Monthly Archives: August 2021
What Happens If An Estate Doesn’t Have Enough Money To Pay Debts And Beneficiaries?
When talking about estate planning, people usually assume that there will be an estate with enough assets to be shared among heirs and beneficiaries. But, what happens when someone dies and leaves behind more debts than assets? Imagine having to handle the loss of a loved one and the fact that they left more… Read More »
3 Crucial Estate Planning Tips For Blended Families
Family life is constantly changing, and according to Pew Research Center, blended families are more common in the United States. Blended families are generally more common in the United States because of divorce and remarriage. Approximately one out of six children in America lives in a blended family. This is a family where a… Read More »
Can Parents Unequally Divide Assets Among Their Children?
If you have assets, it is up to you to decide who inherits what after your passing. When you have children, making such a decision can be extremely difficult, especially if you are closer to one child and not close to the other(s). Also, deciding what to live for each child can be difficult… Read More »
Can A Beneficiary Also Be A Trustee In California?
A trustor/settlor/grantor may choose to set up a trust for various reasons, and the fact that a trust can be set up for many reasons is one of the things that makes this estate planning tool quite exciting. Generally speaking, a California trust can help a trustor accomplish nearly any goal they have with… Read More »
