The Risks of Relying on Intestacy
Many people are under the impression that if they die without a will (dying intestate), everything they own will automatically pass to their spouse and children. State rules differ on this, but generally, your spouse…
September Newsletter: Estate Planning for Young Adults
September’s newsletter covers estate planning for young adults, from basic first documents to smart financial strategies. It’s a great read to gain actionable first steps your young adult child can take toward financial literacy and…
Potential Pitfalls of Joint Property Ownership
Joint real estate ownership allows the property to bypass probate and pass directly to the other owner(s) upon death. However, it’s important to note that joint property ownership can lead to unintended consequences despite its…
3 Effective Ways to Manage Estate Planning Expenses
Hiring an estate planning attorney may involve a notable financial investment, but the benefits and protections they offer make this investment well worth your while. It’s a proactive step to ensure your wishes are legally…
Terms and Conditions for Your Child’s Inheritance
You’re probably aware of the most straightforward way to leave a child an inheritance—a single lump sum. However, did you know that estate planning lets you limit how your child receives their inheritance? While there…
The Complexities of Spousal Disinheritance in Estate Planning
Did you know that special protections are built into the law to help protect against spousal disinheritance? While state laws differ in the details, a spouse has a claim to a share of their deceased…
August Newsletter: Celebrate National Make-a-Will Month!
Our August newsletter celebrates National Make-a-Will Month, explaining why some people don’t have wills and why they should. We debunk common estate planning misconceptions and discuss the importance of planning today for a lasting legacy…
Streamline Your Digital Legacy
The Wall Street Journal (Alexandra Samuel) 8/6/24 published an article titled “Why Everyone Needs a ‘Digital Death-Cleaning’ Plan,” in which the author discusses why it’s essential to have a digital death-cleaning plan so that heirs…
IRS Direct File Program: Permanent Status and State Decisions
The Wall Street Journal (Julie Zauzmer Weil) 8/5/24 published an article titled “The IRS has opened its free tax filing for all states. Which ones will join?”. The article discusses how, in 2024, the IRS…
Snow White’s Father Needed an Estate Plan
Most of us know the story of Snow White and the Seven Dwarfs, and crucial to this story is the relationship between Snow White and her stepmother. Things are peaceful for a time, but once…
Navigating California Powers of Attorney: Understanding the Power and the Perils
By Nathan R. Loftin, Esq. A power of attorney (“POA”) is a legal document granting another person, called your agent or attorney-in-fact, the authority to act on your behalf. California Powers of Attorney are powerful…
Estate Planning Must-Haves for Millennials
If you’re a millennial who still needs to start the estate planning process, it’s the right time to do so! Estate planning gives you peace of mind that your wishes are honored and your loved…
July Newsletter: Tax Policies, Vacation Homes, & Memorabilia
Our July newsletter brings to you the potential tax policies of the next administration that could have a major impact on your personal wealth and estate planning strategies. Then, we discuss all things estate planning…
Estate Planning for a Loved One Struggling With Addiction
In many cases, estate planning deals with difficult situations, such as how to plan for a loved one struggling with addiction. Watching a loved one battle with a substance use disorder is awful, but it’s…