WHAT HAPPENS TO YOUR ONLINE ACCOUNTS WHEN YOU DIE?
So much of our life is spent online. We access our bank accounts, send emails, connect with friends, store family photos, and spend hours on social media. Have you considered what happens to these online accounts when you’re gone? Who will have access to your email? Will your family be able to post on your Facebook page?
Read MoreTHE HEALTHY ESTATE
At the time of this writing President Trump’s proposed tax plan is still uncertain. Along with tax reform, the proposal calls for a complete elimination of the estate tax in 2023 and an increased estate tax exclusion amount beginning January 1, 2018, through 2023. There is also a proposal to eliminate the generation-skipping transfer tax.
Read MoreARE YOU ORGANIZED FOR THE NEW YEAR?
The most common phrase I hear is, “I need to do estate planning. I just haven’t gotten around to it.” Whether you are creating your estate plan for the first time or your current plan needs a review, you now have a round “TUIT.” With the end of the year upon us, this is the right time to get organized for 2018.
Read MoreESTATE PLANNING ‘HOW-TO’ FOR YOUR DIGITAL ASSETS
There is no federal law regulating access to digital properties as of now: however, many states have established estate planning laws or legislation for protecting the digital assets of people when they die. In California, the law named “the Uniform Fiduciary Access to Digital Assets Act” is active since January 1st, 2017.
Read MoreESTATE PLANNING TIPS FOR YOUR PETS
Worried about who will take care of your beloved pets when you‘re not around? Make a pet estate plan to ensure a good life for your pets as you would do for your own children.
Read More5 GREAT TRAITS OF AN ESTATE PLANNING ATTORNEY
An estate planning attorney must have several positive attributes. For many people, their estate is relatively simple with the majority of their assets going to family members. If you have a large estate, the complexities may make it more difficult to plan effectively on your own.
Read MoreESTATE PLANNING FOR SINGLES: ISSUES AND ESSENTIALS
These days nearly half of all Americans are single. If you are single and must deal with estate planning, it’s important to meet with a professional and consider the following points.
Read More5 Things to Consider While Creating a Will in California
The reason a last Will and Testament is important is because it clarifies who takes possession of assets owned by a person after their death. Without a will, unresolved confusion and tension may occur within a family.
Read More3 TIPS FOR OVERWHELMED EXECUTORS
While it is an honor to be named as an executor of a will or estate, it can also be a sobering and daunting responsibility. Being an executor (sometimes called a personal representative) requires a high level of organization, foresight, and attention to detail to meet responsibilities and ensure that all beneficiaries receive the assets to which they are entitled.
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