You may spend months building a California business succession plan, only to have a named successor later decline the role. Start by reviewing the company's governing documents and determine whether the succession plan covers management, ownership or both. Review your...
Welcoming a newborn grandchild is a life-changing event that brings new joy and a renewed sense of responsibility in your life. It can also change how you think about your legacy, especially if you have significant assets in California but have not accounted for this...
Large and complex trusts – and even smaller ones – can have multiple beneficiaries who may be scattered across the country or even the world. Some may be minors or not even born yet. Even family trusts can have dozens of trustees of all ages and with varying degrees...
Running a business often means making decisions that affect more than the present. For California business owners, choosing who will take over can shape the company’s future, employees’ jobs and the value passed to family members. A successor may be a child, business...
Creating your estate plan means being able to outline what assets will be given to which beneficiaries. While you might be focused on caring for your family members and loved ones, you may also decide that you want to take care of favorite charities. This is possible...
When family members inherit a home together, disagreements over selling or keeping the asset often arise. As more Californians inherit real estate during the administration of a loved one’s estate, co-owners may reach a stalemate. When communication about what to do...
When you achieve a reasonable amount of success in life and want to give back to your community in California, you need the right strategy for your estate plan. Choosing the correct charitable remainder trust is essential for balancing your personal financial security...
Remarrying after a divorce or the death of a spouse is a choice that often inspires a need for additional estate planning. Not only do people need to consider what support their spouses may require, but they also need to think about their children from a prior...
Often, family businesses represent years of hard work, dedication and shared family values. For many owners, protecting what they have built is just as important as growing it. As families and businesses evolve, planning for the future becomes increasingly important....
Probate disputes can stem from many different underlying issues, ranging from disagreements to outright misconduct. Families may question the validity of documents that omit certain children or grandchildren. They may question the decisions made by a personal...