Updating My Estate Plans When I Move

Updating My Estate Plans When I Move

Estate Planning
Updating My Estate Plans When I Move We live in a mobile society. According to the American Community Survey, over 40 million Americans move annually. While moving itself requires many changes and can be extremely stressful, many individuals don’t recognize the need to update their estate plan documents after an out-of-state move until it becomes a problem. Every state has unique laws when it comes to estate planning. Consequently, if you have moved to the state of California from another state or are planning to move out of state, you will need to revisit your estate plan to make sure it conforms to the state you are moving to. There can be significant legal challenges if documents are not updated to comply with your new state laws. While some documents may not require extensive…
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What is a Living Will and Do I Need One? 

What is a Living Will and Do I Need One? 

Estate Planning
While it’s never pleasant to think about our own end-of-life situation, the end of life is a fact of life. And most of us don’t want to burden our loved ones with difficult decisions we could have made for ourselves. Being able to set out our own wishes for these moments is one of the critical purposes of having a living will. Are you legally required to have a living will in California? No. Should everyone have one? Yes! Why Does it Matter? There are many reasons that everyone should have a living will: It gives you control of what you want when you aren’t able to voice it. It gives guidance to your healthcare providers in critical life and death matters. It offers guidance and clarity to your loved ones. It…
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What are the Key Strategies for Estate Planning?

What are the Key Strategies for Estate Planning?

Estate Planning
Estate planning no longer only applies to the rich and famous. Anyone who has children or who has assets or important personal belongings should consider having an estate plan created, so you make the decisions that are right for you while you are able. If you die or become incapacitated, a well-developed estate plan ensures that your healthcare, your belongings, your financial assets, and your children are taken care of in a manner of your choosing, not the state’s. Everyone’s estate plan will look different depending on their own unique situation. This is why it is vital to have an Orange County estate planning attorney tailor a plan that is uniquely yours. Is Having a Will Enough? Most of us understand the importance of having a will. A will is foundational to a…
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