Estate Planning

A comprehensive estate plan should focus on ensuring that your assets are distributed pursuant to your instructions after you pass away and that your wishes are honored both while you are alive and after you are gone. That same plan, however, can accomplish numerous other interrelated goals. For example, if you live your daily life focused on sustainability and eco-friendliness, why not incorporate those goals into your estate plan as well. Toward that end, the Los Angeles attorneys at Schomer … [Read more...] about Ideas for Eco-Friendly Estate Planning

Finding out that you have a terminal illness or disease is not something you are ever prepared for – even if you suspected that the news would not be good. Everyone handles the reality of their own mortality differently with some people getting lost in denial, others spiraling into depression, and yet others determined to make the most of every minute they have left. Focusing on the practical steps you need to take is one way to handle a terminal diagnosis, regardless of whether it simply … [Read more...] about What to Do After a Terminal Diagnosis: A Practical Guide

Establishing a comprehensive estate plan is beneficial for every adult, but for single parents, it holds even greater significance in safeguarding their children's future. The Los Angeles attorneys at Schomer Estate & Wealth Advisors explain how estate planning can help single parents to ensure the well-being and financial security of their children. Estate Planning Is Even More Important for Single Parents Whether single parenting is a matter of circumstance or choice, it presents unique … [Read more...] about Estate Planning for Single Parents

If you are a person who cannot say no when asked to help someone else or contribute to a worthy cause, you are not alone. Fortunately, for society, some of us are compelled to give to charity and to help others. While true giving should not focus on getting someone in return, you do not need to ignore potential benefits or adverse consequences when you plan your charitable gifting. To help you plan wisely, the Los Angeles attorneys at Schomer Estate & Wealth Advisors explain five ways to … [Read more...] about 5 Ways to Incorporate Charitable Gifts into Your Estate Plan

Undoubtedly, creating a well-thought-out estate plan is a significant gift for your family. The decision to include your family in this process is highly personal, influenced by factors such as family dynamics, estate value, and your preference for privacy or openness. To guide you in this journey, the Los Angeles attorneys at Schomer Estate & Wealth Advisors discuss whether you should include your family in your estate planning process. Understanding Your Estate Plan It is crucial to … [Read more...] about Should My Family Be Involved in My Estate Planning Process

When it comes to estate planning, many focus solely on how their current assets will be distributed after they're gone. But for some, there's another factor to consider -- residual income. This refers to earnings generated from past work that continue even after death. To ensure your estate plan covers all the relevant bases, the Los Angeles attorneys at Schomer Estate & Wealth Advisors discuss estate planning strategies tailored for those anticipating ongoing, or residual, … [Read more...] about Planning for Ongoing Income in Your Estate