Month: May 2025
The importance of succession planning
If you own a business, the income from it will likely form a significant part of your estate. At least it will right now. If you were suddenly left incapable of running things or were to die without warning, then the future of this income source could be in jeopardy....
What is testamentary capacity?
Testamentary capacity refers to a person’s legal and mental ability to make a valid will. In California, this means the person must understand what a will does, know what property they own and be aware of who their heirs are. A person does not need perfect memory or...
When should you review your estate plan?
Creating your estate plan isn’t a one-and-done event. Instead, it’s the start of a process that continues until you die. Even though most people don’t want to think about these final affairs, you mustn’t forget to review your estate plan once you have it set. At a...