by Snyder Law PC | Feb 24, 2021 | Estate Planning, Snyder Blog
Most parents choose to treat their children equally when it comes to inheriting property or money. But sometimes, parents intentionally choose to disinherit a child, and the reasons for doing so may vary. One reason could be that a child who is more financially...
by Snyder Law PC | Feb 10, 2021 | Estate Planning, Snyder Blog
Couples often bring children into a marriage from a prior marriage or union and then have children together. This is often referred to as a “blended family.” Blended families highlight the need for careful estate planning to make sure the needs of each spouse are...
by Snyder Law PC | Feb 3, 2021 | Estate Planning, Probate, Snyder Blog
Probate is the legal process for authenticating a deceased person’s will, reviewing their assets, paying their outstanding debts and taxes, and distributing what remains to their inheritors. Probate law varies by state, but there are steps in the process that...
by Snyder Law PC | Jan 27, 2021 | Estate Planning, Snyder Blog
Estate planning for the future inheritance of your children and grandchildren should include protective measures to keep assets from disappearing or being claimed by a creditor. A simple way to achieve inheritance protection is through a trust. A trust can pass your...
by Snyder Law PC | Jan 20, 2021 | Estate Planning, Snyder Blog
Whether you are starting from scratch or have an estate plan in place a letter of instruction (LOI) is an important part of any comprehensive plan. A letter of instruction can help your loved ones manage important information about you. A LOI conveys your desires,...
by Snyder Law PC | Jan 19, 2021 | Elder Law, Estate Planning, Long Term Care, Snyder Blog
Contemplating our own death is one of the hardest challenges we will ever have to face when leaving your loved ones. Yet, if we want our dying to be meaningful and merciful, it is imperative that we think about it while we still can. Most of us want to die at home,...
by Snyder Law PC | Jan 12, 2021 | Estate Planning, Snyder Blog
An estate plan is important for people of all ages, but as we age, the need for planning becomes even more critical. Many people avoid estate planning because they do not want to think about the end of life, failing health, or disability. Others believe that an estate...
by Snyder Law PC | Dec 30, 2020 | Estate Planning, Snyder Blog
You should check your estate planning documents every so often, to make sure they’re still good, especially with big life changes like births, marriages, divorces, and moving to another state. Children grow up, marriages dissolve, property gets sold, residences...
by Snyder Law PC | Dec 23, 2020 | Elder Law, Estate Planning
The short answer: Both share similar concerns. The longer answer? The differences make all the difference for elder law and estate planning. The way we explain it to clients is that comparing elder law and estate planning is like comparing a square and a rectangle....
by Snyder Law PC | Dec 21, 2020 | Estate Planning
In our previous blog last week, California Proposition 19 Pass Now What?, we shared how Proposition 19, operates. In this blog, we follow up with some helpful examples and illustrations so you can better understand its application and impact. As a reminder,...
by Snyder Law PC | Dec 16, 2020 | Estate Planning, Probate, Snyder Blog
One day William’s daughter read in an article that a will was not the best way to leave property to heirs. Wills often involve long and expensive probate court proceedings and there are other, more-efficient ways to pass on savings to a family such as trusts. But...
by Snyder Law PC | Dec 11, 2020 | Estate Planning, News, Snyder Blog
On November 3, 2020, California voters narrowly approved Proposition 19 (“Prop. 13”). The bad news for those that own real estate in California is that it came with significant property tax changes that go into effect on February 16, 2021. The good news is that you...
by Snyder Law PC | Nov 4, 2020 | Elder Law, Estate Planning, Snyder Blog
It is essential that as your parents’ age, you have conversations with them about their finances and estate plan. To broach the topic, you might bring up current events like the coronavirus pandemic, its effect on economic conditions, and how it relates to the...
by Snyder Law PC | Oct 28, 2020 | Estate Planning
Estate planning may sound like the domain of the very wealthy, however, in the eyes of the law, an estate is simply the aggregate of property an individual owns, and most everyone owns something. Property ownership includes individual as well as jointly owned bank...
by Snyder Law | Oct 27, 2020 | Estate Planning, Snyder Blog, Special Needs Planning
There’s a lot of bad information on the internet that directs parents of children with special needs to completely disinherit their child in order to maintain his or her eligibility for government benefits such as Medi-Cal, Supplemental Security Income (SSI), and...
Understanding When Disinheriting a Child is MistakeFebruary 24, 2021
What is Critical to Understand for the Biden Tax ReformFebruary 17, 2021
How to Build a Plan for Blended FamiliesFebruary 10, 2021
Understanding the Probate Process in CaliforniaFebruary 3, 2021
How to Protect Your Children’s InheritanceJanuary 27, 2021