Posts Tagged ‘Assets’
What Happens to a Mortgage After You Pass Away?
Estate plans usually concern who will get what, like money, jewelry, the house, and family heirlooms after a person dies. Little thought, though, is given to what will happen to debts when they die and what happens to a mortgage after you pass away? Many people expect to pay off their mortgage long before they…
Read MoreWhat to Know Before Transferring Ownership of Your Home in California
Most older adults believe that it’s easier for everyone involved – loved ones, beneficiaries, and executors – if they transfer full or partial ownership of their home prior to their passing. However, California elder law attorneys will caution you that there are several risks to consider when transferring ownership of your home that might harm…
Read MoreWhat to Know When Serving as a Trustee or Executor After Your Spouse Dies
Dealing with the loss of a spouse is one of the most difficult situations a person can face. The grief alone can be crippling and adding to the stress is the need to deal with funeral arrangements and any other tasks that may have arisen during your spouse’s final illness. And if you’re like most…
Read MoreHow to Find Assets of an Estate in Orange County After Someone Dies
When someone passes away, family members often find themselves asking an Orange County estate planning attorney what they should do and how to go about finding the assets of an estate in California. If the individual had a trust, then there will likely be a schedule of assets that goes along with the trust. This…
Read MoreTalking Turkey About Estate Planning This Thanksgiving
Thanksgiving offers times to reflect on what we are most grateful for in life. For many of us this includes our relationships with family. While they are not far from our hearts, we are often separated by hectic schedules or distance. Having a set time to get together to celebrate allows us to be present with each other and…
Read More7 Reasons to Review Your Estate Plan in the New Year
Happy New Year and Congratulations! At some point in the past you have taken the necessary steps to create an estate plan that protects your loved ones and your family’s financial future. Whether you are from Orange County, Southern California, or somewhere else in the country, you are ahead well ahead of the curve. Surprisingly,…
Read MoreCongratulations! It’s an Estate Plan! Protecting Your Newborn from Birth
Congratulations are in order for one of my best friends and his wife on the birth of their first child – a sweet baby girl. She is adorable and it is clear from the joy in his face that his heart is stolen away forever (cue Van Morrison song). My wife and I have been…
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