Avoid Probate with a Living Trust
Protect your home! Protect your money! Provide for loved ones! Avoid Probate! A Living Trust is the best way to do all of this.
Why Advance Care Planning Is Important
Now more than ever it is important to do Advance Care Planning. The need for care planning has taken on a greater significance and urgency during the COVID-19 pandemic. It is critical for everyone to understand the need for a care plan and to create the legal documents that will ensure you have the plan you want.
The Pitfalls Of A Do-It-Yourself Will
In light of the pandemic, it is more important than ever to put your legal affairs in order. While we recommend you contact a lawyer to prepare your estate planning documents, you may decide to prepare your own will, including going online and searching for “do-it-yourself wills”. This is fraught with peril.
How 2020 Has Taught Us How Unprepared We Were For The Unexpected
2020 was a difficult year and the pandemic taught us how unprepared we were for the unexpected. Estate Planning is now more important than ever. Make it your New Year’s resolution to be prepared for the future, which includes setting up your estate plan or updating your existing estate plan.
Estate Planning for the LGBT Community
Who will make legal, financial and medical decisions for you if you can't? Your spouse or partner? Maybe. But if you don't have one, then who? A judge? A court appointed stranger? An unwanted family member? The Law Offices of Eric A. Rudolph P.C. provides specialized knowledge and dedicated guidance for the LGBT community that simplifies creating an estate plan to protect you and your loved ones.
Estate Planning for Domestic Partners and Unmarried Couples
Even though same-sex marriage is legal in California, not every couple, whether same-sex or opposite-sex, will choose to get married.
Transfer on Death Deed
California passed a new law, effective in January 2016, which allows the owner of real property to designate a beneficiary to receive their real property when the owner passes away. This new real property transfer device is called a transfer of death deed (“TODD”). A transfer of death deed can be a very good way for the owner of real property to transfer the property to another individual without the need of a last will or living trust. It is also an easy and inexpensive [...]
Guardianships and Conservatorships
When someone you love and care about is helpless due to a disability or illness, legal protection can be put in place to keep them safe. Guardianships and conservatorships are legal devices that specify a court-appointed caretaker to administer the affairs of someone who has become unable to protect or care for themselves.
Estate Tax Planning
A big part of estate tax planning is reducing inheritance. There are a number of devices you can put into place to reduce or avoid the inheritance taxes.
Advanced Estate Planning
There are many types of trusts that can be part of a comprehensive estate plan. These trusts can offer significant benefits, including tax benefits, to your beneficiaries and to you. The following trusts may be of great value with your advanced estate planning and your overall estate plan:Educational Trusts:Educational trusts can be created to help beneficiaries pay for college or other schooling. However, there are now many tax-advantaged educational accounts to pay tuition and other school-related costs for young people that do not require an [...]