Posts Categorized: Assets

How can I execute a document when I don’t understand the terminology?

May 7, 2013 / By: Jenna Gimarelli

Category: Amendment, Assets, executor, Trustee, Trustor

Sometimes we forget that while on a day-to-day basis we work with estate planning, most people aren’t exposed to estate planning terminology and do not fully understand the difference between a trustor and trustee or...

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AS YOUR LIFE CHANGES, KEEP AN EYE ON YOUR BENEFICIARY DESIGNATIONS

Apr 16, 2013 / By: Lisa Kajani, Attorney at Law

Category: Assets, Beneficiary Designated Accounts

Many of our clients have been clients for many years, and during that time, we have seen many changes in their lives.  Some of the changes are joyful –clients marry; children and grandchildren – even...

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Protecting Investment Property

Feb 28, 2013 / By: Kim Thomas, paralegal

Category: Assets, LLC, Real Property

So you have been privileged to inherit a property from your parents but the catch is you have to co-own it with your sibling. For many, the thought of having to share anything with a...

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I recently found out my grandmother is moving

Aug 7, 2012 / By: Jenna Gimarelli

Category: Assets, Grandma and Grandpa

I recently found out my grandmother is moving. When I tell people this they just nod, but then I tell them it’s to another country and I get some interest. This past weekend my family...

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What happens to your stuff when you die?

Mar 20, 2012 / By: Amanda Maggi, Esq.

Category: Assets, Probate

Well, the answer depends on whether or not you have taken steps to write your wishes down in a will or trust, or do any other advanced planning.  Many of us intend to one day...

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Durable powers of Attorney for Financial Affairs

Oct 17, 2011 / By: Mary S. Falk, Estate Planning Attorney

Category: agent, Assets, Power of Attorney, springing

A durable power of attorney for finances is a simple, inexpensive, way to arrange for someone to manage your finances if you become unable to make decisions for yourself.

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Digital Assets … Who can access them upon your incapacity, death or disability?

Sep 26, 2011 / By: Kim Thomas, paralegal

Category: Assets, digital assets, email account, Estate Planning, financial accounts, social media account

A more recent issue in estate planning, digital assets. What happens to your blog, email accounts, social media and finanical account online when you pass away?

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LOST…AND FOUND

May 26, 2011 / By: Patricia Urban, Trust Administration Paralegal

Category: Assets, funding, Living Trust, savings bonds, U.S. Department of Treasury

One last tip – if you have savings bonds as part of your estate plan, make sure you include the information and location in your files so the bonds won’t be lost.

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Keeping your home titled in your trust

Apr 26, 2011 / By: Patricia Urban, Trust Administration Paralegal

Category: Assets, Estate Planning, Financial Institutions, funding, Probate, Real Property, Refinancing

Your home really is your ‘castle’ as it’s one of your most important investments. Your home can be your biggest investment, especially in California, and as such, needs to be titled in your trust.

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Making sure to list your assets on your schedules

Mar 31, 2011 / By: Jayashree Kathardekar, paralegal

Category: Assets, Estate Planning, Living Trust

As many of you know we normally say DO NOT WRITE on your original documents, as Amanda discussed in her blog last October ( http://blog.falkandcornell.com/2010/10/good-idea-handwritten-living-trust/ ) HOWEVER your schedules are the one exception. In fact...

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