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Estate Planning Archives

Talking to loved ones about your estate plan

Our law firm recognizes that estate plans can be challenging for a multitude of reasons. In fact, simply deciding which type of estate plan is best, such as a will or a trust, can be difficult. However, there are far more emotional and stressful issues you may be facing. For example, you could be unsure of how to divide your estate among your loved ones after you pass away. Or, you could be worried that your decisions will create a rift in the family or leave some beneficiaries very upset. With that said, it is important to make sure that your estate is distributed according to your wishes.

Protect your heirs with a spendthrift trust

People in California who have a large estate need to think about what may happen to their wealth upon death. Even though you may have named beneficiaries, you need to ask whether they are responsible individuals. Too many times, those who receive a lot of money from a trust do not know how to spend it wisely, and it can disappear very quickly. If this may be the case in your situation, consider setting up a spendthrift trust to protect your heirs and your wealth.

Keeping your spouse in your will after divorce

With divorce, each couple’s case is unique. Sometimes, the experience can be very difficult for both parties and leave each spouse with a considerable amount of bitterness. However, the end of marriage is not always very difficult, and some couples are able to remain friends after they have separated. Often, people make changes to their estate plan once they split up with their partner, such as removing them from a will or making changes to who is listed as a beneficiary and what they will receive. However, some people decide to keep their spouse in their will following a divorce.

Are holographic wills accepted in California?

People have a wide range of questions when it comes to estate planning, whether they are unsure of which type of trust to set up or are having difficulty naming an executor. However, some are unsure if certain facets of estate planning are even recognized in California, such as holographic wills. If you have any questions regarding your estate, it is essential to find answers while thinking about which options are best given your circumstances.

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