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Prop 19 Effects Property Tax Reassessments on Inherited Real Estate
Asset Protection, Digital Estate Planning, Education, Estate Planning, Estate Planning Blog, Family, News, Real EstateProposition 19 changes the way real estate may be passed down from parents to children in California. Here are 6 key things you should know about this new law: Prop 19 eliminates the ability for children to receive property from their parents without a property tax reassessment unless (adult) children use the property as their own primary […]
5 Questions to Ask Before Hiring An Estate Planning Lawyer -Part 2
Digital Estate Planning, Education, Estate Planning, Estate Planning Blog, Family, Family Values, Healthcare, Inheritance, Legacy Planning, Personal, Power of Attorney, Real Estate, Trusts, WillsSince you’ll be discussing topics like death, incapacity, and other frightening life events, hiring an estate planning lawyer may feel intimidating or morbid. But it doesn’t have to be that way. Instead, it can be the most empowering decision you ever make for yourself and your loved ones. The key to transforming the experience of […]
5 Questions to Ask Before Hiring An Estate Planning Lawyer – Part 1
Asset Protection, Common Mistakes, Digital Estate Planning, Estate Planning, Estate Planning Blog, Family, News, ParentsSince you’ll be discussing topics like death, incapacity, and other frightening life events, hiring an estate planning lawyer may feel intimidating or even morbid. But it doesn’t have to be that way. Instead, it can be the most empowering decision you ever make for yourself and your loved ones. The key to transforming the experience […]
Remarrying in Midlife? Avoid Accidently Disinheriting Your Loved Ones
Asset Protection, Blended Family, Common Mistakes, Education, Estate Planning, Estate Planning Blog, FamilyToday, we’re seeing more and more people getting divorced in middle age and beyond. In fact, roughly one in four divorces involve those over 50, and divorce rates for this demographic have doubled in the past 30 years, according to the study Gray Divorce Revolution. For those over age 65, divorce rates have tripled. With […]
6 Things You Should NOT Include in Your Will
Asset Protection, Common Mistakes, Education, End of Life, Estate Planning, Estate Planning Blog, Family, Parents, Personal, WillsA will is one of the most basic estate planning tools. While relying solely on a will is not a suitable option for most people, just about every estate plan includes this key document in one form or another. A will is used to designate how you want your assets distributed to your surviving […]
Getting Divorced? Don’t Overlook These 4 Updates to Your Estate Plan – Part 2
Asset Protection, Blended Family, Common Mistakes, Divorce, Estate Planning, Estate Planning Blog, Inheritance, Kids Protection PlanningLast week in part one [https://www.calilaw.com/getting-divorced-dont-overlook-these-4-updates-to-your-estate-plan-part-1/], we discussed the first two changes you should make to your plan if you’re getting divorced: updating your beneficiary designations and power of attorney documents. Here in part two, we’ll cover the final updates to consider. Create a new will Creating a new will is not something that can […]