Category Archives: Wills

These post concern the Last Will and Testament.

Top 10 Mistakes People Make in Estate Planning, Wills and Trusts: # 7 – Failure to Plan for Incapacity


Planning for Incapacity is easily overlooked for two reasons: (1) most people associate estate planning with death; and (2) thinking about one’s own mortality is discomforting enough — thinking about the possibility of Alzheimer disease, dementia, coma or other mentally … Continue reading

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Top 10 Mistakes People Make in Estate Planning, Wills and Trusts: # 10 – Failure to Plan for Liquidity


Failure to Plan for Liquidity is a common error. This mistake can occur regardless whether you’ve made a Will or estate plan, and even if you have a trust. For example: →  You want to keep your vacation home available … Continue reading

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5 Things People Forget in Their Estate Plan


Remember These 5 Important Things in Your Will or Trust. Think you’ve thought of everything?  Consider these five things people commonly forget: 1. Digital Assets. Keep a list with your Will that identifies accounts, bills, email addresses – everything you … Continue reading

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20 Advantages to Having a Trust (Part E: Easier Planning Than Using a Will) 


Why should I make a trust?  This is a common question. In this series of posts, here’s twenty great reasons to have a trust! Part E: Trusts Are Easier to Use than Wills. 17. A Will is easier to challenge than … Continue reading

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20 Advantages to Having a Trust (Part B: Avoiding Probate When You Die) 


Why should I make a trust?  This is a common question. In this series of posts, here’s twenty great reasons to have a trust! Part B: Trusts Avoid Probate When You Die. 5. California probate is time consuming and a … Continue reading

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What to Expect When You See a Lawyer About Estate Planning (Part Two)


What Happens in the Estate Planning Process After the Initial Consultation. Different lawyers conduct estate planning in different ways.  Part One of this post topic explored the initial consultation. This post discusses what happens after that consultation. The basic phases … Continue reading

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What to Expect When You See a Lawyer About Estate Planning (Part One)


What Happens When You See a Lawyer About Estate Planning? The basic phases of estate plan creation are: initial consultation; information gathering and planning; drafting; review; and signing. Afterward, there are funding steps and there should be ongoing review and … Continue reading

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Guardian for My Children: How Do I Choose?


Choosing a Guardian for Your Children. Choosing a guardian for your children can be the most difficult part of estate planning for parents with young families. The thought of your children growing up without you is heart-wrenching and choosing someone … Continue reading

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How to Plan for My Pet After I Die


Estate Planning for My Pet There are many options for planning for your pets after you die.  The only option you don’t have is to direct that your pet be immediately put down. Believe it or not, some people ask … Continue reading

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What is an “Estate Tax” or an “Inheritance Tax”?


The estate tax and the inheritance tax are both taxes imposed on property when a person dies.  There are three types of tax that might effect an inheritance: state and federal income tax, state inheritance tax, and federal estate tax. … Continue reading

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