by Kathryn A. Flanigan | Oct 5, 2016 | Estate Planning
Some older California residents who are preparing their estate plan might consider setting up an educational trust for their grandchildren. While a 529 savings plan can fund an education as well, a trust has a few advantages over it. A trust can help ensure that the...
by Kathryn A. Flanigan | Sep 28, 2016 | Estate Planning
A trust can be an effective estate planning tool for California residents. However, it is important to choose the trust that best fits an individual’s needs. For those who want to keep control over assets, a revocable living trust may be best as settlors can...
by Kathryn A. Flanigan | Sep 19, 2016 | Estate Planning
California residents may want to take the time to write a will and create an estate plan so that their family members do not have to let state intestacy laws decide how their assets should be divided. The single biggest estate planning mistake that a person can make...
by Kathryn A. Flanigan | Sep 15, 2016 | Inheritances
Receiving a major inheritance can feel like a gift. However, beneficiaries in California should understand that overseeing a large sum of money also involves a lot of responsibility. The mishandling of money may be a result of unexpected fees or bad decisions made due...
by Kathryn A. Flanigan | Aug 23, 2016 | Estate Planning
When you hear the word “will” in relation to estate planning, you probably think of a substantial document that contains numerous provisions detailing how you would like your property and assets to be divided upon your death. However, there is another type...
