Skip to main content

Posts

Showing posts with the label Estate Planning Lawyer

Why Make Estate Plan For Your Family

Estate planning  is the procedure for preparing appropriate documents to protect you and your family. If you do not have an estate plan then your family will get less and it will also take longer for them to get the benefits. If you prepare the documents now then it will save your family from the unnecessary stress or anxiety to do the paperwork. Hence with a proper estate plan in place, they can focus on supporting each other rather than being worried about the paperwork. Some benefits of estate planning are highlighted below: Immediate care for family:  An estate plan will provide enough money to your spouse and others to survive and continue with family duties without any issues. An estate will showcase the name of appointed guardians who will take care of your assets and family. Less expenses:  When people do not have a good estate plan then attorney fees and court costs can be an expensive burden. If you lose your life without a proper estate plan then the co...

How To Prepare An Estate Plan

Estate planning is not just about what happens when you die, but there are so many unpleasant situations in life which may happen anytime like injury, accident or anything else which may lead to many problems. Such situations will make it difficult to handle the daily affairs and things may not move so smoothly for you or your loving family. Preparing ahead of time will give you complete peace of mind. You can always hire an experienced  Estate planning lawyer in Hayward California  and get all the Estate planning documents in place so when an unfortunate incident happens, the documents prepared by you can make things simple. It will not be a painful job as well if you take some time to ponder upon the affairs you need in an organized way. You can discuss your estate plan with an attorney in California and make things more streamlined. Preparing the plan is easy and here what you need to do for prepare it well. The financial power of attorney: Your finances an...

Community Property - Tavare Law Group

There was a recent story about a California man who was a high-level Silicon Valley executive. He met his sixth wife when he went to a bar where she worked as a waitress. They married. The honeymoon was short-lived. They battled for a while. The man passed away and left his $100 million to each his son and his daughter. For his wife, he left a measly $20. Unlike other states, California estate planning laws does not have an elective share wherein a spouse is entitled to elect a share of the estate regardless of what it says in the will. This is because California is a community property state, which means that all property acquired during the marriage gets split automatically, 50/50, to each spouse. For estate planning attorney Hayward CA , contact the law firm of  Melanie Tavare,  a Hayward Bay Area Estate Planning Firm. Read More - https://www.estate-planning-lawyer.com/community-property/

Community Property - California Estate Planning Laws

There was a recent story about a California man who was a high-level Silicon Valley executive. He met his sixth wife when he went to a bar where she worked as a waitress. They married. The honeymoon was short-lived. They battled for a while. The man passed away and left his $100 million to each his son and his daughter. For his wife, he left a measly $20. Unlike other states, California estate planning laws does not have an elective share wherein a spouse is entitled to elect a share of the estate regardless of what it says in the will. This is because California is a community property state, which means that all property acquired during the marriage gets split automatically, 50/50, to each spouse. Community Property State California is a community property state  and has been since 1850. This is despite the efforts of many to change the law. The concept behind the law is that all property acquired during the marriage equally belongs to both spouses. Conceptually, both s...