Top 5 (Mistaken) Reasons You Might Not Make an Estate Plan
5. You often think you should plan for your loved ones, but don’t know where to start. This is a common problem. There is so much information out there about estate planning that it can be overwhelming. What’s the best way to overcome this? A consultation with an estate planning attorney is the best place to start. The attorney can assess your situation, assist you in clarifying your wants and needs, suggest a course of action, and ease your fears. The cost for a consultation
DIY Death Transfer by Deed Is No Substitute for a Good Estate Plan
Joint Tenancy or California’s new “Transfer on Death Deed” May Help with Do-It-Yourself (DYI) Planning, But It Is Easy to Make Mistakes. Existing law allows a “joint tenancy with right of survivorship” deed (“JTWROS”), which gives two or more persons current ownership of property that then passes to the surviving owner(s) upon the death of one of them. Many spouses hold title as JTWROS, which is usually not a problem. But some people use JTWROS to put one or more of thSign