Who Should I Appoint as the Executor of My Estate?
Nov 27, 2023
Estate planning is a topic many avoid, considering it morbid or presumptive. Understanding What Happens after Your Death Most people leave behind an estate when they die. That estate consists of all a...
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Should I Put My Home In a Living Trust?
Nov 22, 2023
A trust is created by a Settlor (also referred to as a Maker or Grantor), who transfers property to a Trustee. What Is a Living Trust? A trust is a relationship whereby property is held by one party f...
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5 Estate Planning Mistakes to Avoid Making
Nov 19, 2023
You do not need to reach a certain point in your life, or achieve a certain material success, before the need for an estate plan materializes. Procrastinating You do not need to reach a certain point ...
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5 Things You Need to Know about California’s Medi-Cal Program
Nov 19, 2023
People often get Medicaid (known as Medi-Cal in California) and Medicare confused, or use the two words interchangeably, though they are not the same programs. Both Medicaid and Medicare are healthcar...
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What Components Should I Include in My Estate Plan?
Nov 17, 2023
Northern California estate planning attorney Timothy Murphy explains the main components of an estate plan that you should consider. Probate Avoidance One of the most common secondary estate planning ...
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Trust Administration Basics
Nov 03, 2023
At its most basic, a trust is a relationship whereby property is held by one party for the benefit of another. Trust Basics At its most basic, a trust is a relationship whereby property is held by one...
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Planning for the Possibility of Incapacity
Nov 03, 2023
Incapacity is as much a concern for the young as it is for the old. It is said that prior to around age 40 you are three times more likely to become incapacitated than you are to die. Incapacity Can H...
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Your Last Will and Testament
Nov 03, 2023
A Will is a legal document that is used to express the Testator’s (creator’s) wishes regarding his/her estate assets and what should be done with them upon death. Gifts made in a Will may be general o...
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Do All Estates Need to Go through Probate in California?
Nov 03, 2023
Probate is the legal process that follows a person’s death. When you die, for instance, you will leave behind an estate that consists of all assets you own and in which you have a legal interest at th...
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5 Types of Power of Attorney
Nov 03, 2023
A general power of attorney (POA) grants your Agent broad powers to act on your behalf. General Power of Attorney A general power of attorney (POA) grants your Agent broad powers to act on your behalf...
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