Thoughts on creating a legacy through charitable giving often begin later in life, when children are grown, with children of their own. Thoughts of charitable giving often coincide with grandchildren heading back to school when the pleasure of long summer visits come to a close.
This is often the time to add deeper meaning and enhance the family’s vision for
How to Get a Financial Power of Attorney for a Parent
It is never easy to relinquish autonomy. However, as we age, this is inevitable. While your parent may resist the notion of a power of attorney (POA) for their finances, this is often essential to their wellbeing, and it can even help them maintain independence. If you are wondering how to get a power of attorney for a parent, here
Can I Retire in a Bear Market?
Money Talks News’ recent article entitled “Retiring in a Bear Market? 7 Things to Do Now” says research has shown that this scenario — known as sequence-of-return risk — can permanently reduce the amount of money you will have to live on during retirement. However, savvy retirees can avoid most or all of this damage. If you’re planning to retire
You have a Will – so You’re All Set?
I hear this all the time: “I have a Will so I’m all set.” At first, I used to internally …
The post You have a Will – so You’re All Set? appeared first on Ladimer Law Office PC.
Key California Trust Accounting Requirements
A trustee wields considerable power over a trust. However, there are mechanisms in place to ensure a trustee is adhering to the law and complying with the trust document. One such mechanism is a trust accounting. Here is what to know about a trust accounting and its requirements and why working with a CPA is essential during this process:
Who
Retirement Feels Like Summer All Year Long
After a long and busy career, you’re getting ready to retire or you’ve just retired. It’s about to be summer all year long—the days are as busy or as easy as you choose. Your time, at last, is your own. Now would be a good time to get your estate planning in order, when the press of daily meetings and
What Is a Misappropriation of Funds?
When someone is appointed the trustee, it signals a great deal of confidence in their integrity and commitment to ensuring a trust is managed and administered per the trustor’s wishes. Unfortunately, sometimes, trustees will exploit their position and use trust funds and assets for their own gain. This violation known as a misappropriation of trust funds. Here is what to
How Can I Choose an Estate Planning Lawyer?
Only about a third of Americans have an estate plan, according to the article “Choosing an estate planning lawyer” from Senior Matters. The number of people with wills is decreasing, rather than increasing, despite the events of recent years. Estate planning is worth doing for the peace of mind, the personal and financial protection it provides, not to mention leaving
Can You Waive a Trust Accounting in California?
Trust administration is an incredibly time-consuming, costly, and emotionally exhausting process. Especially in the instance of the loss of a loved one, emotions further complicate things. Because of this, trust creators or beneficiaries sometimes choose to waive a trust accounting altogether to ease this process. Here is what to know about waiving an accounting and why you need to work
Don't Forget These Legal Documents When Your Kid Goes to College
The lists of supplies get longer every year, from mini-fridge to gaming systems. But don’t neglect the legal documents your young adult will need when they start this exciting next stage of their lives. The thing is, when children turn 18, the law considers them to be adults. Once this happens, parents no longer have the same legal rights and