Potential Risks of DIY Estate Planning? There are lots of online ‘Do It Yourself’ estate planning solutions, all promising to save you time and money. It’s true that you can choose one of these, and receive a quick and easy estate plan in minutes. The resulting documents might look good and seem ok, but they …
The Book That Reshaped the Estate Planning Field James Hughes’ landmark book that encouraged exceptional families to shift their thinking about heritage, wealth, and legacy passing to future generations. While most saw it as a book written only for the very wealthy, I found seeds of true wealth – that applies to every family It …
For a number of reasons, grandparents may find themselves acting as Guardians of their minor grandchildren. If this sounds like you, consider updating your California estate plan to ensure your grandchidren’s well-being and financial stability. Here are some common changes to consider: Update your Will or Trust: Add your grandchildren to your existing planning documents. …
Estate planning is an important process that everyone should consider. The key estate planning documents suggested for every adult in California are: Will – a document expressing what should be done with your assets after you pass away, as well as nomination of guardian for minor children); Advance Healthcare Declaration – a California form that …
Wealth comes in many forms, but often the most valuable wealth is the hardest to see. It’s the stuff that’s not physical or monetary, but rather the intangible assets that make life more enjoyable. I like to call this tacit wealth, and it can be found in things like good relationships, a positive social life, …
Expanding awareness through intercultural marriage This post is the first in a series focusing on my journey as a husband in an intercultural marriage. I’ll share my thoughts, experiences, and insights on what it’s like to be married to someone from a different culture, amazing opportunites it can bring, as well as the (at times) …
The Importance of Family Ties As human beings, it’s natural to crave a sense of belonging and connection with others. Strong familial relationships are pivotal in maintaining well-being, happiness, and overall quality of life. Family ties function as the emotional anchor that provides support during times of distress or joyous occasions. As such, it is …
Extending life human beings become immortal as digital beings In a future not too far from now, human beings become immortal as digital beings. We upload our consciousness to the cloud and live forever as data. This may sound like science fiction, but it is already happening.What is digital immortality? Digital immortality is the concept …
Intercultural marriage and wealth creation “When two people from different cultures come together and get married, it’s not just a union of two individuals. It’s the coming together of two families, two traditions, and two worlds. And when it comes to creating wealth, this intercultural marriage can be a powerful force.” So says financial expert …
This article provides an overview of Nevada trust law, including the basics of trust formation, trustee duties, and beneficiary rights. Introduction to Nevada trust law Nevada trust law is based on the Uniform Trust Code, which was adopted in Nevada in July 2001. The Uniform Trust Code sets forth the rules governing the creation, administration, …
Protecting your home from MediCal claims If you’re like most people, you probably think that your home is your castle. But did you know that in California, if you have Medi-Cal benefits, your home could be at risk of being claimed by the state? Yes, it’s true. If you are a Medi-Cal recipient and you …
If you have a blended family, you need an estate plan, and not just a will you created for yourself online, or a trust that wasn’t designed to keep your blended family member out of court and out of conflict. Family word cloud on a white background. Even within traditional families (married parents with families), …