by Christine | Dec 26, 2015 | Beneficiary Designation, Estate Planning |
Many people fail to change the beneficiaries named in their IRA or retirement plans until it's too late. If you have been divorced and especially if you've remarried, don't give your ex your hard-earned retirement savings. Make sure the beneficiaries on...
by Christine | Dec 24, 2015 | Estate Planning |
As you work with a trust attorney in Torrance, California, you will likely end up making a list of your assets. Some of these are tangible, such as property and heirloom jewelry. Others are not so obvious and could include important documents related to marital status...
by Christine | Dec 24, 2015 | Uncategorized |
When and how to file for Social Security benefits is not simple. How old you and your spouse are when you file for Social Security can have a huge impact on your lifetime benefits. A national study shows that informed individuals make far better decisions, while...
by Christine | Dec 24, 2015 | Charitable Giving, College Planning, Estate Planning, GIfting, Individual Retirement Accounts (IRA) |
Before you plan your New Year's Eve festivities, take some time for end of the year financial tasks. Tidying up money matters before the year's end will help you begin the New Year with a fiscal advantage! We love making New Year's resolutions. But more...
by Christine | Dec 23, 2015 | Estate Planning, Inherited IRAs, Required Minimum Distribution (RMD) |
Tis' the season to take required minimum distributions, right? Inheriting an IRA can be a financial blessing but you have to be extremely careful about withdrawing the funds. There are a number of mistakes you can make that can result in a missed opportunity for...
by Christine | Dec 22, 2015 | Estate Planning, Mortgage, Probate |
When setting up an estate plan, most people are concerned with what will happen to their belongings: money, jewelry, house, etc. But little thought is ever given to what will happen to their debts when they pass away, notably their mortgage. For years, many people...
by Christine | Dec 21, 2015 | Estate Planning, Guardianships |
The short answer is: it depends. This is a question we get a lot, and one we typically discuss at length with non-married parents during our planning sessions. When one of the parties of a divorce decree dies, this will end the custody agreement because there’s no...
by Christine | Dec 18, 2015 | Inheritance, Inherited IRAs, Investments |
Inheritances mostly occur at the same time as great losses. Individuals deep in the grieving process should not make large decisions of any kind at this time. If an experienced financial professional can make mistakes when dealing with an inheritance, imagine the bad...
by Christine | Dec 17, 2015 | Pet Trust |
Every dog has his day, but this particular dog is having his day in Court! When one of the creators of The Simpsons passed away, he left his beloved dog in the care of a dear friend. But the estate of Sam Simon has so far not been able to reach an agreement with how...
by Christine | Dec 16, 2015 | Estate Planning |
Wills and trusts lawyers in Torrance handle so much more than just the creation of legal documents. One of the most important parts of the job is educating and guiding clients through their options, which often depend on the client’s unique financial and family needs....
