Blog

If you have created a trust, you have already achieved a huge accomplishment in getting your ducks in a row and ensuring peace of mind for you and your loved ones. However, the creation of your trust is really only the first step in securing your finances for the future.

A lot of parents come into our Folsom estate planning law firm with mixed feelings about passing on the balance of their retirement accounts to their children when they die someday.

People often struggle with deciding who will serve as guardian for their minor children if they pass away. Sometimes, the family situation requires naming not just one guardian, but two.

It seems like common sense to be adding your child to your bank account so they can help with paying bills. This is convenient, but what people often don’t realize is that the child will have more authority than to just sign checks.

Nearly every week, we receive calls from family members who are upset about a deceased loved one’s estate. Unlike in TV shows, real-life family feuds are no fun.

Like many Americans, your home is probably your largest asset. However, if you have children who have grown and moved away, you’re left with an empty nest, quiet and big. You may be torn between keeping the house and passing it to your children someday or selling it.

If you have minor children, one of the most critical parts of your estate plan will be appointing a guardian to take care of them if something should happen to you. If you are lucky, you and your spouse have several great relatives to choose from.

Being a responsible parent is usually associated with car seats, safety gear, homework reminders for grade schoolers and trying to decide whether or not your teenager is responsible enough to drive to school on his or her own.