Myth #1: Estate Planning is only for Wealthy Fat Cats!
Fact: The reality is that estate planning can be just as important for people of lower or middle income as it can be for wealthy people. Factors other than passing on great wealth to future generations affect the need for estate planning. One such factor is [...]
Jan
27
2010
27
2010
Five Common Myths about Estate Planning
Jan
25
2010
25
2010
Do I Need a Pre-Nup?
As wedding season approaches, you may be wondering whether a pre-nup, or pre-marital agreement, is necessary or right for you. A pre-marital agreement can provide many benefits, such as protecting your separate property, supporting your estate plan, and establishing rules for deciding future matters during marriage and handling issues such as spousal support and property [...]
Jan
20
2010
20
2010
The Elkins Family Law Task Force
The Elkins Family Law Task Force was appointed in response to an August 2007 California Supreme Court opinion, Elkins v. Superior Court (2007) 41 Cal.4th 1337, which held that marital dissolution trials should “proceed under the same general rules of procedure that govern other civil trials.” The charge of the task force is to propose [...]
Jan
11
2010
11
2010
Commonly Used Terms in Family Law
Child Support – Money paid by a parent to help support a child or children.
Spousal Support-the money paid to the divorced spouse or to the spouse with whom divorces proceedings are initiated, as compensation ordered by the court, for their support. In no-fault divorce it is also called as alimony.
Child Custody- used in the court [...]
Jan
6
2010
6
2010
Commonly Used Terms in Probate and Estate Planning
Beneficiary – Someone who gets something from a trust. A person who gets money from a trust is called an income beneficiary. A person who gets property from a trust is called a remainder beneficiary.
Will – A legal paper that says what a person wants to happen to his or her personal property after s/he [...]