In today’s digital age, our lives are increasingly lived online. We share our thoughts, photos, and experiences with friends and followers on social media platforms like Facebook, Twitter, and Instagram. But what happens to these accounts after we pass away? Do they simply disappear, or do they live on forever? In this blog post, we’ll […]
Estate Planning
What Happens When You Don’t Trust Your Trustee – Part I
Trusts have become ubiquitous parts of estate plans. Many Estate Plans use revocable trusts as the foundation for the plan while others include irrevocable trusts. Regardless of the planning reason, every trust needs a trustee. The grantor may name the beneficiary as trustee, or the grantor may name another individual or entity as trustee, creating a natural tension between the beneficiary and trustee. If the tension becomes too great, the beneficiary may seek to have the trustee removed. As expected, the avenues for removal depend upon the trust instrument itself, as well as any statutory remedies available.
Using Entities in Estate Planning
More and more families own property, assets, and businesses together. Using an entity to govern operations provides stability by allowing continued operation upon the death of an owner. When the governing agreement and estate planning documents of a deceased owner conflict, unintended, potentially litigious, results occur. Read on to learn more.
Why Everyone 18 And Over Should Have An Advance Health Care Directive
In California, an Advance Health Care Directive (AHCD) protects your health care rights. You make your health care, end of life, organ donation, and even memorial/burial/cremation/spiritual decisions now so if something happens to you, your wishes will be followed by the person (agent) you choose. DIY: You Can Do It Yourself, Right Now! You have […]
Paralysis by Analysis: Procrastinating Until It’s Too Late
Do you worry about what will happen to you and your family if you become incapacitated or when you pass away? Do you feel a weight on your shoulders, knowing you should probably have some kind of plan? Or do these thoughts keep you up at night — I don’t know what to do, how […]