San Jose California Estate Planning Law Blog

Aug. 29, 2019

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…

Aug. 6, 2019

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…

July 26, 2019

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…

July 15, 2019

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…

July 3, 2019

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…

June 26, 2019

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…

June 25, 2019

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…

June 13, 2019

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….

June 6, 2019

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…

June 3, 2019

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…