Blog Archives
Common mistakes that affect estate plans
While many people set out to craft air-tight estate plans to be followed in the event of their passing, the entire process is filled with pitfalls that can limit a plan's effectiveness. A recent article regarding estate planning discusses some of these mistakes and the different ways that a person...
Lou Reed relied on written will to disperse $30 million estate
California residents who were fans of late musician Lou Reed may be interested to learn how the 'Walk on the Wild Side" singer handled his estate planning. According to a report filed by one of the two co-executors of Reed's estate, a 34-page will Reed drew up in April 2012 was all the estate...
Review estate plans regularly to keep them current
Estate planning is more than a one-time event in which a person writes a will and gives a power of attorney to a trusted relative or friend. To be most effective, California individuals should review their estate plan on an annual basis to ensure that the decisions they made when they signed the...
What are your duties as an executor of a will?
You have been named the executor of someone's will: now what? You probably have a lot of questions about what you are expected to do and what steps you need to take to get the process started. Being the executor of a loved one's will can be a difficult process, especially since you are still...
What is an advance health care directive and do you need one?
Estate planning can include many different documents that will make your wishes known. While many of us have wills in our estate plans, many of us overlook the importance of having an advance health care directive. What exactly is this document and why should you have one?An advance health care...