On December 20, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act). The SECURE Act, is effective as of January 1, 2020. The Act is the most impactful legislation affecting retirement accounts in decades. The SECURE Act has several positive changes: It increases the required beginning date (RBD) for […]
https://www.calilaw.com/wp-content/uploads/2019/08/Baby-Boomers-91024.jpg6481152CaliLawhttps://www.calilaw.com/wp-content/uploads/2023/04/Cali-Law-Logo-A5-1-300x99.jpgCaliLaw2020-01-09 23:25:572020-01-09 23:26:00SECURE Act: How It Will Affect You and the Beneficiaries of Your Retirement Accounts
In the first part of this series, we discussed the early warning signs of diminished financial capacity in the elderly. Here, we’ll discuss planning strategies that can protect your loved ones from incapacity of all kinds. With more and more Baby Boomers reaching retirement age each year, our country is undergoing an unprecedented demographic transformation […]
https://www.calilaw.com/wp-content/uploads/2019/12/Generational-white-family-91024.jpg325690CaliLawhttps://www.calilaw.com/wp-content/uploads/2023/04/Cali-Law-Logo-A5-1-300x99.jpgCaliLaw2020-01-02 17:45:232020-01-02 17:45:25Don’t Let Diminished Financial Capacity Put Your Elderly Loved Ones At Risk—Part 2
With more and more Baby Boomers reaching retirement age each year, our country is undergoing an unprecedented demographic transformation that’s been dubbed “The Greying of America.” This population shift stands to affect many aspects of life, especially your relationships with aging parents and other senior family members. By 2060, the number of Americans aged 65 […]
https://www.calilaw.com/wp-content/uploads/2019/12/Generational-white-family-91024.jpg325690CaliLawhttps://www.calilaw.com/wp-content/uploads/2023/04/Cali-Law-Logo-A5-1-300x99.jpgCaliLaw2019-12-26 23:08:032020-01-02 17:42:16Don’t Let Diminished Financial Capacity Put Your Elderly Loved Ones At Risk—Part 1
Although digital technology has made many aspects of our lives much easier and more convenient, it has also created some unique challenges when it comes to estate planning. If you haven’t planned properly, for example, just locating and accessing all of your digital assets can be a major headache—or even impossible—for your loved ones following […]
https://www.calilaw.com/wp-content/uploads/2019/12/digital-assets-91024.jpg11721800Marc Garletthttps://www.calilaw.com/wp-content/uploads/2023/04/Cali-Law-Logo-A5-1-300x99.jpgMarc Garlett2019-12-19 20:37:292019-12-19 20:37:315 Steps for Adding Digital Assets To Your Estate Plan
As we head into the thick of the holiday season, you’re likely spending more time than usual surrounded by family and friends. The holidays offer an opportunity to visit with loved ones you rarely see and get caught up on what’s been happening in everyone’s life. And though it might not seem like it, the […]
https://www.calilaw.com/wp-content/uploads/2019/12/family-dinner-91024.jpg477600Marc Garletthttps://www.calilaw.com/wp-content/uploads/2023/04/Cali-Law-Logo-A5-1-300x99.jpgMarc Garlett2019-12-05 19:56:372019-12-05 19:56:404 Tips for Discussing Estate Planning With Your Family This Holiday Season
Although I haven’t experienced it yet, I’ve seen clients, friends, and family watch their kids leave home to attend college or start their career. It can be an emotional time as a parent. On one hand, moving out on their own is a major accomplishment that makes parents proud. On the other hand, having your […]
https://www.calilaw.com/wp-content/uploads/2019/11/adult-children-91024.jpg12001800Marc Garletthttps://www.calilaw.com/wp-content/uploads/2023/04/Cali-Law-Logo-A5-1-300x99.jpgMarc Garlett2019-11-26 17:58:152019-11-26 17:58:17Don’t Let Your Kids Move Out Without Signing These Documents
SECURE Act: How It Will Affect You and the Beneficiaries of Your Retirement Accounts
Asset Protection, Beneficiaries, Elderly, Estate Planning, Estate Planning Blog, Inheritance, Retirement, TaxesOn December 20, 2019, President Trump signed the Setting Every Community Up for Retirement Enhancement Act (SECURE Act). The SECURE Act, is effective as of January 1, 2020. The Act is the most impactful legislation affecting retirement accounts in decades. The SECURE Act has several positive changes: It increases the required beginning date (RBD) for […]
Don’t Let Diminished Financial Capacity Put Your Elderly Loved Ones At Risk—Part 2
Asset Protection, Dementia, Elderly, Estate Planning, Estate Planning Blog, ParentsIn the first part of this series, we discussed the early warning signs of diminished financial capacity in the elderly. Here, we’ll discuss planning strategies that can protect your loved ones from incapacity of all kinds. With more and more Baby Boomers reaching retirement age each year, our country is undergoing an unprecedented demographic transformation […]
Don’t Let Diminished Financial Capacity Put Your Elderly Loved Ones At Risk—Part 1
Asset Protection, Dementia, Elderly, Estate Planning, Estate Planning Blog, RetirementWith more and more Baby Boomers reaching retirement age each year, our country is undergoing an unprecedented demographic transformation that’s been dubbed “The Greying of America.” This population shift stands to affect many aspects of life, especially your relationships with aging parents and other senior family members. By 2060, the number of Americans aged 65 […]
5 Steps for Adding Digital Assets To Your Estate Plan
Asset Protection, Digital Estate Planning, Estate Planning, Estate Planning BlogAlthough digital technology has made many aspects of our lives much easier and more convenient, it has also created some unique challenges when it comes to estate planning. If you haven’t planned properly, for example, just locating and accessing all of your digital assets can be a major headache—or even impossible—for your loved ones following […]
4 Tips for Discussing Estate Planning With Your Family This Holiday Season
Blended Family, Education, Estate Planning, Estate Planning Blog, Family Values, Kids Protection Planning, Parents, Trusts, Wills, Wills vs. TrustsAs we head into the thick of the holiday season, you’re likely spending more time than usual surrounded by family and friends. The holidays offer an opportunity to visit with loved ones you rarely see and get caught up on what’s been happening in everyone’s life. And though it might not seem like it, the […]
Don’t Let Your Kids Move Out Without Signing These Documents
Education, Estate Planning, Estate Planning Blog, Kids Protection Planning, ParentsAlthough I haven’t experienced it yet, I’ve seen clients, friends, and family watch their kids leave home to attend college or start their career. It can be an emotional time as a parent. On one hand, moving out on their own is a major accomplishment that makes parents proud. On the other hand, having your […]