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Category Archives: Wills

Peaceful

Actor Chadwick Boseman’s Family Resolves Estate Dispute

By Samuel Ford Law |

We tend to assume that estate planning is something for older people. As a result, many younger people, even those with assets and means, can easily forget or ignore the importance of good estate planning. Such was the case with actor Chadwick Boseman, the star of many movies, including Marvel’s hit Black Panther. Beloved… Read More »

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InsurancePiggy

Could A Life Settlement Help You?

By Samuel Ford Law |

For many of us, life insurance is a valuable asset that will ensure that our loved ones have the financial means to continue should something happen to us. But insurance is always a risk—not just for the insurance company, but for us as well. After years of paying for a policy, there is no… Read More »

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ManThinking3

Making Smart Use Of Your Medicaid Trust

By Samuel Ford Law |

For many older people, or those who are facing that prospect, long term nursing care, or even moving to a long term care center, can create financial difficulties. Any type of long term care is extraordinarily expensive. What About Medicaid? Many seniors will have the benefit of relying on Medicaid, a government funded program… Read More »

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Pros_Cons

The Pros And Cons Of Alternatives To Trusts

By Samuel Ford Law |

There are a number of benefits to using a trust as an estate planning tool. But like anything else, trusts have good points and bad points. The main positive point of a trust is avoiding probate, and allowing the property in the trust to transfer automatically, without court intervention (as well as the privacy… Read More »

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HouseProtection

Asset Protection When Leaving Property To Your Children

By Samuel Ford Law |

If you are leaving property to a child, there may be a lot of concerns over the assets that are being left, especially if there are concerns about the child or the child’s lifestyle. But making sure that your child has the money and uses it responsibly, is not your only issue. Another concern… Read More »

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Paperwork3

If You’re A Trustee, Don’t Forget These Vital Duties

By Samuel Ford Law |

If you are appointing a trustee, or you are someone who is appointed a trustee, you may already know that you have a lot of job responsibilities. Some are well known, and some are somewhat obvious. But other duties are less well known. Here are some things that you, as trustee, can easily overlook—but… Read More »

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LifeHasChanged

Changes That Could Require That You Revisit Your Living Will

By Samuel Ford Law |

When you create an estate plan, you may think that it’s done, and you are set. One more item off your “to do” list, and you can now focus on other things. Well, not so fast. Because life itself is changing and dynamic, so too can things in your estate plan change. Here are… Read More »

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Money5

Avoiding Gift Taxes In Your Estate Planning

By Samuel Ford Law |

Although California has no estate tax, there is a federal estate tax. And although that estate tax has a rather high exemption limit–currently you won’t pay estate taxes unless your estate is worth over $12 million–many people want to avoid the estate tax by just giving property away. Can You Just Give Your Stuff… Read More »

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Inherit2

Are You A Dynasty? You Are – With A Dynasty Trust

By Samuel Ford Law |

When you think of a dynasty, you probably think of a sports team, or a family of wealthy rulers in a foreign land. But actually, you have your own dynasty–called your own extended family, in terms of estate planning, which allows you to set up what is known as a dynasty trust. What is… Read More »

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Decision

Benefits And Drawbacks Of Living Trusts

By Samuel Ford Law |

When you create a trust, you are sometimes not actually creating it at that time: you are just setting up the trust to “come alive” when you pass, and to ensure that the property you designate, transfers into the trust. But sometimes, you set up a trust when you are alive, and the trust… Read More »

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