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!
Pet Trusts: Ensuring Your Furry Friend’s Future in California
Pet Trusts: Ensuring Your Furry Friend’s Future in California For many Californians, pets are not just animals; they are cherished family members. But have you ever considered what would happen to your furry friend if you were no longer able to care for them? This is where pet trusts come into play. In this blog…
What is the Difference Between a Living Will and an Advance Healthcare Directive?
Maybe you have spent time in the medical field or have begun planning your own wishes regarding the future of your medical care. If so, you are probably familiar with the terms “living will” or “advance healthcare directive.” But what, specifically, are they? How do they differ from each other? And most importantly, how do…
Can I Change My Trust?
As an estate planning lawyer in California, I often encounter trust questions. A trust is a legal arrangement where you transfer assets to a trustee to benefit a beneficiary. It’s like giving someone a box of your valuables to hold onto for someone else. You might wonder, “Can I change my trust once it’s set…
Why Estate Planning Is Important
Once you have decided to create an estate plan, you will need to decide how you want to distribute your assets.
The Importance of Regularly Updating Your Estate Plan
Over time, your life circumstances, financial situation, and relationships may change, making it important for you to regularly update your estate plan. By ensuring that your estate plan aligns with your current wishes and needs, you can effectively protect your assets and provide for your loved ones as intended. Failing to keep your plan updated…
How To Talk To Your Parents About Estate Planning
People tend to avoid talking about death and estate planning because they think it’s morbid or emotional.
Who Should Be the Trustee?
Hello, I’m Eric Ridley, an estate planning lawyer from The Law Office of Eric Ridley in California. Today, let’s talk about a crucial aspect of estate planning: choosing the right trustee. This decision can significantly impact how your trust operates, and it’s essential to understand your options. Understanding the Role of a Trustee A trustee…
The Benefits of a Revocable Living Trust
What is a Revocable Living Trust? A revocable living trust is a legal document that allows an individual, known as the grantor, to place their assets into a trust during their lifetime while retaining control over them. This type of trust is "revocable," meaning the grantor can modify, amend, or completely revoke it at any…
What Happens if I Die Without a Will in California?
Alright, let’s start simple. If you die without a will in California, the state decides who gets your stuff. Yep, it’s called “intestate succession.” Simply put, the state has rules in place to determine where your property goes, and it might not be where you’d want it to go. If you had some heirlooms you…
Busting the Top 7 Misconceptions About Revocable Living Trusts in California
Let’s talk about something that might seem a little daunting but is actually super important: revocable living trusts in California. I practice estate planning, as an estate planning attorney in Camarillo and Ventura, You may have heard a few things about living trusts, but are they accurate? Let’s go through the top 7 misconceptions people…