The social insurance program was established in 1935 by the US federal government with the purpose to provide retirement, disability, and survivors’ benefits. Since that time, in part due to the disappearance of extended family networks, an increas…
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Big life changes for any Californian may affect your estate plan. You should check your estate planning documents every so often, to make sure they’re still good, especially with big life changes like births, marriages, divorces, and moving to anot…
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If Californian parents wait too long to instill family values to their children, successfully addressing and legally formalizing inheritance of family values and assets can be a challenge. Undoubtedly the best time to teach and empower your children…
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It’s a common misconception that estate planning is only for the wealthy, but in the eyes of the law, an estate is simply the aggregate of property an individual owns, and most everyone owns something. Property ownership includes individual as well…
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Keep your hard-earned assets, for the future inheritance of your children and grandchildren, from disappearing or being claimed by creditors with protective measures in your estate plan. A simple way to achieve inheritance protection is through a tru…
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Did you know, Baby Boomers represent nearly 20 percent of the American public? The baby boom generation is comprised of those Americans born 1946-1964, and according to the US Census Bureau (Bureau of Census), their numbers are estimated to be 73 mil…
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Who should you trust to manage your financial well being when you are no longer able to do so? A power of attorney (POA), otherwise known as an agent to your principal, has the legal authority to represent and make decisions on your behalf. What char…
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This is a common question we hear and at Decarli Law we can help. Read on for information to help determine whether you need a trust and, if so, what kind fits your specific situation.
For example, maybe you have a disabled child and you want a trust…
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Talking about wealth with your kids can be an uncomfortable task for many parents. Talking about how much money or property you have is usually viewed as taboo. Asking someone else about what they have is often considered impolite. But failing to t…
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The conversation may be difficult, but it is essential that as your parents age, you have conversations with them about their finances. To broach the topic, you might bring up current events like the coronavirus pandemic, its effect on economic condi…
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