Introduction: In the golden years of retirement, the last thing anyone wants to worry about is losing control over their lives and assets due to unforeseen circumstances. Yet, conservatorships in California can become an unexpected reality, impacting the autonomy of individuals and their financial decisions. Imagine a scenario where a couple who have spent decades […]
When we plan for the stability of ourselves and our family, we may consider writing an estate plan so that our wishes are laid out and will be abided by in the future. Estate plans can be hugely influential in ensuring that what you have built over a lifetime gets passed down to future generations […]
Your attorney might suggest appointing a Trust Protector to your estate plan for added benefits. Discover the dynamic role and responsibilities of a Trust Protector, which extends beyond that of the Grantor, Trustee, or Beneficiary. A Trust Protector, typically an impartial third party, assumes one or both of the following functions: When should you consider […]
Asset protection trusts are a legal method for a grantor of a trust to put valuable property into trust under the care of an independent trustee while giving the grantor access to the property as a beneficiary. An asset protection trust is a crucial estate planning tool for any person or married couple who owns […]
Proper Estate Planning should also consider Asset protection strategies because of the litigious society that we live in. At any age, health, or wealth situation, you can lose any asset that is not protected to liability judgements, creditors, and divorce. However, once in place, asset protection strategies will help you, your heirs, and your beneficiaries […]
About the time a person buys a house, purchases life insurance and starts to have a family, they are confronted with the concepts of estate planning and the Revocable Living Trust. But it usually confusing and difficult to understand the purpose of a Revocable Living Trust and how it differs from a Will and certainly […]
Learn why it is important to have a Revocable Living Trust and what are some details that you should be aware of in drafting a Revocable Living Trust.
Paul Hilton; an attorney in San Diego California. I like to serve primarily the communities of Rancho Penasquitos, Poway, Scripps Ranch and Mira Mesa and the local community of Veterans, and Department of Defense civilians.
In these unprecedented times and with the heightened concern that we must have about our own health, the health of older relatives or the health-of immune compromised loved ones, it is a good time to reflect on why every adult should make basic estate planning considerations.