What is a Charitable Trust? Charitable trusts enable estate planners to merge altruism with practical financial strategy, helping shape their philanthropic legacy. Napa estate planning attorneys explain that charitable trusts fall into two distinct categories, namely: Charitable Remainder Trusts (CRT): They pay income to individual beneficiaries for a term and then donate the remainder to […]

How Can Trusts Help in Asset Protection? When creating an estate plan, one crucial consideration should be protecting your hard-earned assets from creditors. Several strategies are available, but Napa estate planning attorneys advise you to incorporate trusts into your plan. Trusts fall into various categories, and you can choose based on your needs and estate

What is the Importance of Medicaid and Long-Term Care Planning? Long-term care costs, which can come from nursing home fees, assisted living facility expenses, Medicaid, or home health care services, can be substantial, potentially putting your remaining assets at risk. When these long-term care expenses start adding up, they can wear away at your remaining

California Estate Attorneys Giving You the Representation You Need for Asset Protection Trusts Whether they children, grandchildren, other family members, or trusted friends, we all want to ensure our heirs are provided for. No one wants their loved ones responsible for bills and obligations after they’re gone. We all want those closest to us left

What Is a Medical Trust? The term medical trust is usually used to reference a Medicaid Asset Protection Trust. In California, this would be a Medi-Cal Asset Protection Trust, and it’s a type of legal document that can help with Medi-Cal planning. An elder law attorney can help you plan proactively for retirement and future

Should You Prepare a Will or a Trust? If you own a home or a business in California, or if you have loved ones who rely on you, you should schedule a consultation with a Napa trust attorney to begin preparing your estate plan. Every adult who has properties, assets, or loved ones should establish

What Can I Do to Ensure My Beneficiaries Don’t Have to Pay Significant Estate Taxes? A major concern for many people, especially high net-worth families, is how stringently their beneficiaries will be assessed estate taxes when it’s their time to inherit the estate. They hate to see what should be financial security become a financial

What Is Advanced Estate Planning? Nearly everyone can benefit from developing estate plans, even if they’re not wealthy and their estate isn’t complex. However, when someone has a high net worth and considerable assets that may be complex to account for in an estate plan, estate planning isn’t just a good idea; they’ll likely need

Life Insurance Trusts: A Frequently Overlooked Solution When it comes to estate planning, most people at least know about the basic tools. Everyone has heard of a will, and even if they don’t realize it, many individuals have designated beneficiaries for certain accounts. However, a significant number of people overlook life insurance trusts — which

The Importance of Understanding Your Estate Plan Options No one wants to think about their own demise, but this is essential for proper estate planning. However, it’s not all about planning for death. In fact, such a plan can provide asset protection benefits while you’re very much alive. Regardless of your underlying goal, understanding the