by Kathryn A. Flanigan | Nov 10, 2016 | Trustees; Executors & Fiduciaries
People in California who are creating an estate plan might wonder under what circumstances they would be able to successfully challenge a will. In reality, wills are rarely challenged, and when a challenge is successful, it is usually one that is brought by a spouse...
by Kathryn A. Flanigan | Nov 2, 2016 | Estate Planning
When California residents decide to develop an estate plan, it is important that they understand the difference between bequests and beneficiary designations. After a will holder passes away, their assets will generally be distributed according to their wishes...
by Kathryn A. Flanigan | Oct 24, 2016 | Estate Planning
People in California who live part of the year in another state should consider the implications for their estate plan. Only one of their states will be their legal residence, but if they own property in both states, they should take steps to protect those assets.One...
by Kathryn A. Flanigan | Oct 17, 2016 | Estate Planning
Estate planning and angel investing can be used to secure assets for future generations. California residents may be interested in learning which methods and strategies can be used to make sure their investments can benefit their beneficiaries. Angel investors should...
by Kathryn A. Flanigan | Oct 14, 2016 | Estate Planning
A will is an estate planning document that among other things allows an individual to pass assets to beneficiaries after death Those who do not have a will have their assets distributed in accordance with California intestacy law. It may also be possible to name a...
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...
