Having a furry friend really does make a difference in your life. You don't need studies or statistics to tell you that you feel calmer, your heart beats slower and your blood pressure evens out when you are sitting on the sofa with your dog or cat in your lap or at your feet.
If your loved one wishes to make or change a California will, you need to be aware of the possibility of diminished capacity issues. As explained by the Orange County Bar, legal mental capacity is different than general mental capacity.
If you have never heard of a charitable trust, you may find that establishing one or more of them is the best way you can give back to your church, your alma mater, your favorite California charity, or any number of other organizations to which you regularly donate money. But the bonus, as Fidelity.com explains, is that while you give to these organizations dear to your heart through these trusts, the trusts also give back to you.
Remember how excited you were when you finally got your California estate plan created and established? You likely felt as if a giant burden had fallen off your shoulders. You knew you had perfectly set up your will, trusts, powers of attorney and all your other legal documents so as to ensure protection of yourself and your family, both now and in the future, to the greatest extent possible.
It’s not uncommon for contentious fights to break out among families when it comes to inheritance issues. However, parents leave assets to their kids to help them, not to cause strife that can be both expensive as well as emotionally trying. While you can’t always prevent fights from occurring, AARP recommends the following advice to minimize the impact of estate disputes after you’re gone.