Plain-spoken answers to the questions families ask us. These articles are educational material, not legal advice, and shouldn’t be relied on as legal counsel.
“Modern Family” actress Ariel Winter recently made headlines. She went to court to emancipate herself from her parents. She will live elsewhere and be responsible for managing her own career and income. Is there irony in the fact that an actress on a family comedy found it necessary to leave her own?
In 2015, we can “travel” practically anywhere on the Internet. And beyond the virtual world, we may also literally travel to all parts of the globe to climb mountains, scuba dive, cruise alongside icebergs, or go up in hot air balloons.
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If you’ve ever considered an estate plan, chances are, you’ve heard of a will. You’ve probably heard of a trust too. But, if you are like most people, you don’t know the difference between the two. We get asked this questions every day when we meet new clients.
It is a story we see all too often with celebrity estates: children fighting for their inheritances with claims of undue influence. So is the case for the great late blues musician, B.B. King. While many might not know this, B.B. King had fifteen children from multiple women.
One of my favorite Forbes columnists, Kelly Phillips Erb, recently wrote about the IRS offering a mobile app that allows people to access their tax account information on their smartphones. Technology is amazing in the way it streamlines certain time-consuming processes, and I believe that is all to the good.
There are several types of power of attorney. Generally speaking, a power of attorney (POA) grants a designated individual explicit and particular powers over specific aspects of another person’s life. And you should be sure to include one or more POA directives within your estate plan.
In what was deemed one of the most monumental decisions made by the Supreme Court of the United States, on June 26, 2015 the Court ruled that states cannot ban same sex marriages and must uphold the validity of any out-of-state same-sex marriages.
Usually, this blog concentrates on tangible assets such as money and real estate, and how estate planning laws govern their disposition after the person who owns them passes away. This blog will instead address one type of intangible assets, intellectual property (IP).
There have been, and probably always will be, many wonderful stories and movies that center around, let’s call them, unusual bequests in a will. Spend the night in a haunted house. Wear a certain piece of jewelry. Recite a poetic ritual. Marry a certain person.
No one likes to think of themselves becoming so ill, disabled, or incapacitated that they are incapable of managing their own financial affairs. What could be worse? How about this scenario: becoming incapacitated and having a California Probate Court appoint a stranger to manage your affairs. It’s called a Conservatorship, and it can–and does–happen.
As we have often stated in this blog, the job of an estate planning attorney is to help you memorialize (put in writing) and legally establish your wishes for the disposition of your assets.