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!
The Role of an Attorney in Estate Planning
What is Estate Planning? Estate planning is the process of organizing and preparing for the management and distribution of your assets after your death or during periods of incapacity. It involves creating legal documents, such as wills, trusts, and powers of attorney, to ensure your wishes are carried out and your loved ones are protected.…
Understanding the Difference Between Wills and Trusts
Estate planning is a critical step in ensuring your assets are distributed according to your wishes after your passing. Two of the most common tools used in estate planning are wills and trusts. While they may seem similar at first glance, they serve distinct purposes and function differently. Understanding the differences between these tools is…
How to Update Your Estate Plan After Major Life Changes
Understanding the Importance of Updating Your Estate Plan An estate plan is not a "set it and forget it" document. It’s a living, breathing plan that should evolve as your life circumstances change. Major life events—whether joyous, challenging, or unexpected—can significantly impact your financial and personal priorities. If your estate plan doesn’t reflect these changes,…
The Benefits of a Living Will in Estate Planning
What is a Living Will? A living will is a legal document that outlines your preferences for medical treatment and end-of-life care in situations where you are unable to communicate your wishes. Unlike a last will and testament, which primarily deals with the distribution of assets after death, a living will focuses on healthcare decisions…
How to Minimize Estate Taxes Through Strategic Planning
Understanding Estate Taxes Estate taxes, often referred to as "death taxes," are levied on the transfer of wealth from a deceased individual to their heirs. These taxes can significantly reduce the value of an estate, impacting the financial legacy left behind for loved ones. In the United States, federal estate taxes apply to estates exceeding…
How to Avoid Common Probate Pitfalls
What is Probate and Why Does it Matter? Probate is the legal process through which a deceased person’s estate is administered and distributed to heirs or beneficiaries. It involves validating the deceased’s will (if one exists), settling debts, and ensuring the proper transfer of assets. While probate serves an essential role in estate administration, it…
How to Protect Your Assets with a Revocable Living Trust
What Is a Revocable Living Trust? A revocable living trust is a legal arrangement that allows you to manage and protect your assets during your lifetime and distribute them after your death without the need for probate. Unlike irrevocable trusts, which cannot be altered once established, a revocable living trust offers flexibility. As the grantor…
How to Create a Comprehensive Estate Plan
What Is an Estate Plan and Why Is It Important? An estate plan is a strategic arrangement of legal documents and decisions designed to manage and distribute your assets after your death or during incapacitation. It encompasses everything from your financial holdings, real estate, and personal belongings to healthcare directives and guardianship for minor children.…
The Impact of California Laws on Estate Planning
Understanding Estate Planning in California Estate planning is a critical process that ensures your assets are distributed according to your wishes after your passing. It involves creating legal documents such as wills, trusts, and powers of attorney to protect your estate and provide for your loved ones. In California, estate planning takes on unique dimensions…
Understanding The Basics And Benefits Of Starting A Trust In California
Creating a trust can be a smart move for anyone looking to manage their assets and ensure their family’s future. In California, the process of setting up a trust might seem daunting, but with the right guidance, it can be straightforward and beneficial. As an estate planning lawyer, I’m here to help you understand the…
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Eric did an excellent job creating our Living Trust. His work was very detailed and thorough, and at a very reasonable cost. I could reach him easily to discuss concerns or questions, and he offered great advice. His depth and e(...)
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Eric Ridley has to be my favorite Lawyer of all time. He helped me out tremendously being the executor of a family trust. I would give him 10 out of 10 no doubt! He did such a good job for me that I recommended him t(...)
