PARENTS & HOMEOWNERS: MY 7-STEP ESTATE PLANNING PROCESS WILL PROTECT YOUR HEIRS
From Creditors, Predators & Bad Choices, And Will Help You Become a (Bigger) Hero to Your Family!
How to Start the Estate Planning Process
What is Estate Planning and Why is it Important? Estate planning is the process of organizing and documenting how your assets and responsibilities will be managed and distributed after your death or in the event of incapacitation. It involves creating legal documents, such as wills, trusts, and powers of attorney, to ensure your wishes are…
Trust Administration: Duties and Responsibilities Explained
Trust Administration: Duties and Responsibilities Explained Welcome to our comprehensive guide on trust administration! Whether you’re a trustee or just curious about what happens behind the scenes, understanding the duties and responsibilities involved in trust administration is crucial. In this blog post, we’ll break down the essentials in a friendly and informative way. 😊 Table…
How Do Changes to My Trusts Affect My Taxes?
Hello there! I’m Eric Ridley, an estate planning lawyer from California. Today, let’s talk about something that puzzles many: how do changes to your trusts affect your taxes? Trusts are like containers where you keep your assets for the future. They come in different shapes and sizes, and yes, they interact with taxes in various…
Estate Planning Attorney Explains Why You Need A Will And Trust
Among other benefits, your will and trust can prevent fights. This estate planning attorney explains: A last will and testament can be a huge fight for families What will happen to your house when you die? An estate attorney can make a plan. But if you don’t have an estate attorney, you may be surprised…
Understanding Probate vs. Non-Probate Assets: A Complete Guide for Effective Estate Planning
Probate vs. Non-Probate Assets: A comprehensive guide explaining the difference between probate and non-probate assets, and the importance of estate planning, with a call to action to consult with attorney Eric Ridley for personalized assistance in navigating the probate process and ensuring proper asset distribution.
What Is Probate Administration?
When someone dies, that person’s legal and financial affairs need to be settled legally. The process of doing so is probate administration. This process could include collecting property, filing taxes, paying off loans, or allocating any property that the deceased (referred to in probate as the “decedent”) still owned. Probate is required if the value…
The Benefits of a Will and Trust Combination
What is a Will and Trust? Definition of a Will A will, also known as a last will and testament, is a legal document that outlines how a person’s assets and possessions will be distributed after their death. It allows individuals to name beneficiaries, specify who will inherit specific assets, and appoint an executor to…
How to Find the Best Estate Planning Attorney in Fillmore
How to Find the Best Estate Planning Attorney in Fillmore Planning for the future can be daunting, but finding the right estate planning attorney doesn’t have to be. Whether you’re setting up a will, trust, or handling other estate matters, having an expert by your side makes all the difference. 🏡 In this guide, we’ll…
What Should You Not Put in a Living Trust?
What Should You Not Put in a Living Trust? Source: images.pexels.com Creating a living trust can be a wise decision for effectively managing your estate. It offers numerous advantages, such as asset protection from creditors, control over your assets, and privacy from the probate process. While the benefits are appealing, it’s crucial to understand…