If you don't select the right charity, set the trust up in the correct manner or understand how these trusts work, you may end up dissatisfied with the way the trust is run or the income from it.
If you die in California without a will, the state will determine who gets your property and which individual takes care of your minor children. This will explain the process for determining who gets what when an individual dies intestate.
Many people make the egregious error of assuming that estate planning is only for the very wealthy; nothing could be further from the truth.
Charitable remainder trusts, or CRTs, are helpful tools for planning an estate that serves the needs of your loved ones and the common good without increasing your tax burden.
Learn how estate planning works and why you shouldn't neglect it and all the basics you need to understand.
Determining whether or not you need a living trust can be confusing, which is why the team at Citadel Law is here to help. If you need a living trust attorney, please contact us today to get started.
An estate plan is a set of documents that detail your wishes related to your passing and names who will make choices for you if you are unable to.
The kind of charitable remainder trust you select should ultimately reflect your needs as well as those of your beneficiaries.
A living trust is designed to help distribute assets without the costs or time limitations of probate court. It works like a will by allowing the individual to distribute their assets and property to heirs.
Estate planning is an important part of ensuring that you and your loved ones are taken care of. While wills are most commonly associated with estate planning, there are a number of other documents that can help you.
It is possible to create an incapacitation plan or certain parts of it without professional assistance, it is not advisable. Inconsistencies between documents could invalidate all or part of your plan.
Make sure to leave a copy with your attorney so that it can provide the guidance that you desire for distributing your assets to your beneficiaries.
It’s important to discuss the pros and cons of a trust with your tax and estate-planning adviser to ensure that you’re using the best option for you and your loved ones.
Creating and accessing trusts can be complicated. Your loved ones intended the trust to be for their beneficiaries, family members and descendants. Unfortunately, some of the details may be forgotten during the decedent's life.
One of the most commonly overlooked options in estate planning is life insurance. Many people worry about life insurance, thinking that it is terrifying and complex.

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