When Prince died over nine (9) years ago, he shocked his fans one last time. Turns out, his unexpected death wasn’t the last surprise. Prince died without an Estate Plan causing his siblings to spend the next six years fighting over his Estate. Continue reading to learn more. … [Read more...] about “Let’s Go Crazy” … Over Prince’s Estate
Estate Planning
Why Your Choice of Executor Matters in California
When most individuals begin the estate planning process, the first legal document they prepare is usually a Last Will and Testament. In drafting your Will, your primary focus often falls on determining how your property will be distributed among your loved ones. While these decisions are significant, another critical element of your Will is the appointment of an Executor. This role is far more influential than many people realize. Selecting the wrong person can lead to unnecessary complications, … [Read more...] about Why Your Choice of Executor Matters in California
5 Estate Planning Steps to Take Before Traveling
Whether you are heading off on a long-awaited summer getaway or taking off to visit family for the holidays, it is important to take a moment to ensure your legal affairs are in order before you leave. Whether you are traveling alone, as a couple, or with your entire family, addressing a few key estate and emergency planning tasks can provide meaningful peace of mind and help avoid unnecessary complications while you are away. Toward that end, the Los Angeles attorneys at Schomer Law Group, APC … [Read more...] about 5 Estate Planning Steps to Take Before Traveling
National Make-a-Will Month
Although many Estate Plans have a Revocable Trust as the foundation for the plan, Wills play an important role in a comprehensive Estate Plan. Alarmingly, most Americans don’t have a Will even though they know it’s important. As National Make a Will month comes to a close, let’s explore the often overlooked and neglected Estate Planning document, the Will. Continue reading to learn more. … [Read more...] about National Make-a-Will Month
How Specific Devises Impact Inheritance
Parents often decide to leave one child a specific asset and provide an equalizing cash bequest to the other. This article explores how specific bequests may provide unintended results. Continue reading to learn more. … [Read more...] about How Specific Devises Impact Inheritance
3 Estate Planning Mistakes That Can Cost Your Beneficiaries in California
Just thinking about the need for an estate plan may make you feel uncomfortable while the prospect of creating that plan can be overwhelming. After all, estate planning requires you to think about your own mortality and focus on how your property should be divided after you are gone. Nevertheless, creating an estate plan ensures that your loved ones receive the assets you intended them to have and that your estate is administered according to your instructions. To make sure that your wishes are … [Read more...] about 3 Estate Planning Mistakes That Can Cost Your Beneficiaries in California
5 Ways to Distribute Your Personal Belongings in Your California Estate Plan
When preparing an estate plan, many people focus on distributing large assets like bank accounts, retirement funds, and real estate. Yet personal property, objects like family heirlooms, artwork, jewelry, or even holiday ornaments, can present some of the most emotionally charged challenges in estate planning. While these items may hold modest financial value, their sentimental importance can run deep, especially within families that share strong memories tied to specific possessions. Unlike … [Read more...] about 5 Ways to Distribute Your Personal Belongings in Your California Estate Plan
How to Help Prevent Sibling Conflict Over Your California Estate
Most people create an estate plan with two primary goals in mind: ensuring their assets are passed down according to their wishes and reducing confusion or conflict among loved ones. If you are a parent, particularly of adult children, you may also be concerned about the possibility of sibling disputes after your death. Planning ahead can make a significant difference. With thoughtful decisions and clear communication, you can reduce the risk of disagreements that might divide your family and … [Read more...] about How to Help Prevent Sibling Conflict Over Your California Estate
Graduation . . . What’s Next?
While summer gives us pools, barbecues, and a break from the usual grind, it also provides an opportunity to undertake some necessary Estate Planning, especially for young adults heading off to college. Continue reading to learn more. … [Read more...] about Graduation . . . What’s Next?
No More Cheeseburgers in Paradise
Jimmy Buffett’s brand of music inspired a way of life dedicated to relaxing. A trip to Key West, Florida embodies everything Jimmy held dear and serves as the backdrop to many of his songs. More than one city hosts a restaurant titled after his hit song, “Margaritaville.” While Buffett appeared to live a carefree lifestyle full of fun, his 2023 death alerted us that his passing left some issues unresolved. Continue reading to learn more. … [Read more...] about No More Cheeseburgers in Paradise










