by Christine Brown | May 18, 2022 | Blended Families, Estate Planning
No matter how much you love your stepchildren and want to plan for their futures, California laws don’t recognize stepsons and stepdaughters as immediate heirs. Knowing that, if you don’t specifically list your stepkids in your estate plan, they won’t have any legal...
by Christine Brown | Apr 24, 2022 | Estate Planning
You might not think creating an estate plan is necessary unless you’re older or have developed a terminal illness. However, an estate plan can benefit people of any age. It’s a good idea to plan for the unexpected, so your assets remain protected and anyone who...
by Christine Brown | Mar 17, 2022 | Estate Planning
The Covid-19 pandemic continues to affect individuals and families throughout the country. During the last two years, many people started thinking about their futures and the type of financial security they require in their lives. Business owners reevaluated how they...
by Christine Brown | Feb 28, 2022 | Estate Planning, Estate Tax
When you create an estate plan, you might wonder how to avoid or reduce gift and estate taxes when your beneficiaries receive your assets. An irrevocable trust is an excellent option to accomplish this goal. More specifically, a Grantor Retained Annuity Trust (GRAT)...
by Christine Brown | Feb 15, 2022 | Estate Planning
While creating an estate plan with a Torrance will and trust lawyer, it’s often best to include directives regarding medical treatment, incapacity, and end-of-life care. If you don’t outline your wishes for these particular scenarios, you may leave your family with...
by Christine Brown | Jan 30, 2022 | Estate Planning, Probate
When a decedent leaves behind unpaid debts, creditors have certain rights when it comes to reclaiming those debts. However, a creditor’s ability to enforce their rights could be significantly limited if they fail to enter their claim within the appropriate time frame....
