Many people visiting their will and estate lawyers in Silicon Valley are unprepared for the news that their income might change drastically with the death of a spouse. For example, the spouses of veterans are often surprised to find that VA benefits can end when the veteran passes away. Unfortunately, this is something that sneaks […]
My article last month about California’s Proposition 13 prompted a lot of questions, so I thought it might be helpful to go over some more details about how some of the most common exemptions work. As a reminder, the basic rule is that a property is reassessed to market value when it is transferred. That is true […]
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Trusts lawyers in Santa Clara have the important job of helping their clients create a legacy that is compliant with a number of different laws. For the most part, these laws will vary from state to state. Some differences are minor, while others can impact the trust significantly. Someone who already has established a trust […]
While married couples are most obviously in need of the services of an estate planning lawyer in Santa Clara, unmarried couples may actually need it more. It’s a pretty well known fact that when a married spouse passes away, the other will likely inherit a considerable portion of the estate, simply by virtue of the […]
How the New Requirements Work. Starting July 1, 2015, any employee who works at least 30 hours in a year and satisfies a 90-day employment period qualifies for paid sick leave. Sick time starts accruing on the first day of employment (or July 1, 2015 for current employees), but can’t be used until the 90-day […]
Thanks to a new law passed in Congress last month, disabled individuals will no longer have to choose between saving a small nest egg for future care expenses or preserving long-term eligibility for low-income benefits such as Medi-Cal or Supplemental Social Security Insurance (SSI). Under the Achieving a Better Life Experience (ABLE) Act, individuals with […]
A growing number of people in California are realizing that they can have more of a say in how their estates are used after they have departed, and the use of incentive trusts has increased as a result. Parents, especially, are directing their trusts lawyers to add guidelines and stipulations that need to be met […]
To be fair, a huge part of a Santa Clara estate planning lawyer’s job is to help parents determine how best to take care of their children once they are gone. In the case of minor children, this might revolve around choosing legal guardians, setting up educational trusts, and making sure there is someone to […]
The choice about whether or not to hire a Santa Clara elder lawyer is one that is not to be taken lightly. Unfortunately, it’s a topic that can cause a lot of anxiety both for the senior and for his or her adult children. There are multiple reasons that it’s an uncomfortable conversation to have. […]
If your business is past its start-up phase, it’s not too early to think about business succession planning. You may expect to be continuing in business for decades, but unexpected events can arise, and even if they don’t, a long-established plan is more likely to go smoothly when you eventually leave your business. Succession planning […]
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