More and more Californians are turning to revocable trusts in order to try to avoid the long and expensive probate process. But what some of these individuals fail to realize is that assets in this trust can only be protected if they are retitled in the name of the trust. While a qualified California estate […]
When a loved one passes away, you may be overcome with grief and not even thinking about their estate. However, if you are a beneficiary of their estate, it’s important to know whether you should hire an attorney. Although there is likely already an attorney involved, he or she is probably acting in the interest […]
One of the most important things when creating a business is to protect your business from others making money off of your ideas. In this rapidly evolving tech world that we find ourselves in, it’s important to protect all of our intellectual property rights. You can do so by filing for all necessary copyrights, trademarks, […]
Estate planning is extremely important when it comes to asset distribution. It serves as a great way to be sure that your assets are properly given to the correct recipients upon your passing. In doing so it also helps to make sure that your loved ones are cared for. Why It’s Important to Have an […]
For many people, charitable giving is a normal part of life. But for others, charitable giving is also a part of their death. Many people choose to donate to charity when they pass away by implementing charitable giving into their estate plan to support the cause or causes they care about the most. You can […]
It may not seem like a big deal, but naming your trust can be a big responsibility. While there are no laws about what the name of your trust must be, as there are with naming your legal entity (e.g. corporation), what you choose to call it can be extremely important. Since trusts are not […]
The concept of disinheriting a child is one that commonly conjures up feelings of parental disapproval and broken relationships. However, while these are reasons for disinheritance, they aren’t the only ones. Sometimes there are positive reasons as to why a parent would disinherit his or her child. The Child is Financially Secure Enough When parents […]
It’s safe to say that most of us have been significantly impacted by the coronavirus pandemic, which has caused the death and destruction of millions of businesses across the U.S. Things definitely look very different now than they did just half of a year ago. That’s why it’s so important that as we continue to […]
While the coronavirus pandemic has shattered much of a thriving U.S. economy leaving many businesses to struggle, small business owners especially continue to feel its full impact. Whereas they were once concerned with growth year over year, they now find themselves worried about staying afloat day-to-day. Although the future remains quite uncertain, many small business […]
When you create a trust, sometimes you do so with the ability to alter it at any time during your lifetime. Such a trust is known as “revocable.” A revocable trust, often referred to as a “living trust,” is a legal document generally used to transfer assets to one’s heirs in an effort to avoid […]
