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Posts tagged "estate plan"

Technology has made estate planning complicated in California

Technology and the Internet have made many things in life easier, more convenient and efficient. However, they have also made estate planning more difficult in a number of ways. More and more California residents have found that they must consider the disposition of digital assets when engaging in the estate planning process.

Estate planning can ease the path for loved ones

There is always a certain amount of uncertainty when it comes to the future. No one can plan for every possible situation. However, one can do something to make sure that loved ones are taken care of in the case of something unexpected happening. Therefore, it is important for California residents to not procrastinate when it comes to estate planning.

Reasons people avoid estate planning in California

Planning an estate is something that one should not procrastinate in completing. However, there are several common reasons why people tend to avoid estate planning in California. Some of these reasons are psychological while others are based upon a lack of knowledge concerning the appropriate steps.

California residents need to feature specifics in their wills

Many Americans, including here in California, do not have a will or a trust. This is typically because they simply have not found the time to make one. Wills and trusts are a crucial part of estate planning. Without one in place before you die, surviving family members may have to confront some thorny problems in order to arrange for the lawful distribution of your estate.

Facebook makes digital estate planning easier in California

There are many different things which must be considered when dealing with planning an estate. Due to the many things that must be included, many people in California often forget to consider digital assets when estate planning. Facebook has recently attempted to help address this problem by making key changes to the social media site's account policies.

Wills do more than help families avoid probate

Research suggests that many Americans have taken the steps necessary to ensure that their estate planning needs are adequately met. In fact, one study asserts that as many as 71percent of individuals have not addressed the creation of wills or trusts. Many in California and elsewhere hold false assumptions concerning how their assets would be handled upon their death, and the result of such misbeliefs could be a long and difficult probate process for those who are left behind.

President proposes changes to estate planning laws

The President of the United States recently revealed a new tax legislative proposal which could have significant implications for those concerned with planning their estates. The plan would revamp the Tax Code in a way that could increase tax liabilities for some beneficiaries in California and other states. This has caused many people to reexamine their estate planning strategies.

Good estate planning eliminates common errors

As many California residents may know, having an estate plan provides some certainty that an estate may be divided according to a benefactor's wishes when death occurs. Taking control over one's estate also allows an individual to make sure family members inherit according to their needs.

An appropriate time for estate planning

California couples often make big plans for the future during the initial year of their marriage but do not think in terms of estate planning. Without realizing it, they may be costing themselves vital opportunities to secure a stable future for their incipient family and accumulating property should something happen to them individually or as a couple.

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