by Nikki Semanchik | Mar 30, 2024 | Estate Planning
What Are the Duties and Responsibilities of a Trustee? Whether you want to set up a special needs trust or a charitable remainder trust, it is vital to pick the right person to administer it. Before you can make your choice, however, you’ll need to know exactly what a...
by Nikki Semanchik | Mar 30, 2024 | Estate Planning
A charitable remainder trust is an irrevocable trust that allows you to donate assets to a charity – while generating a new income stream and reducing your tax obligations in the process. These trusts generally work in the following way: You transfer real...
by Nikki Semanchik | Jan 22, 2024 | Estate Planning
How to Protect Your Pets After You Pass Away Your pets are part of your family. As such, you want to ensure they are happy and safe after you die. But what steps can you take to make that happen? For many Californians, a pet trust is the most effective solution. What...
by Nikki Semanchik | Dec 11, 2023 | Estate Planning
Should You Revise Your Estate Plan After Your Spouse Dies? In the days and weeks following your spouse’s death, wills, trusts, directives, powers of attorney, and other estate-planning considerations are unlikely to be at the forefront of your mind. However, when you...
by Nikki Semanchik | Nov 14, 2023 | Estate Planning
What You Need to Know About the Medi-Cal Estate Recovery Program Are you a beneficiary of the Medi-Cal program? If so, you may be wondering how the payments you receive will affect your loved ones after you pass away. Will the state take away their home? Can they be...
by Nikki Semanchik | Oct 24, 2023 | Business Law, Estate Planning
Estate Planning Considerations for Small Business Owners Your small business is more than just a venture – it’s a substantial part of your life’s work. So, as you enter your golden years, you may begin to think about what will happen to it when you’re no...
by Nikki Semanchik | Oct 4, 2023 | Estate Planning
Will My Child Need to Pay Estate Taxes After I Die? As you create your estate plan, the financial well-being of your child undoubtedly weighs heavily on your mind. In particular, you may be wondering if your assets will be subject to any taxes that could potentially...
by Nikki Semanchik | Sep 5, 2023 | Estate Planning
Estate Planning for the Parents of Children with Disabilities Estate planning is always challenging, but it takes on added complexity when you are the parent of a child with disabilities. When your child has special needs, you don’t just need to ensure they are...
by Nikki Semanchik | May 24, 2023 | Estate Planning
Do You Need to Update Your Estate Plan After Moving to California? If you recently moved to San Diego or elsewhere in California, you might be wondering whether your will, living trust, or medical directive is still valid in your new state. The short answer is yes. An...
by Nikki Semanchik | Apr 10, 2023 | Estate Planning
Who Will Inherit Your Assets If You Die Without an Estate Plan in California? Nobody likes to think about their own mortality, but it is always important to plan for the future. If you want to make sure your assets are distributed in accordance with your wishes after...
