Over the years, I’ve seen lots of people regret what they did with their inheritance. Regrets over how their inheritance was spent or how it was invested or how it was taxed or who gained access to it. Regrets over who will inherit it. And regrets about what happened to their inheritance in a divorce. … Continue reading Planning how to improve your life with your inheritance
Every parent knows how important it is to select a guardian for minor children. Many parents find this decision to be terribly stressful. Here are some tips to help with deciding whom to nominate as the guardian of your child if neither parent is living (or if both parents became incompetent). In California, there are … Continue reading Selecting the guardian for your minor child
Often overlooked by parents are important legal needs of their young adult children (18 years and older). For example: Once 18, who will make medical decisions for the then adult child if the child becomes unable to give informed consent to medical decisions? Avoid the problems of the Terri Schiavo case and avoid a court … Continue reading Parents helping young adult children with important legal, tax, and investment needs
Due process and California law requires that your closest blood relatives* be notified by the person in charge of your estate if you died or became incompetent in each of these California contexts: 1. If probate is required because you died without a will, your administrator must notify your heirs*, as your heirs are those … Continue reading Your family tree: its due process importance in estate administration, trust administration, and conservatorships
Every parent knows how important it is to select a guardian for minor children. Many parents find this decision to be terribly stressful. Here are some tips to help with deciding whom to nominate as the guardian of your child if neither parent is living (or if both parents became incompetent). In California, there are … Continue reading Selecting Guardian for Your Minor Children