What Are Non-Probate Assets in California?

There are primarily three types of properties that do not go through the probate process. This property will transfer outside of probate regardless of what a person listed in their will. Non-probate assets include:  Property that is held jointly with survivorship rights. Community property that is only available for married couples if they own property… Read More »

What Types of Risks Do My Assets Face?

Keeping your wealth protected is an important part of the estate planning process. Many people also sit down with their estate planning attorney to discuss asset protection planning strategies. Working so hard to create your wealth and then outlining a plan for it to be passed on to future generations are important but not without… Read More »

Don’t Forget to Include Asset Protection Planning

Conventional estate planning is only half of the equation and if you leave yourself exposed to the possibility that someone could launch a lawsuit against you, you could be financially ruined with just one of these unfortunate intrusions into your existing estate planning. Comprehensive estate planning must include traditional estate planning tools to maximize the… Read More »

Asset Protection Planning for Entrepreneurs

There are many different mistakes that entrepreneurs can make in the process of establishing and growing their business. Comprehensive business succession planning and estate planning are two cornerstones of looking ahead to the future and ensuring that you have protected everything you have worked so hard to build. Another place for entrepreneurs often expose themselves… Read More »

What Is an Asset Protection Trust?

There are many different types of trusts that can help you to gain greater control and flexibility over the estate planning process. Sitting down with a knowledgeable estate planning lawyer is often the first step to allow to accomplish your estate planning goals. One type of trust that you may consider in putting together your… Read More »

3 Items To Review

Just having an estate plan isn’t enough. It must also be up to date. An article on Money says it should be reviewed every five years. Here are three areas to keep in mind: Update existing documents, including health care advance directive, durable power of attorney, wills and/or trusts, to see if it is time… Read More »