Modifying a CA Estate Plan: 4 Documents in Need of an Update
4 Documents in need of an update when there is a change in the assets? View here for more from an Orange County trust attorney.
A Trust Can Hold Shares in an S-Corporation but Must Contain Certain Key Provisions
If you obtain shares in an S-Corp after creating a trust, you may need to modify your estate plan. Trusts need specific provisions to hold S-Corp stock.
Consider Making Your Trust a QTIP After a Second Marriage
If you remarry, and you have children from a first marriage, it is time to update your existing estate plan. You may want to consider a QTIP trust.
Your Power of Attorney May Be Missing Key Provisions
Few people realize that a power of attorney drafted with broad terminology granting powers to the agent may not be sufficient.
How do I modify my advanced directive and power of attorney?
When updating an estate plan, it is important to remember your advanced directive and power of attorney. Updates may involve signing new documents.