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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What is a Durable Power of Attorney and Why You Need It

By Estate Planning Attorney Eric Ridley | Jan 3, 2025

As we age, it becomes increasingly important to plan for the future and ensure that our affairs are in order. One crucial aspect of this planning is establishing a durable power of attorney. This document lets you choose someone to make important decisions for you if you can’t make them yourself. What is a durable…

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How Do I Include My Charitable Giving Wishes in My Estate Plan?

By Estate Planning Attorney Eric Ridley | Jan 3, 2025

Estate planning is not just about distributing your assets among your loved ones; it’s also an opportunity to leave a lasting impact on the causes you care about. Incorporating charitable giving into your estate plan allows you to support the organizations and causes that hold significance for you. As an Estate Planning Lawyer based in…

What Does “Probate a Will” Mean?

By Estate Planning Attorney Eric Ridley | Jan 2, 2025

When an executor is asked to “probate a will,” it means initiating the probate process. The executor does this by filing the correct paperwork, namely the petition for probate and the original will, with the probate court. The executor will be required to prove a will, meaning they need to show that the will was…

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Why Should You Appoint a Guardian for Your Child?

By Estate Planning Attorney Eric Ridley | Jan 1, 2025

As a parent, your most important job is to provide for and protect your children. But what happens to your children if something were to happen to you? Who would take care of them? Who would make decisions on their behalf? As parents, it is our responsibility to make sure our children are taken care…

Shielding Personal Assets: A Comprehensive Guide to Asset Protection for Business Owners

By Estate Planning Attorney Eric Ridley | Jan 1, 2025

Asset Protection for Business Owners: Shielding Personal Assets Introduction Asset protection is a fundamental component of financial planning for business owners. It involves formulating strategies and leveraging legal structures to safeguard personal assets from potential business liabilities. In essence, it creates a fortress around personal wealth, ensuring it remains secure even if the business encounters…

What Should You NOT Put Into Your Living Trust?

By Estate Planning Attorney Eric Ridley | Jan 1, 2025

A living trust is a powerful estate planning tool that offers numerous benefits, including probate avoidance and asset management. However, not all assets are suitable for inclusion in a living trust. Understanding what should be kept out of your trust is crucial for effective estate planning. This comprehensive guide will explore the types of assets…

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The Ultimate Guide to Estate Planning: Preserving Your Legacy for Future Generations

By Estate Planning Attorney Eric Ridley | Dec 31, 2024

  Introduction: The Significance of Estate Planning in Preserving Your Legacy for Future Generations Estate planning is a critical process that involves managing and distributing your assets in preparation for your eventual death or possible incapacity. It is a crucial step towards securing your future and providing for your loved ones after you pass away.…

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Safeguarding Your Legacy: The Essential Guide to Estate Planning and Asset Protection

By Estate Planning Attorney Eric Ridley | Dec 31, 2024

Protecting Your Legacy: How to Safeguard Your Assets with Estate Planning – Learn the importance of estate planning, key terms, additional documents, asset protection strategies, minimizing estate taxes, choosing beneficiaries, updating your estate plan, and the role of an estate planning attorney.

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How Long Does The Probate Process Take In California?

By Estate Planning Attorney Eric Ridley | Dec 30, 2024

When someone passes away in California, their estate typically goes through a legal process known as probate. It’s my job as an estate planning lawyer to help you understand this process. Think of probate as the court’s way of ensuring your estate is properly managed and distributed according to your wishes. It’s a crucial step…

Do I Need an Irrevocable Life Insurance Trust in my Estate Plan?

By Estate Planning Attorney Eric Ridley | Dec 30, 2024

What is a Life Insurance Trust? A life insurance trust is a trust that can be created to hold the proceeds of your life insurance policy. The trust becomes the legal owner of the policy, rather than you, upon its creation. This is an excellent tool for passing significant assets to your heirs without a…

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