of estate planning are: 1. Wills and Trusts A frequent false impression is that only rich humans need wills or trusts. In fact, a will or a …
Wills, Estates, and Probate
Here are the basics to get you started with Wills, Estates, and Probate. Rules and regulations vary per state (and country) so be sure to keep yourself informed on your local residential area. The links below are based on California law. If you need further guidence, or have any accounting needs regarding these, please do not hesitate to contact me …
