Many people think of estate plans and they think of “rich people.” They think that these are only needed by people with a lot of assets and money to pass down, but this is not actually the case. An estate plan has many functions, and you can probably benefit from…
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When you are making an estate plan, it’s a good idea to update the beneficiaries for all of your accounts. If you are creating a trust, you might be wondering if you can make it your retirement account beneficiary. This is actually an option, but there are some pros and…
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Making a will is important, but it’s not the only thing that you should do if you want to protect your assets and leave something behind for your beneficiaries. An estate plan is not the same as a will, but your will can be an important component of your plan.…
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When you and your spouse decide to write a will, is it a good idea to just write a joint will together? You can do that and it is a good option for some couples. However, a Woodland Hills will attorney from our firm can also warn you about the…
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Making a proper estate plan and a will can cost money, so we are not surprised that some people look for shortcuts that might save them some cash. One option that seems to be picking up in popularity is the holographic will. This is an alternative to a will that…
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When you set up a trust, you can usually decide to make it revocable or irrevocable. Not all trusts offer these options though. Some, like a special needs trust, often need to be irrevocable. A Woodland Hills special needs trust attorney from our firm can tell you why this is…
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