Can Grandchildren Inherit Later Than Your Children in a Living Trust?
Children can inherit immediately while grandchildren inherit later. Certain beneficiaries may receive distributions over time, while others receive assets outright. This flexibility allows inheritance plans to align with financial maturity, long-term goals, and family dynamics…
The 3 Biggest Estate Planning Mistakes in California
Unfortunately, that assumption can create enormous financial and emotional problems for the people left behind. After years of working with California families, estate planning attorney Michael Pevney has identified 3 major mistakes that repeatedly create probate issues, family conflict, and unnecessary costs…
How To Choose the Best Guardian for Your Kids
If you have children under 18, one of the most important decisions you will ever make is choosing who would raise them if something happened to you. Most parents spend time thinking about…
What Happens When a Trustee Is Not Doing Their Job?
How old do you need to be before setting up a living trust? For many people, the answer is surprisingly simple: It is usually less about age and more about…
What Age Should You Set Up A Trust?
How long does it take to set up a living trust? For most families in California, the answer is…
How Long Does It Take to Set Up a Living Trust
How long does it take to set up a living trust? For most families in California, the answer is…
Does a Living Trust Pay Taxes If It Owns an LLC in California
If you own a rental property inside an LLC, and that LLC is owned by your living trust, who actually pays the taxes? It sounds complicated. But in most cases, the answer is surprisingly simple…
What Happens to Your 401k When You Pass Away in California
What happens to your 401k when you pass away? For many families, this is one of the largest assets they own. And unlike your house or bank accounts, a 401k follows a completely different set of rules…
Use AI Instead of a Lawyer for Estate Planning in California
Should you skip the lawyer and go straight to AI to create your estate plan? It sounds tempting. Fast. Cheap. Convenient. But here is the reality:…
Should You Give Your Kids Their Inheritance at 18 in California
Would your 18 year old make smart decisions with a six figure inheritance?
Be honest. For most families, the answer is no. And that is not a criticism. It is reality…