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!

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Understanding the Average Cost for Will and Estate Planning

By Estate Planning Attorney Eric Ridley | Jan 9, 2025

Discover the average cost for will and estate planning, learn about factors influencing costs, and explore strategies to efficiently manage your estate.

Avoid These Common Mistakes: What Not to Include in Your Living Trust

By Estate Planning Attorney Eric Ridley | Jan 4, 2025

When establishing a living trust, one of the most frequent errors individuals make is incorrectly designating beneficiaries. It is crucial to carefully deliberate on who to include and exclude as beneficiaries, as failure to do so can result in unintended consequences and potential family disputes. For instance, if you have children from a previous marriage…

When is Probate Required in California?

By Estate Planning Attorney Eric Ridley | Dec 17, 2024

If a person dies and leaves behind an estate, property, or assets in California that needs to be transferred to a beneficiary, probate is required. If a decedent’s property is left behind, the probate process provides distribution of that property to the heirs of the decedent. Survivors may also open probate proceedings if the decedent…

Introducing Financial Concepts to Children at Different Ages: A Guide to Teaching Money Management Skills

By Estate Planning Attorney Eric Ridley | Dec 14, 2024

Age-Appropriate Financial Concepts for Children Teaching children about financial concepts from a young age is important for their future financial success. It’s essential to start early, as studies indicate that children who received more than 10 hours of financial education were more likely to save, spend less than they earn, and avoid overdrawn checking accounts.…

Will Vs Estate Planning Vs Trust

By Estate Planning Attorney Eric Ridley | Nov 19, 2024

A trust can be used in place of a will or in addition to a will. Trusts help avoid probate.

How Do Estate Planning Attorneys Help Our Clients?

By Estate Planning Attorney Eric Ridley | Apr 7, 2021

How does an estate planning lawyer help a client? Does the estate planning lawyer just document their wishes? Or does he/she counsel them, then design a plan for their situation? Clearly, it’s the latter. For example, if someone walks in and says they want everything left to their children outright, should I put together a…

Asset Protection Strategies in Ventura County

By Estate Planning Attorney Eric Ridley | Jan 21, 2021

If you have worked hard to acquire a decent asset portfolio, shouldn’t you work equally as hard to protect those assets from potential threats through proper asset protection planning? Of course, the answer to that question is “yes.” The problem is that most people do not realize the numerous and varied ways in which their…

All About Wills And Trusts

By Estate Planning Attorney Eric Ridley | Jan 20, 2021

Trusts are very useful, flexible tools to hold assets. They allow for management of assets during your life, upon your incapacity, and for the continued management of the assets after your death. Perhaps you’d continue to hold the assets in trust until your children reach a suitable age to manage the money for themselves, like…

Protecting Large Estates From Estate Tax In Ventura

By Estate Planning Attorney Eric Ridley | Jan 20, 2021

Trusts are very useful, flexible tools to hold assets. They allow for management of assets during your life, upon your incapacity, and for the continued management of the assets after your death. Perhaps you’d continue to hold the assets in trust until your children reach a suitable age to manage the money for themselves, like…

Ultimate Guide To Irs Offer In Compromise In Ventura

By Estate Planning Attorney Eric Ridley | Jan 19, 2021

Ultimate Guide to IRS Offers in Compromise in Ventura County If the Internal Revenue Service tells you that you owe taxes, there are many ways in which you can handle your debt. While many can benefit from payment options, taxpayers whose tax debts are so high that they cannot pay with their income and ability…

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