How Does a Gray Divorce Destroy Finances in California?
Americans aged 50 or more are experiencing gray divorce more than ever. The term gray divorce generally refers to the baby boomer generation and affects
Americans aged 50 or more are experiencing gray divorce more than ever. The term gray divorce generally refers to the baby boomer generation and affects
Couples often bring children into a marriage from a prior marriage or union and then have children together. This is often referred to as a
The golden years are turning into bankruptcy red for many retired and aging Americans. While medical advances are keeping seniors alive longer, the associated healthcare
Many people have been told that it is important for people to “avoid probate.” But just because people may have heard that term, doesn’t mean
Estate planning for the future inheritance of your children and grandchildren should include protective measures to keep assets from disappearing or being claimed by a
Although owning property with family may let you pass on the asset without going through probate, there are several risks, including taxes, creditor exposure, and
As you have probably heard by now, keeping physical distance between us is crucial to stop this virus. Call or email us to find out
Kevin stands at the door of Winnie’s nursing home room, tears streaming down his face. The medical staff just finished inserted a feeding tube into
As Gen Xers enter into their 40s and 50s, it is time for them to become active in the creation and execution of their retirement
When your child turns 18 (in most states), it might be hard to imagine that little child who once needed you for everything has now
There are very few individuals without a digital footprint anymore. From social networks like Facebook, Linkedin, Instagram, Twitch.tv and Twitter, blogs and licensed domain names,
Millennials include fiscally conservative, savings oriented, and future planners seeking financial freedom as core attributes. A large part of millennials’ formative years was influenced by
We hear this question all the time: “Can’t I just grab a will off the internet, do a transfer-on-death deed for my land, put my
Whether you are the Executor or an heir of the probate estate in California, knowing the lawyer’s role is one of the first steps you
Today, more Americans are finding themselves or their loved ones in need of nursing home care as our populations’ ages. Often, nursing home care is
What is a Special Needs Trust? In general, a trust is created when property or assets are managed by a person or firm for another
It is a common practice for parents to treat their children equally when it comes to inheriting property or money. But sometimes, parents intentionally choose
We all had our eyes on the election results last week. For Californians, we have a few law changes that might impact our property taxes.
1. My family and I don’t own much. Can’t we put off planning until we can afford it? You shouldn’t. It is crucial to give
Your right to vote is a fundamental lynchpin of what it means to be a citizen – yet you could lose your right if you
Mistakes can be made when it comes to inheritances and Medi-Cal. Those mistakes can be costly. When a person is drawing Medi-Cal benefits and inherits
Writing a letter of intent (LOI) for your special needs child can help bring them family continuity and comfort after you are gone. As a
On November 3rd, California residents will do more than elect new government leaders. They will also vote on two separate amendments to the California constitution
This is a common question we hear at Basar Law. Read on for information to help figure out whether you need a trust and, if
Kevin stands at the door of Winnie’s nursing home room, tears streaming down his face. The medical staff just finished inserted a feeding tube into
Contemplating our own death is one of the hardest challenges we will ever have to face. Yet, if we want our dying to be meaningful
A stereotype that persists in today’s society is that only high-net-worth families need to worry about estate planning. But, in reality, estate planning, or at
SECURE Act: How It Will Affect You and the Beneficiaries of Your Retirement Accounts On December 20, 2019, President Trump signed the Setting Every Community
Determining what you want to include in your estate plan is just the first step in the estate planning process. You must document your desires
After spending the time and expense to create an estate plan, you might have assumed that you would never need to revise your estate plan.
If a California estate planning attorney asks individuals how they intend to protect their family’s future, the responses vary. Some people focus on providing for
If you are wondering when the best time to discuss an estate plan with a California estate planning would be, it would be now. Everyone
While pets may be much-loved members of your family the law does not allow you to leave money to your pets when you die. However,
Talking to parents about finances, funeral plans, and estate planning is never easy. You may view “the talk” in the same way your parents viewed
Estate planning is a subject that few families want to discuss because it requires family members to acknowledge a loved one’s mortality. However, discussing your
If you are avoiding estate planning because you think you do not have enough assets to probate or you think estate planning is only for
When a spouse or parent dies, you may face overwhelming responsibilities, all while dealing with the shock and grief over your loss. There are a
If you have already set up your living trust, that is a great step towards ensuring that your assets will be protected from government interference
For most Americans, retirement accounts are one of their biggest assets. When it comes to leaving our retirement accounts to our loved ones through an
Over the past few years, we’ve all read headlines about celebrities not having a will in place before they passed away. Aretha Franklin, Prince, even
‘Estate’ is a fancy word. It merely means every asset you own, including your home, bank accounts, all your personal property. Depending on the size
What is Estate Planning? Estate Planing allows you to determine how your property will be distributed at your death, specify your health care wishes in
Estate planning For young adults is necessary because drafting an advance health care directive is the last thing on their minds. Many of us, at
The Supreme Court in Obergefell vs. Hodges made same-sex marriages legal across the nation holding same-sex married couples are now entitled to the equal protection
Most people think they do not need to worry about estate planning until they have fulfilled at least a few big life goals like buying
1. Do I need a living trust? A living trust allows you to transfer your assets into your trust to administer for your benefit while