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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Three Tips To Avoid Probate

By Estate Planning Attorney Eric Ridley | Dec 13, 2018

There are many reasons avoid probate – it’s costly and time-consuming, not to mention it has the potential to make a public spectacle of a very private matter. More often than not, probate disputes can arise in response to unequal treatment of siblings and other close family members in an individual’s estate plan. Since the…

How To Take Care Of My Children With My Trust

By Estate Planning Attorney Eric Ridley | Jul 1, 2018

Proper Wills & Trusts Are Critical with Children. If you’re a parent of young children, you are almost certainly concerned that if something happens to you, your children’s future security could be at risk. Part of the process of planning for your children is to name a guardian for them. Naming a guardian is a…

7 Ways to Tell if You’re Hiring the Right Attorney

By Estate Planning Attorney Eric Ridley | May 25, 2018

How To Form An Llc In California

By Estate Planning Attorney Eric Ridley | Apr 17, 2018

How To Form A California Llc There are different kinds of limited liability companies: Single member limited liability company (LLC). A single member LLC is any LLC owned by one person, a husband and wife, or domestic partners. A California limited liability company can also be a member-managed LLC or a manager-managed LLC. Multi-member LLC…

10 Things That Happen When You Die Without A Will And Trust

By Estate Planning Attorney Eric Ridley | Feb 14, 2018

Why You Should Have A Will 58% of Americans currently do not have a will. For those with children under the age of 18, the numbers are even worse — only 36% of their parents and guardians have a will, meaning a full 64% of people who are taking care of minor children have no end-of-life…

How To Get Medi-cal And Not Spend Yourself Into Poverty

By Estate Planning Attorney Eric Ridley | Feb 11, 2018

Major Reform to CA Medi-Cal Estate Recovery – On June 27, 2016 Governor Brown signed legislation sponsored by which will make it easier to qualify for Medi-Cal without having to spend yourself into poverty. This new bill reduces the scope of California’s Medi-Cal Estate Recovery against the estate of deceased Medi-Cal beneficiaries. Medi-Cal can no…

How Tax Reform Will Impact You And Your Estate Planning

By Estate Planning Attorney Eric Ridley | Jan 3, 2018

In December 2017, Congress passed, and President Trump signed a sweeping tax reform bill commonly known as the Tax Cuts and Jobs Act. This Act contains significant changes that will impact your estate planning and income tax situation going forward. Estate Tax Changes Starting January 1, 2018, the estate, gift, and generation-skipping transfer (GST) tax…

Who Will Inherit Your Financial Wisdom?

By Estate Planning Attorney Eric Ridley | Dec 21, 2017

Who Will Inherit Your Financial Wisdom? Passing on More Than Just Wealth Many people who inherit wealth or small businesses are at significant risk for essentially squandering the wealth. An Ohio University study shows that an astonishing 33 percent of all beneficiaries lose their entire inheritance within two years of receiving it. The ways they…

Why A Spendthrift Trust Can Be A Great Solution For Your Heirs

By Estate Planning Attorney Eric Ridley | Dec 21, 2017

Why a Spendthrift Trust Can Be a Great Solution for Your Heirs There are many tools that can be used when putting together your estate plan. One such tool is a trust. A trust is a fiduciary arrangement, established by a grantor or trust maker, which gives a third party (known as a trustee) the…

Will & Trust Attorney in Oxnard & Ventura

By Estate Planning Attorney Eric Ridley | Nov 21, 2017

Leaving a legacy that will be most beneficial to your loved ones takes some planning. If you’ve worked hard and accumulated some wealth, you want to be sure that you’ve done everything possible to provide a smooth transfer of your assets after you die to the people who mean the most to you. When you…

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