An important estate planning tool for parents with minor children is the Nomination of Guardian. This allows a client to exert some control over who will care for their children and their children’s assets if the parent is no longer able to do so. Some attorneys...
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Navigating Homeownership for Non-Married Couples: Key Considerations and Strategies
In today’s housing market, more and more non-married couples are deciding to purchase homes together. Whether due to rising housing costs or the desire to build a shared future, co-owning property can be a rewarding but complex undertaking. Unlike married couples,...
Is There A Power of Attorney that a Parent Can Execute for Care of Their Minor Child?
The answer is yes. I recently researched this issue when a friend that is a single parent of two teenagers whose job requires her to be out-of-state often had to scramble to get someone to physically get her children from the hospital. One child was injured and...
Can My Attorney Tell Me My Estate Planning Idea is Bad?
Short answer, yes. And your attorney has a duty to tell you that it is a bad idea. This can be an uncomfortable conversation with my clients when they want to place certain requirements on a distribution to a beneficiary that I know is going to be impossible to...
Avoiding the Pitfalls: Three Critical Mistakes That Undermine an Estate Plan
Crafting a solid estate plan is essential to ensuring your wishes are fulfilled and your loved ones are provided for after you’re gone. However, even the most well-intentioned plans can unravel if critical details are overlooked. Below, we explore three common...
Do I Have to Personally Pay My Parent’s Expenses?
The short answer to the question of whether you are legally obligated to support your parents is “probably not.” While California does have a filial law, it is rarely enforced. Filial laws are also known as filial support laws which require adult children to...