Dying without a Will in California
If a resident of California passes away without having an executing a will or revocable living trust, California has an entire set of laws in the Probate Code, known as “intestacy” to determine who will get your estate. The intestate laws have a series of questions to be answered do determine who can inherit the […]
Holding Title as Joint Tenants
Joint Tenancy is a type of ownership of real estate by two or more persons in which each owns an undivided interest in the whole property. Joint tenancy is often touted as one method of estate planning; however, there are consequences you may not be aware of that could not make it the best option available. When a joint tenant dies, the interest in the property is then vested into the interest of the […]
Estate Planning for Childless Couples
The Wall Street Journal recently had an article entitled “Estate Planning for Childless Couples” that emphasizes the importance of different estate planning tools for your personal situation. I often tell people who do not have children that estate planning may have even more important repercussions for them than people with children because if you die […]
6 Estate Planning Moves You Should Make in Your 30s
Daily Finance has an interesting article for estate planning that should be addressed in your 30s. Estate planning is often equated with older people; however, there can be some estate planning moves that you can make as you are younger that might make sense. In addition to having a will, a revocable living trust, a […]
Estate Planning for Young Families
Many couples with young children or those without children yet do not think estate planning is for them. Estate planning is often associated with old people or those with large estates. However, estate planning is important for young families just as it is for older people and those with lots of assets. Unfortunately, even a […]
Memorial Day Weekend Discounts
For Memorial Day, Marinaccio Law is offering a 10% discount on all estate planning services for current U.S. military, U.S. military veterans, and law enforcement. Marinaccio Law offers a variety of services for estate planning, including drafting revocable living trusts, wills, advanced healthcare directives, and powers of attorney. This discount is good through May 30, […]
Mickey Rooney’s Estate Dispute
A death in the family can bring out many emotions, and when wishes are unclear in an estate plan, some of those emotions can boil over among family members even when determining burial and funeral arrangements. After only five days that famous actor Mickey Rooney had died, his family was in Los Angeles County Superior […]
Important Estate Planning Questions for Spouses
Dailyfinance.com has an interesting article entitled 3 Important Estate Planning Questions which provides three questions that are important for all spouses to discuss when drafting an estate plan. The first question, “How well does my spouse know our financial advisor?” is a good question to discuss how both spouses should know their “estate planning” team. Although the […]
Mickey Rooney’s Estate Planning Dispute
The New York Daily News writes about an estate planning dispute of Mickey Rooney that has boiled over only days after his death. The article can be found here. Mickey Rooney had disinherited his eighth wife, who he was married to for 35 years but also estranged. He had also sued her and her biological […]
Why Hiring an Attorney Can Save You Money on Your Estate Plan
Forbes has an interesting article, Careful, Thoughtful Drafting Essential in Estate Planning. It provides an interesting glimpse into do-it-yourself estate plans with the advice of an attorney. In California, a person can draft their own will in their own handwriting and can even draft a “statutory will” that is a fill-in-the blanks will (there are certain rules […]
