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!
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…
The Power of Trusts: Maximizing Asset Protection and Control in Your Estate Plan
Introduction Incorporating a trust as part of your estate plan is a crucial measure for effective and precise asset management and distribution. The Law Office of Eric Ridley, a reputable firm in Ventura and Los Angeles, understands the importance of personalized estate planning and offers comprehensive services to meet the unique needs of each client.…
Clearing the Confusion: How Living Trusts Affect Property Reassessment
Introduction: Understanding the Impact of Living Trusts on Property Reassessment For many homeowners, the question “Does my property get reassessed when I put it into a trust?” is a critical one, particularly for those who are considering estate planning.Estate planning is a strategic process, designed to protect your assets and ensure the well-being of your…
What is a Living Trust?
A will distributes your assets and belongings to beneficiaries when you die. While a living trust is similar to a will in that regard, the critical difference is that a living trust receives ownership of those assets and belongings while you are still alive. When a “grantor” uses a “Declaration of Trust,” they name a…
How to Avoid Common Estate Planning Mistakes
How to Avoid Common Estate Planning Mistakes Estate planning is a crucial aspect of financial management that ensures your assets are distributed according to your wishes after you pass away. However, it’s a process fraught with potential pitfalls that can leave your loved ones in a difficult situation. In this guide, we’ll explore how to…
Understanding the Probate Process
When someone passes away, their estate often goes through a legal process called probate. As an estate planning lawyer at The Law Office of Eric Ridley in California, I frequently guide clients through this process. Probate involves validating the deceased’s will, paying off debts, and distributing assets to beneficiaries. While it can sound daunting, my…
Mastering Estate Planning: Avoiding Common Mistakes and Maximizing Your Legacy
Avoid the eleven worst estate planning mistakes and ensure a smooth transition of your assets by understanding common errors, designating beneficiaries, minimizing estate taxes, and ensuring proper funding and security of your estate plan.
Estate Planning for Young Families: Where to Start
Estate Planning for Young Families: Where to Start Starting a family is an exciting journey, but it also comes with significant responsibilities, including financial planning. One crucial aspect often overlooked by young families is estate planning. Despite common misconceptions, estate planning is not just for the wealthy or the elderly. It’s essential for anyone with…
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…
The Importance of Estate Planning for Young Families in Ventura
The Importance of Estate Planning for Young Families in Ventura As young families in Ventura embark on the beautiful journey of building their lives together, estate planning might not be the first thing on their minds. However, understanding the significance of estate planning is crucial for safeguarding your family’s future. This guide will delve into…
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Mr. Ridley is just fantastic. He is knowledgable, attentive, honest and was very patient with my many many questions about my legal situation. I am especially appreciative that he helped me to understand that my situation had a resolution in s(...)
Reasonable Cost
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(...)
Favorite Lawyer of All Time
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(...)
