wealth
Is Our Home Community Property or Separate Property, and Why Does It Matter?
When two people get married, the property they obtain during their marriage is called marital property. This includes anything from real property…
Should you have Co-trustees when preparing your Estate Planning
When clients select a successor trustee for their trust, they frequently choose one person to serve as a successor trustee at a…
Basis: What You Need to Know
“Basis” is a term used frequently in tax law. But for many, the term is unfamiliar and intimidating—perhaps something they feel is…
Estate Planning Is More Than Just Death Planning
Many believe that estate planning is simply instructions on how to distribute your assets when you pass away, but the reality is…
Living, Testamentary, and Constructive Trusts: Are They All the Same?
In the world of estate planning, terms that refer to legal documents such as wills, trusts, powers of attorney, and healthcare directives…
What Are the Rights of a Child Born Outside of Marriage?
Despite the prevailing view, children born to unmarried parents are commonplace. Historically, children in this category were treated poorly by both society…
Legal Requirements to Consider When Selecting an Executor
The person you choose to be your executor (sometimes called a personal representative) will play an extremely important role, as that person…
Selling a Deceased Loved One’s Real Estate: Things You Need to Know
After the death of a loved one, such as a parent, there are a variety of tasks that must be handled to…
Providing for Your Parents in Your Estate Plan
If you are part of the baby boomer generation (born between 1946 and 1964), you may also find that you are a…
What Happens If My Beneficiary Dies Before Me?
When planning for death, most people assume they will die before their beneficiaries (e.g., their spouse, children, and grandchildren). While these assumptions…