Good question! We actually get that question quite a bit in our San Diego, California Estate Planning Law Office. A Will is a legal document used to transfer assets that you own in your individual name and to name an Executor to administer your estate. It is effective AFTER you die and is also used […]
Estate Planning
Don’t Do It: The Perils of Joint Ownership with Your Child
Oh my, there are many perils of joint ownership with your child. Many parents when divorced or widowed seek to add their children’s names to bank accounts, real estate, and investment accounts. These parents are seeking ease in dealing with these assets during lifetime and ease in transfer after death. But, ease is not common […]
What do Your Estate Planning Attorney and Your Eye Doctor Have in Common?
Okay, picture yourself in the chair at the eye doctor’s office. She puts that huge goofy looking machine thingy in front of your face and says, “Is this better or is this better?” “Is number one better or number two?” “Which one is more clear?” Your estate planning attorney does the same thing, without the […]
Do I Need an Estate Plan While I’m Alive?
If you are reading this, you need an updated estate plan so call your estate planning attorney now. Everyone age 18 or older already has an estate plan. What?! Yes, you have an estate plan, but if you’re like most people, it’s not the plan that you want. If you do not have your own […]
What if the In-Law Becomes an Outlaw? Yes, You Can Protect Your Child’s Inheritance from Divorce
Hmmmm. What happens when that formerly sweet In-Law hits the road and takes everything that you worked so hard for and gave to your sweet child? An Outlaw is created! It could happen and does happen every day. Put on your white hat and give your gift not to your child, but to a trust […]
Making a List, Checking it Twice: Schedule Advisor Meetings for 2011 Now
Santa Claus is not the only one making a list and checking it twice. Take 5 minutes now and call your estate planning attorney, CPA, financial advisor, and insurance professional for a sit down meeting in January, February, or March of 2011. Then, go eat cookies! Just a quick reminder because I know that you […]
Gifting During the Holidays
Ahh, it is that time of year. A time for memory making with loved ones, cookies, and holiday gifts. A true gift is given with an open mind and giving heart. No matter the size of the gift, it is only a true gift, in the spirit of the season, if it is given with […]
Holiday Fireside Chat: It is time to Chat with your Loved Ones about your Estate Planning
Extended families gather at this time of year. So, it is an excellent time to chat with your loved ones, typically your children, about your personal estate planning. Let them know that you have “taken care business.” Peace of mind is a precious gift any time of year. For young children, those under eighteen years […]