Estate Planning - The Law Offices of Eric A. Rudolph

Irrevocable Trusts Vs. Revocable Trusts

Irrevocable Trust Vs. Revocable Trust - What is the Difference?There are two types of living trusts: Revocable trusts and irrevocable trusts.Revocable TrustA revocable trust, by its nature, offers a lot of flexibility. The trustor (the person who creates the trust) keeps control of the assets, and has the ability to revoke or amend the trust at any time during his or her lifetime and while they have legal capacity. The trustor still owns and controls the property in the trust and when the trustor passes [...]

March 25th, 2018|Estate Planning|

LGBT Estate Planning 101

Estate Planning for the LGBT CommunityOne of the biggest mistakes members of the LGBT Community can make is failing to properly set up an estate plan – the results of which can be devastating.If you do not have an estate plan and rely upon just holding property in joint tenancy as your estate plan, is the equivalent to giving up control of one's estate, as well as giving up management of one's health, finances and well-being in times of incapacity.The need for an estate plan [...]

June 30th, 2017|Estate Planning, LGBTQ Estate Planning|

Protect Your Loved Ones with a Revocable Living Trust

Back in 2014 I met with Sam Jones (name changed to protect client’s confidentiality) at a local senior center where I volunteer once a month. Sam’s wife recently passed away and Sam was concerned about what would happen to his assets after he passed away. Sam has four children, Sally, Sandy, Scott, and Sam Jr. Sam’s biggest concern was that when he passed away the family home that he and his wife had worked so hard to pay off would have to go through probate. [...]

April 19th, 2017|Estate Administration, Estate Planning, Resources|

Estate Planning for Same Sex Couples

Learn more about Estate Planning for Same Sex Couple and why it is important to have an estate plan in place.Proper estate planning by same sex couples will ensure their assets will go to whom they want, their estate will be managed by who they want, and in the event they are incapacitated, their medical decision and financial matters will be handled by the person they want. It is very important that every member of the LGBTQ community, whether registered domestic partners or not, creates [...]

July 25th, 2016|Estate Planning, LGBTQ Estate Planning, Videos|

Estate Planning 101

Learn the basics of estate planning from Estate Planning Attorney Eric A. Rudolph, Esq., Palm Springs, CA Estate Planning Lawyer. http://youtu.be/89sM5kfACNA

May 25th, 2016|Estate Planning, Videos|

Estate Planning for Same Sex Unmarried Couples

Have you and your same sex unmarried partner created a will, talked to an estate planning attorney, or even given estate planning a second thought? If not, you need to consider doing so, not only to protect your partner, but to protect yourself as well.

October 30th, 2015|Estate Planning, LGBTQ Estate Planning|

Why Estate Planning is Important

If you have not taken the time to plan your estate, you are not alone. Many people avoid estate planning because they see it as an unpleasant task. Having an estate plan in place will ensure that your property is distributed according to your wishes and that any taxes, fees, and costs (there are always taxes, fees and costs) involved in settling your estate can be minimized.

September 28th, 2015|Estate Planning|

Top 10 Reasons to Create an Estate Plan

Estate planning helps protect your family in the event that something happens to you. Find out the top 10 reasons to create an estate plan.

September 15th, 2015|Estate Planning, Resources|

Protect Your Assets with a Living Trust

Estate planning is one of the most important things you can do to protect your assets. When planning your estate, the best way to protect your assets is with a Living Trust. A Living Trust allows you to protect your assets from the unnecessary delays, costs and hassles of probate.

August 23rd, 2015|Estate Planning|

Avoiding Probate with Beneficiary Designation

Avoiding probate does not have to be complicated or expensive. There are simple steps you can take to ensure that certain assets pass to the people you chose without going through probate. One of the easiest ways to avoid probate is to have the money in your bank accounts, retirement accounts and investment accounts automatically transfer to the beneficiary or beneficiaries of your choice after you pass away by filling out simple beneficiary designation forms with your bank and financial institution.Pay-on-Death (POD) Bank AccountsPay-on-death (POD) [...]

June 9th, 2014|Estate Administration, Estate Planning|