Having your own a customized estate plan has become more and more common. Digital estate planning has also become more common. But, what exactly is meant by digital estate planning? Nowadays, everyone has at least one digital asset, if not many. Digital assets include any property that is either based on a computer or involves [ ] The post Do Estate Planning Lawyers Recommend Digital Estate Planning? appeared first on Northern California Center for Estate Planning and Elder Law.
When a couple ties the knot, their lives change in a variety of ways. When a couple begins their new lives together, it is important to think about all of the changes and updates that need to be made. Having a comprehensive estate plan that includes both people is a great way to start. With [ ] The post Estate Planning Tips for Newlyweds appeared first on Northern California Center for Estate Planning and Elder Law.
The basic purpose of estate planning is to prepare for the possibility of incapacity and for death. Your estate plan can include various types of estate planning tools, including trusts and wills. The variety of estate planning strategies that are available allows you to customize a comprehensive estate plan to fit your needs. This article [ ] The post What Experienced Estate Planning Attorneys Know About Trusts and Wills appeared first on Northern California Center for Estate Planning and Elder Law.
A common concern for many clients who are Medi-Cal recipients is that if they use Medi-Cal to pay for long-term care, they will lose everything they have. There is a misconception that Medi-Cal will take their homes or leave their healthy spouses penniless. Another concern is that once a Medi-Cal recipient passes away, Medi-Cal will [ ] The post Will My Parent’s Estate Be Subject to Medi-Cal Estate Recovery? appeared first on Northern California Center for Estate Planning and Elder Law.
Five days after a hit-and-run accident on Vaca Valley Parkway, a bicyclist has been released from the hospital. He was riding his bicycle when a young woman ran a stop sign on Crystal Springs Drive and struck him. The victim sustained contusions and road rash, which he believed were the extent of his injuries. However, [ ] The post Hit-and-Run Should Remind us of the Need for a Sacramento Estate Planning appeared first on Northern California Center for Estate Planning and Elder Law.
One of the main concerns for most clients, when it comes to estate planning, is the issue of federal estate tax, commonly referred to as the death tax . Indeed, for most people the primary goal of estate planning is to decrease or eliminate estate taxes as much as possible. While California estate taxes are no longer [ ] The post Federal Estate Tax and How it Affects Estate Planning appeared first on Northern California Center for Estate Planning and Elder Law.
Although most people request an estate plan that helps with avoiding probate, not everyone actually understands what that means. Avoiding probate court does not simply mean avoiding estate taxes. If avoiding probate is your estate planning goal, here are four ways to accomplish that goal. What is the purpose of probate? Basically, probate is a [ ] The post What if Avoiding Probate is my Goal for Estate Planning? appeared first on Northern California Center for Estate Planning and Elder Law.