Many people make the mistake of letting their estate plan sit. Yet, life happens, and you may need to make changes to it that reflect your current circumstances. By knowing when and why you must update your estate plan, you can manage it from a position of strength....
Your children are grown up and out of the house. You are proud of how independent they have become, but you are still their Mom or Dad. You want to be there to help them if they ever need it. When your kids were teenagers, you had parental rights over them that...
Disabled Californians rely on public benefits payments to support them in their daily lives. Receiving a large sum of money as an inheritance, however, can put those benefits at risk. In these cases, establishing a supplemental needs trust could give them the funding...
The news often reports about persons in the public eye with fortune and fame that die suddenly without a will or with a terribly outdated estate plan. Because the celebrity with high net worth failed to address who will inherit their assets with a will or trust that...
Real estate is often among the most valuable assets we own. A house purchased a few decades ago may have ballooned in value, making it worth far more than you could have ever imagined. The question is: What should you do with it long-term? Many older adults want to...
If you have an estate plan, you’re doing better than about 50% of Americans, who don’t have a plan in place at all. Good job! Now, have you considered the need to update or amend your plan? You can’t just cross things out and initial your changes. For one thing, you...
Do you want to begin the estate planning process in California, but don’t know where to start? Don’t worry! At the Law Office of Rodney Gould, we know that the estate planning process can be complicated. But as an experienced lawyer, Rodney Gould, is happy to answer any questions you have.
Choosing an estate planning attorney in California can be confusing, particularly if you’ve never hired a lawyer before. In order to help make this decision a little easier for you, we’ve compiled the following tips to help get you started.
Estate planning is important on so many levels. It is far too easy to keep putting it off. It involves facing some difficult choices and confronting some potentially unpleasant situations such as death or incapacitation. Failure to properly plan for your future, your family’s future, and your estate’s future, however, can have dire consequences.
Probate is a notoriously lengthy and often expensive process. In the estate planning process, many people look to either eliminate the need for their estate to go through probate or at least minimize the things that will be subject to probate. In California, certain estates deemed to be “small estates” have the option of going through a simplified process for settling an estate.
