Whether or not you need a revocable or irrevocable trust for your California estate plan depends on several different factors. One of the big differences in the two is that a revocable trust can be changed or cancelled while an irrevocable trust cannot be except in a...
Estate Planning
How a will and trust differ in an estate plan
If you live in California and you are creating an estate plan, you might wonder what the difference is between a will and a trust and whether you need one or both documents. Most people need at minimum a simple will as part of their estate plan, but not everyone needs...
Do you have to include children in your will?
As you write your will in California, some people might tell you that you should include all your children as beneficiaries. However, including all your children isn't always in their best interests. Maybe you have a child who's irresponsible and can't be trusted with...
Are do-it-yourself estate plans a good idea?
Like many people, you may see little harm in taking estate planning into your own hands. There are many services that allow you to draft your own documents, as well as manuals to guide you through the process. You may think that do-it-yourself (DIY) estate planning...