by Christine Brown | Feb 8, 2023 | Estate Planning, Inheritance, Inherited IRAs, Retirement
Inheriting a retirement account, such as a 401(k) or an IRA, can benefit a person struggling with their finances. It can help pay bills and create more stability. However, any Torrance inheritance lawyer will tell you that ignoring federal regulations can lead to...
by Christine Brown | Jan 24, 2023 | Estate Planning
Designating your estate as the beneficiary of your IRA might make sense to you. It’s simpler than choosing one or several loved ones as beneficiaries. It can also prevent future arguments and lawsuits among your family since you’re not naming one person over...
by Christine Brown | Jan 17, 2023 | Estate Planning
Amyotrophic Lateral Sclerosis (ALS), also called Lou Gehrig’s disease, affects the nerve cells that control voluntary muscles, eventually leading to paralysis. It prevents people from talking, walking, and, eventually, breathing. Typically, patients diagnosed...
by Christine Brown | Jan 9, 2023 | Estate Planning, Funeral Planning, Probate
A funeral is a traditional method of honoring a person’s life after death. However, some people don’t feel comfortable having one. Choosing not to have a funeral is entirely acceptable. Your loved ones don’t have to attend the sad event if you want...
by Christine Brown | Dec 15, 2022 | Estate Planning
Outlining your final wishes is essential to ensure that your assets are passed to their intended recipients as smoothly as possible after you die. If you have done the diligent work of putting your estate plan into place, you may believe that you have completed all...
by Christine Brown | Nov 30, 2022 | Estate Planning, Estate Tax, Portability
Federal estate tax law includes a provision called portability. This provision only applies to married couples. It allows the surviving spouse to use any part of their deceased spouse’s unused estate and gift tax exemption. Including portability in an estate plan...