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Category Archive for 'Planning for Minors'

The things that must be updated in one’s estate plan when someone gets divorced.  How to make sure they are protected from the unexpected. Living Trust/Will These documents contain instructions about a number of crucial estate planning decisions:  who is in charge of administration of the individual’s estate, who is nominated as guardian of minor […]

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When meeting with clients to design their trust provisions, whether their children/beneficiaries are five or thirty-five years old, I often hear the same concern.    They are worried that the funds will be spent irresponsibly.  To combat this fear, we estate planners will often suggest the inclusion of language in the trust that will either; 1. […]

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When you purchase a life insurance policy or open a retirement account, there are always pesky beneficiary designation forms which must be completed.  For estate planning purposes those forms and designations are crucial.  A beneficiary designation lets the administrator or financial institution know who should be the recipient of the funds or other benefits of […]

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                There are common events which trigger a need for estate planning, one of which is the birth of a child.  In my experience, nominating a guardian for the care of a minor child is often the most important yet challenging decision for parents to make.   Below are some important issues which should be addressed […]

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Appointing a guardian for the care of a minor child can be a parent’s most important and difficult estate planning decision.  Nominating a guardian in a Trust or Will is important, however, providing information for the person named can be very helpful.  Click on this link to a guardianship pamphlet provided by the California Courts which provides important information […]

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