As the coronavirus continues to affect life as we know it here in the United States, the most common question we’ve been asked during the course of the pandemic is whether an existing estate plan should be changed or updated. Of course, the answer to that question (like most things in life) is that it […]

There are several strategies available that Bay Area estate planning lawyers use to help seniors and their families avoid lengthy and costly probate proceedings, including adding other people as joint owners on their accounts or making beneficiary designations on accounts and policies. However, these strategies should only be done under the supervision of an experienced […]

A conservatorship is when a person is appointed by the court to look after another person’s financial and physical well-being. This is not always a great situation to be in since the court may appoint someone who would never be chosen by the individual or their family. Fortunately, there are a few simple ways to […]

Did you know that more than half of all adults in America do not have a Last Will and Testament? Even fewer have a Revocable Living Trust. You’d think more people would create an estate plan, especially since there are so many public figures who famously left a mess for their families by not planning […]

Shelter in place and quarantine orders are the rule of the day with the coronavirus outbreak. Many of these executive orders came while snowbirds and retirees were staying in their second homes, and now they are likely stuck there for a little longer than they originally planned. From a legal standpoint, many snowbirds are now […]

Estate planning is a responsibility we all have, young or old. Yet only about half of all Americans with children have a Last Will and Testament or Trust to direct how their children should be cared for and who should inherit any assets left behind after death. It’s also troubling to know that most estate […]

With the number of COVID-19 cases in America increasing exponentially, people across the country are preparing themselves for every possible scenario. As a result, many estate planning attorneys are being inundated with calls and emails about how to plan for this type of pandemic. While the following five tools are essential for estate planning at […]

Intellectual property—ideas or works of art that have value but don’t originate in material reality—are considered personal property and may be bequeathed to heirs. There is well-established law on intellectual property and estate law for those who want their heirs to benefit from the fruits of their labors. If you’re creating an estate plan that […]

Self-made billionaire Warren Buffet once famously said, “You should leave your children enough so they can do anything, but not enough so they can do nothing.” Commodore Vanderbilt’s grandson, an heir to some $60 million in 1885, also once declared that “inherited wealth is as certain death to ambition as cocaine is to morality.” It’s […]

Whether you’ve been asked to be the trustee of a loved one’s trust or you’re in the process of choosing someone to act as your own trustee, it helps to understand what is expected of a trustee. Being a trustee involves a lot of responsibility, often on both a short-term and long-term basis. Keep in […]