With divorce no longer carrying much social stigma, most people assume that those who stay married are happy with their relationships. However, some people stay in miserable and unhealthy marriages for religious reasons or out of a sense of personal responsibility. If...
Estate planning should be comprehensive to offer the best protection. In any good estate plan, you are going to have multiple legal documents that serve different purposes. Your estate plan should have many components including: The will Trusts Guardianship...
Adding a trust to your estate plan can protect your assets from creditors, help you qualify for Medicaid or give you more control over the inheritance that family members receive. However, all of the careful planning for your trust will become meaningless if you don't...
If you live in Glendale and have begun planning your final wishes and addressing your estate planning options, you are a step ahead of most of your neighbors. We do not know precisely why, but people avoid or put off estate planning — sometimes until it is too late....
If it becomes necessary for an estate to go through court-supervised probate, it normally takes much less than a year to complete the process. However, some factors can significantly increase the time needed. Three questions immediately come to mind regarding probate:...
For some people, such as authors, songwriters, artists, inventors and others who owe their success and wealth to their own creativity, estate planning is about more than leaving tangible assets to their loved ones and other beneficiaries. They may have intellectual...
You might think of a trust as a tool for the incredibly wealthy, but it might be useful for your family circumstances even if you're a middle-class, working American. Some people create special trusts when they have family members who don't manage money well. ...
Estate planning for major assets likely feels simple. You can write a will leaving your home to your children. You can add in things like investments, vehicles, bank accounts and more. But what about smaller assets? Most people own thousands of dollars worth of odds...
Only around 36% of parents who have minor children at home have a will in place. Those who don’t have one set up leave a lot to chance for the kids. When you take the time to set up your will, you can outline what you want for your children if you and your co-parent...
Are you concerned that your parents haven't done any estate planning? Are you worried about what that means for you and your siblings? You may feel uncomfortable bringing up estate planning. You don't want to sound insulting or greedy after all. You just want honest...