Posts Tagged ‘Children’
What Real Estate Owners Don’t Know Can Hurt Them
The old saying, “what you don’t know won’t hurt you,” does not apply to real estate law. Ignorance of the law is never an excuse. In the U.S., everyone is expected to know and follow the law, whether they are aware of it or not. For real estate owners, the legal landscape is full of…
Read MoreThe Importance of Basic Estate Planning for Your 18-Year-Old
As parents, we always strive to protect and provide for our children. As your child reaches the age of 18, you may think that they are officially adults, ready to take on the world. While it’s true that they are becoming more independent, it’s also essential to recognize that certain responsibilities still rest upon your…
Read MoreEstate Planning for Veterans and Military Families
Estate planning is a critical undertaking for everyone, but for veterans and military families, it comes with unique challenges and opportunities. From government benefits to the complexities of military life, there are several factors to consider when crafting an estate plan that ensures financial security and peace of mind for your loved ones. Understanding Government…
Read MoreThe Role of Trusts in Asset Protection and Growth
In the world of finance and wealth management, asset allocation is a crucial strategy for achieving long-term financial goals. One powerful tool in asset protection and growth is the use of trusts. Trusts provide a flexible and efficient means to manage assets, protect them from various risks, and optimize investments, especially during market fluctuations. The…
Read MoreThe Whys and Hows of Talking to Your Kids About Your Estate Plan
Talking about the taboo topics of money and death in one conversation is not most people’s idea of a good time. Many may say that talk of death makes them uncomfortable, and to discuss money would simply be impolite. Yet, when it comes to your family and their future, these connotations should be set aside…
Read MoreProtect Your Family’s Future
Life, with its unpredictability and surprises, underscores the importance of preparedness. While we revel in its beautiful moments, it’s also essential to brace ourselves for its uncertainties. For many, the primary motivation behind estate planning is the genuine desire to safeguard their family’s future, especially in the face of unexpected events. By creating a comprehensive…
Read MoreLabor for Your Legacy
In the spirit of Labor Day, we take a moment to honor the tireless efforts, dedication, and sacrifices made by workers everywhere. Labor Day isn’t just about barbecues and parades; it’s a recognition of the grind, the sweat, and the perseverance that’s intrinsic to creating and upholding our society. Similarly, estate planning isn’t merely about…
Read MoreThe ABCs of Estate Planning
As the back-to-school season rolls around, parents everywhere are busy with preparations – from buying new school supplies to setting up schedules and routines. But amidst the rush of a new academic year, there’s another essential matter that parents should prioritize: estate planning. Just as you prepare your children for a successful school year, it’s…
Read MoreEstate Planning Steps to Take Before the End of Summer
As summer winds down and we prepare for the fall season, there’s one important aspect of life that often goes overlooked – estate planning. Whether you’re young or old, wealthy or just starting out, having a solid estate plan is crucial to ensure your wishes are fulfilled and your loved ones are taken care of…
Read MoreAging Parents: Discussing Estate Planning
As our parents age, one of the essential topics that often goes undiscussed is estate planning. While it may be uncomfortable to broach the subject, having an open and honest conversation with your aging parents about estate planning is crucial to ensure their wishes are respected and their assets are protected. The Importance of Estate…
Read MoreProtecting Your Children’s Education
As parents, one of our most significant responsibilities is to ensure the well-being and future success of our children. One essential aspect of this duty is providing them with a quality education that equips them with the necessary tools to thrive in an ever-changing world. With the rising costs of higher education, planning for your…
Read MoreNavigating Affairs After a Loved One’s Passing
The loss of a loved one is a challenging and emotional time. Amidst the grieving process, there are practical matters that need attention, especially in relation to your loved one’s estate. Estate planning plays a vital role in ensuring a smooth transition and proper distribution of assets. Here are 10 important steps to take when…
Read MoreMaximize Your Trust: A Guide To Funding
Funding your trust properly is important to ensure that your assets are managed according to your wishes and that your beneficiaries receive the maximum benefit from the trust. Here are 5 tips to help you fund your trust: 1. Identify which assets you need to transfer to your trust It’s important that you identify which…
Read MoreHow to Plan for Your Child to Turn 18
Planning for your child’s transition into adulthood is an important step in ensuring their success and independence. Here are some tips for planning for your young adult to turn 18: 1. Talk About Finances As your child turns 18, they will become legally responsible for their own finances. This means it’s important to talk to…
Read MoreThe Importance of Appointing Guardians
Having guardians set for your children in case something happens to you is one of the most important things you can do to ensure that your children are taken care of in the event of an emergency. Here are some reasons why it’s so important: 1. Ensure Your Children’s Care By appointing guardians for your…
Read MoreHow to Plan For A Child With Special Needs
Estate planning is an important consideration for all parents, but it is especially important for parents of special needs children. It is important for parents of special needs children to have a solid estate plan in place to ensure that their child’s needs are met and their assets are managed appropriately. Here are 4 considerations…
Read MoreEstate Planning For Blended Families
Blended families are becoming more and more common. These families often include stepchildren, ex-spouses, and other complicated relationships that can make estate planning a challenge. However, with careful consideration and planning, it is possible to create an estate plan that addresses the unique needs of blended families. Here are 5 tips for blended families: 1.…
Read MoreThe Worst Way to “Help” A Child with Special Needs
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 housing assistance. While such a blunt move would accomplish the goal of preserving government…
Read MoreEstate Planning Tips for Single Parents
As a single parent, it is critically important to have a comprehensive estate plan that protects your child(ren). Obviously, being the sole or primary caregiver doesn’t leave you with much time on your hands. However, putting some time aside to meet with an estate planning attorney can give you some peace of mind. By having…
Read MoreConsiderations When Choosing a Legal Guardian Who Could Raise Your Kids
Do you have minor children? If so, have you considered choosing a legal guardian who you would want to raise your kids if you and/or their other parent suddenly passed away? While you may have a few thoughts in your mind about who would be best suited for the role (grandparents, aunts, uncles), if you…
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