It is always important to review that there are five key areas of financial planning: Preservation, Retirement Planning, Investments, Tax Planning, and Estate PlanningAs a comprehensive financial services firm, we try to always consider the impact of any recommendation we make on not just one, but all of these areas for our clients.The webinar focuses primarily on the economy’s outlook and some year end tax planning ideas which could have an impact on some of your financial … [Read more...]
Webinar Recording: The Ins and Outs of Selling Real Property During a Probate
The sale of real estate in a probate administration proceeding presents a number of traps for some. Failure to comply with all requirements can result in a failure of the sale and the requirement that the process start over. Join us as we discuss common requirements and suggested procedures when selling real property during the Probate process. … [Read more...]
Continuing Legal Education in San Diego
Staying up-to-date is important. That’s especially important in Estate Planning and Elder Law. Academy members attending the semi-annual Academy Summit conference in San Diego learned about the latest developments in Estate Planning and Elder Law. Read on to learn more.Continuing Legal Education in San Diego … [Read more...]
The Questions of Estate Planning, Part 2
People often have questions about Estate Planning. This is the second in a series of articles addressing those questions. This second article addresses “what” Estate Planning comprises. Read on to learn more.The Questions of Estate Planning, Part 2 … [Read more...]
The Questions of Estate Planning, Part 4: Where
People often have questions about Estate Planning. This is the fourth in a series of articles addressing those questions. This fourth article addresses the “where” of Estate Planning. Read on to learn more.The Questions of Estate Planning, Part 4: Where … [Read more...]
The Questions of Estate Planning, Part 3: When
People often have questions about Estate Planning. This is the third in a series of articles addressing those questions. This third article addresses “when” to do Estate Planning. Read on to learn more.The Questions of Estate Planning, Part 3: When … [Read more...]
The Questions of Estate Planning, Part I: Who
People often have questions on Estate Planning. This is the first in a series of articles addressing those questions. This first article addresses “who” should do Estate Planning. Read on to learn more.The Questions of Estate Planning, Part I: Who … [Read more...]
The Heggstad Petition
What is A Heggstad Petition?Sometimes a person who has created a trust may fail to place a property or asset into that trust before they die. This can happen for a number of reasons. Maybe an extenuating circumstance, such as declining health, hindered them from being able to place their property/asset into the trust. Maybe the decedent incorrectly believed the property was transferred; this could be due to improperly filling out the documentation to have the such property/asset transferred. … [Read more...]
Will Nursing Home Costs Consume Your Legacy?
When you are considering what you will be able to leave behind to your loved ones after you are gone, you may be overlooking a huge potential expense.Retirement is viewed as a period of your life when you have a lot of free time to enjoy if you can afford to put your working years behind you. Planning ahead for this interim from a financial perspective will involve evaluating your anticipated ordinary living expenses.Once you are in a position to meet them, you may feel as though the … [Read more...]
Is Probate Always Necessary?
The probate court supervises estate matters, but there are some types of asset transfers that are not subject to probate. First, we should explain some things about probate so you understand why people often try to avoid it.When an estate is being probated by the court, there are expenses that accumulate, and this reduces the amount of the inheritances that will be received by the heirs. There is also a waiting game, because the inheritors do not receive their inheritances while the probate … [Read more...]
