What are Common Mistakes People Make with Revocable Trusts?
Of course, just because you have a living trust doesn’t mean you are all set. Here are a few of the most common mistakes people make with their living trusts.
Does the Executor Control Bank Accounts?
Administration of a decedent’s estate may involve investment accounts (with stocks and bonds) held in the decedent’s name or trust.
Do I Really Need a Will when living in California?
There are certain financial goals that it’s important to check off your list, like having enough money in a savings account to cover emergency expenses and eliminating unhealthy debt. However, here’s one goal many people gloss over — creating a will.
What Should Not Be Included in a California Trust?
A revocable living trust is a great tool to help your assets pass smoothly to your beneficiaries and it can significantly reduce the headaches of probate.
How to File Tax Return When Mom Passes Away
No one likes doing taxes, but the task is even more daunting when filing a return for someone who has died.
What Assets Should Be Considered when Planning Estate?
From digital assets to financial accounts to sentimental items, here’s what to think about to make sure your loved ones have access to everything they need when you pass away.
Do You Have to Go through Probate When Someone Dies?
The law requires probate for a good reason. If a person dies, probate ensures that the property goes to the people who are supposed to inherit it.
What are Biggest Blunders in Wealth Transfer?
We are approaching the biggest wealth transfer ever, as Baby Boomers prepare to hand off their life savings to their heirs. However, will their heirs actually get the full amount of the wealth intended for them…or will a large amount be lost to unnecessary taxes?
Can You Keep Your Children from Inheriting Your Money?
I’ve decided I no longer want to leave my estate to my children. They are ungrateful brats. How can I set things up to give my money to charity when I die?
What’s the Difference between Probate Assets and Non-Probate Assets?
Non-probate assets are those assets which do not go into an estate when the owner dies.
