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 parent, the most valuable asset your child has is you
What is Estate Planning?
Estate Planning allows you to determine how your property will be managed while you’re living, how it will be distributed at your death, specify your health care wishes in case you are incapacitated and ensure your loved ones are provided for in your absence.
The flexibility of trusts make them an appealing planning tool. A trust can eliminate the need to appoint a conservator for your estate should you become incapacitated and eliminate the need for probate at your passing.
Special Needs Trust
This special type of trust allows individuals with disabilities to have an unlimited amount of assets in a trust without disqualifying them from government benefits.
Asset Protection Trusts
This type of trust provides creditor and divorce protection for your beneficiaries.
Durable Powers of Attorney
This document allows you to name an agent to make financial decisions for you in case you are incapacitated in any way.
Advanced Health Care Directive
A healthcare directive allows you to designate an agent to make medical decisions for you in case you cannot speak with a doctor yourself.
Unlike the probate process, trust administration is a not a court-supervised process. If you have been named as the Trustee of a loved one’s Living Trust, there are certain steps you need to take.
In the event a loved one dies without an estate plan in place, we can help you determine if probate is needed and walk you through this process.
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 seeking to change its long-standing real estate tax law –