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5 Things to Think About: Choosing the Right Guardian for Your Child
Having children adds a new and extremely important dimension to your estate planning. You must designate a responsible guardian for your children while they are minors, in case you or your partner are no longer able to care for them. Choosing the right guardian for...
5 Things to Do When You Get an Inheritance
Receiving an inheritance from a family member may seem like a blessing, but sometimes it can feel like a curse. In the next three to four decades, $30 trillion will transfer from baby boomers to their heirs. A lump sum of money may seem like it will last you a...
To Catch a Thief- How to Prevent Inheritance Theft
When you create a will or estate plan you may assume that your money will go to the intended heirs. But inheritance theft can happen right in front of your heirs, and the thieves will probably get away with it if the proper measures aren’t put into place to stop them....
3 Estate Planning Resolutions for the New Year
With another year behind you, it is a great time to review your estate plan. If you do not have an estate plan, it’s a great time to start one. Here are three estate planning resolutions you should consider for 2019: Estate Planning Resolution #1: Have the Talk There...
How to Incorporate Your Digital Life into Your Estate Plans
In this modern age, our digital life has become almost as important as our normal everyday lives. Our online accounts, emails, social media profiles and digital subscriptions are all a part of our daily routines, so it’s natural to think about what will happen to them...
What Are the Benefits of Micro Estate Planning?
Traditional estate planning can reduce your taxes, eliminate large probate fees, and give you security for the future. However, you might be unfamiliar with a brand-new estate planning term: micro estate planning. What Is Micro Estate Planning? Long-term planning is...
Aretha Franklin’s Death Without a Will is a Reminder to Think About Your Estate Plans
According to documents filed in probate court, Aretha Franklin left no will or trust behind when she died. Without proper documentation of her assets, a net-worth estimated beyond $80 million and rumored debts, figuring the true worth of Franklin’s estate will likely...
Will I Get My Spouse’s Inheritance?
Inheritance laws help control the rights of the decedent's property and how much is inherited by each of his or her survivors. California is a community property state, which means the law presumes all property acquired during a marriage is owned equally by both...
The Importance of Having a Living Trust in California
How Will You Prevent Lengthy Probate Proceedings? The basic purpose of a living trust is to ensure that an appointed trustee of your choosing gains all property or other assets upon your passing or incapacity. If the individual who is in control wants to change...
5 Important Estate Planning Lessons You Should Know
According to research conducted by the University of Pennsylvania, only 29.3 percent of Americans have a healthcare directive specifying their end-of-life wishes. Perhaps even more stunning, a survey from Caring.com found that less than half of adults in the U.S. have...
Your Will – And Other Important Estate Planning Documents
Your will is an important document that can ensure that your property will make it into the right hands once you pass away. Without a will, your property is at risk of being divided according to California’s rules of interstate succession. While these rules will mean...
Can I Sue if My Insurance Company Acts in Bad Faith?
Do you suspect your insurance company is acting in bad faith? Remember that your policy is paid-for and as such, your insurance company upholds a promise to provide you insurance protection. The company further is responsible for negotiating and settling claims in...
Common Personal Injury Claims
If you’ve been injured in an accident, you could be compensated for injuries sustained in the accident. There are all types of accidents and injuries that could be a part of a personal injury claim and can cause people confusion. Here are a few common personal injury...
Who Gets the Dog in a Divorce in California?
During divorce proceedings, the division of property is a common procedure most couples must go through. However, some divorcing couples can’t seem to see eye-to-eye on who gets the dog after the divorce. Dogs are often considered important members of the family and...
Common Reasons for Insurance Claim Denials
When you’re in an automobile accident, the last thing you want to deal with is a stubborn insurance company that refuses to help with your auto and medical costs. Sometimes claims can legally be denied due to valid reasons. In other cases, the insurer may not be fair...
NOTE: The information contained herein is not intended to be legal advice and the reader should know that no Attorney-Client relationship or privilege is formed by the posting or reading of this article which is also not intended to solicit business.
Cristian R. Arrieta, Lowthorp Richards, LLP, A Professional Corporation, 300 E. Esplanade Drive, Suite 850, Oxnard, CA 93036