Helping Your Family Move Forward

San Jose California Estate Planning Law Blog

Choose your financial power of attorney agent with care

A power of attorney is a document that allows you to choose someone to represent you. This person, called your agent or your attorney-in-fact, can take over many tasks for you including banking transactions, paying bills, buying or selling property, filing your tax…

Read More

The difference between revocable and irrevocable trusts

A revocable living trust helps California residents pass on their assets to heirs in a way that bypasses probate. However, some people may wonder what an irrevocable living trust is and how it compares to a revocable trust. The two, according to Smart Asset, have…

Read More

Should a trustee be good with money?

When creating your trust in California, selecting a trustee is one of the most critical decisions to make. Naturally, choosing someone for the job can be a headache, since administering a trust involves making financial decisions, and you might wonder if only someone…

Read More

The do's and don'ts of writing a last will and testament

A last will and testament is intended to describe the final wishes to be implemented after someone in California dies. It can direct executors as to how to distribute inheritance, balance assets and specify guardians of any children. While there is not really a…

Read More

Should you ever disinherit your child?

In a perfect world, California couples could work hard for their wealth and pass it on to their children or grandchildren to be grown and appreciated. Unfortunately, this is not always the reality and at some point, you may choose to disinherit your child. This can be…

Read More

What is a living trust?

A living trust could be an important part of your comprehensive estate plan in California. A living trust names a trustee who you designate as responsible for managing your assets for the eventual benefit of your heirs. If you get to a point in your life where you…

Read More

Is estate planning only for rich people?

There is a common misconception that estate planning is only for California's richest residents. The fact of the matter is that having an estate plan in place is important for individuals and families who are not affluent. This type of plan consists of legal documents…

Read More

What is heir property?

When it comes to dealing with family-owned assets, it is always best to create a will in California. If you do not create a will, the state becomes responsible for naming heirs and deciding who gets what. However, there is an exception when it comes to real property….

Read More

How much should I put into a special needs trust?

A special needs trust allows California parents to fund the needs of children who do not have the physical or mental capacities to care for themselves. Doing so can help you provide care for your children even after you pass away. If you believe a special needs trust…

Read More

Effective methods of reducing estate tax

When you work on your California estate plan, chances are, you do so with the goal of maximizing how much of your wealth you will be able to leave behind for your loved ones after your passing. If you have a particularly high net worth, though, and the value of your…

Read More