How Important Are Social Security Considerations in Retirement Planning?

When looking ahead to the future when crafting your retirement plan, it is crucial to think about the different benefits and timelines for social security claiming. One of the earliest decisions that you’ll need to make in the retirement process is when and how to claim Social Security. It’s beneficial to have experienced professionals to… Read More »

Are You Prepared for The Potential Long Term Care Crisis?

Studies indicate that the vast majority of people in the United States will need long term care services after turning age 65. Approximately 25% of them will need extensive care likely that it comes from an assistive living facility or a nursing home. But even though the numbers indicate that more people will need this… Read More »

What Does It Mean to Become Trustee?

An essential component of estate planning for those people who have developed a trust is to name a person who steps in as the trustee. Depending on the structure of the trust, the trustee might begin his or her responsibilities immediately or may only become activated after the creator of the trust has passed away…. Read More »

What Will Medi-Cal Pay For?

If you or a family member has recently been diagnosed with a condition that calls for nursing home support, you’re probably thinking about paying for this care. It’s important to have a basic understanding of what it takes to apply for this coverage so that you can take action steps in advance. While it would… Read More »

How Do Generational Differences Impact Business Succession Planning?

Planning for the future of your business is just as important as completing your personal estate planning. Many people overlook the impacts of business succession planning and expose their company and their loved ones to unnecessary risks. A new study found that upcoming leadership and retiring leadership have key differences in terms of their attitude… Read More »

Does an Unmarried Couple Need Estate Planning?

It is a common question for estate planning lawyers about whether or not an unmarried couple can benefit from estate planning. Unmarried couples without children might assume that there are relatively few benefits for them to meet with an estate planning lawyer and taking this important next step. However, it is just as important for… Read More »

These Estate Planning Mistakes Impact Physicians

Like everyone physicians need a comprehensive estate plan that protects their interests and ensures that they have taken care of their own concerns as well as their property after they pass away. Making mistakes when it comes to physician estate planning can be catastrophic for your family and your legacy. Read on to learn more… Read More »

When Should I Assign Equal Amounts in My Estate Plan?

If you have children you’re thinking about as you plan your estate, it’s natural to wonder whether it’s best to split things equally or divide your assets based on other circumstances. This is a common conundrum for parents in California and there’s no one right answer that applies to every family. It’s a personal decision… Read More »

Even Financial Advisors Need a Succession Plan

Most business owners are so busy with the day to day or even their one-year plan that it’s easy to overlook what happens to the company if they’re no longer actively working in it. But that succession plan could become a matter of top priority very suddenly due to an illness, disability, divorce, or death…. Read More »

How To Do an Annual Review of Your Trust

A trust might include provisions you intend to last for many years. But it’s also not a “set it and forget it” component of your estate plan. Regular reviews can help you adjust your plans with an irrevocable trust. An annual review of your estate plan is strongly recommended to ensure that your estate plan… Read More »