All California adults should consider creating an estate plan. However, you should know about the most common estate planning mistakes and how to avoid them. Not having an estate plan The biggest mistake you can make is not having an estate plan at all. If you die...
Month: September 2022
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Should you include an irrevocable trust in your estate plan?
California allows you to create irrevocable trusts in your estate plan. An irrevocable trust is mostly set in stone, so you should be fairly certain before setting it up because you won't be able to revoke or modify it. The benefits of an irrevocable trust are...
Your estate plan considerations after being incapacitated
Creating an incapacity plan, but it's not something to avoid. If something happens and you don't have one, it makes it harder on your family and friends. California defines incapacity as an inability to perform acts or make decisions. An incapacity plan allows capable...