How to Practice Proper Legacy and Estate Planning
Transferring wealth to your family can be a complex process, and it is important to be aware of the risks and challenges involved. A significant number of wealthy families lose their wealth by the third generation, and therefore, it is essential to know the risks that affect wealthy retirees and have strategies in place to […]
Know The Two Staples of Estate Planning – Trusts and Wills
Planning for after your death can be difficult. However, deciding how to distribute your assets is critical for your family and your legacy. If you neglect to plan for your succession, your assets may end up in legal battles with your loved ones, and you don’t want that. Therefore, it is critical to get started […]
When Is the Last Time You Reviewed Your Beneficiaries?
Who are the beneficiaries of your financial accounts, retirement funds, and assets? One crucial step in creating a will or trust is to choose the heirs who will receive the value of these funds after you are gone. Therefore, knowing your beneficiaries is an essential step of the estate planning process. Once the legal documentation […]
Why We Feel All California Home Owners Should Have a Trust
As a homeowner, protecting the value of your property and ensuring that the equity can be passed along to your heirs in the future may be important to you. Therefore, you should consider putting the house into a trust as part of your financial planning strategy. Regardless of your age or financial situation, we recommend […]