Can someone plan to avoid estate taxes in California?
The Law Offices of C. Lee Hewitt Blog
by gturnercontentcustoms
1w ago
Estate planning is a deeply personal process in which someone provides support for their loved ones and creates a legacy. Every testator in California has unique concerns and goals, but there are some desires that are relatively universal. For example, most testators want to maximize what their loved ones receive, a goal which requires that they minimize liabilities. Estate taxes are among the most costly issues that could arise during estate administration. Estate taxes are notorious for diminishing the overall value of the property in someone’s name when they die. Do those putting together e ..read more
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Creative ways to use an incentive trust
The Law Offices of C. Lee Hewitt Blog
by lbaxtercontentcustoms
1w ago
When you set up a trust, it can be very straightforward. You may just stipulate that the money in the trust is to be used for education expenses, for example. But you can also get a bit more creative, especially if you use something like an incentive trust. This allows you to provide different incentives and goals for the beneficiary. They get payouts when they meet those goals, which is their incentive to live in a certain way. Maintaining employment For example, perhaps you know that the amount of money you are going to leave to your beneficiaries is enough for them to live off of. You may b ..read more
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3 reasons a judge may order supervised visitation
The Law Offices of C. Lee Hewitt Blog
by gturnercontentcustoms
1M ago
During litigated divorce cases, the courts seek a fair solution for every involved party. Where children are involved, their welfare supersedes all other considerations. In cases where the court determines that supervised visitation is necessary, it’s typically because ensuring the safety and well-being of the children is paramount. Supervised visitation involves allowing a non-custodial parent to spend time with their child under the supervision of a designated third party or a professional supervisor. This helps ensure the interaction between the non-custodial parent and the child is safe, a ..read more
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What are the positives of divorce?
The Law Offices of C. Lee Hewitt Blog
by msmithcontentcustoms
1M ago
Pursuing a divorce is a major decision for any spouse. A divorce could result in significant changes personally, financially and emotionally. With that being said, divorce is often viewed in a negative light. The truth is that divorce can bring numerous benefits for all parties, and it’s important not to neglect these benefits. What are some of the more positive aspects of divorce? Removing the tension from home When a marriage breaks down, this can cause tension in the household. There doesn’t need to be heated arguments for this to happen. Even if spouses are simply no longer communicating ..read more
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How financial disputes can result in divorce
The Law Offices of C. Lee Hewitt Blog
by wreedcontentcustoms
1M ago
No two divorces are exactly the same, but there are some common factors in many divorce cases. For example, many marriages break down due to infidelity. Another common reason seen in divorce cases is financial disputes.  When a couple gets married, they join their lives together in many areas, including financially. But, this doesn’t always work out according to plan. What are some of the most common financial disputes between married couples?  Debts and pressure When a couple gets married, they tend to share many financial responsibilities. For instance, they may take out a joint lo ..read more
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3 common causes of divorce
The Law Offices of C. Lee Hewitt Blog
by msmithcontentcustoms
2M ago
The majority of couples enter marriage with the intention of staying together for the long term. Despite these intentions, the reality is that a significant number of marriages end in divorce The causes of divorce are usually multifaceted, but there are some common trends among divorcing couples. Outlined below are 3 of the most common causes of divorce. 1. Failure to commit Once the honeymoon period is over, marriage can be tough. Every marriage has its ups and downs, and couples with a strong bond come through the other side. Difficulties during marriage are a test of commitment. In many cas ..read more
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3 things people should avoid doing as they prepare for divorce
The Law Offices of C. Lee Hewitt Blog
by gturnercontentcustoms
2M ago
Many people make mistakes early in the divorce process that may affect the outcome. The exact steps that people need to take early in divorce are drastically different from case to case, but the mistakes that people make are often very similar even when they are in highly unique scenarios. The three mistakes below are all errors that people should avoid whenever possible as they prepare for California divorce proceedings. Airing dirty laundry on social media People use different social media platforms to obtain validation from their peers and share news with their closest social acquaintances ..read more
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Why it’s important to know your heirs from your beneficiaries 
The Law Offices of C. Lee Hewitt Blog
by wreedcontentcustoms
2M ago
There are a lot of complicated legal terms. Some of the few that often get confused are “heirs” and “beneficiaries.” Both of these terms are often used when planning an estate. Both of these terms also relate to someone who may benefit from the deceased’s assets. However, it can create a lot of legal issues if these two terms are confused. If you’re planning your estate, then it can benefit you to learn the difference between heir and beneficiary. Here’s what you should know: What is an heir? One of the biggest reasons people make estate plans is that it allows them to dictate how their assets ..read more
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Signs your spouse may be hiding assets
The Law Offices of C. Lee Hewitt Blog
by lbaxtercontentcustoms
3M ago
Divorce proceedings can be complex, especially when they involve financial matters. One concern for many individuals is the possibility of a spouse hiding assets to achieve a more favorable settlement.  Recognizing the signs of this is essential for ensuring a fair division of property. Strange financial behavior A clear indicator of hidden assets is a sudden change in financial behavior. This might include your spouse becoming overly secretive about financial matters, such as refusing to discuss expenses or investments. Additionally, watch for unusual withdrawals or transfers from joint ..read more
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What is digital estate planning?
The Law Offices of C. Lee Hewitt Blog
by wreedcontentcustoms
3M ago
Digital estate planning is an increasingly important aspect of modern estate management, reflecting the growing digital footprint in the lives of American adults. In the simplest terms, digital estate planning involves making arrangements for your digital assets after an individual’s death or incapacitation. Just as you need to plan for the distribution of your physical assets in the event of your death, digital estate planning helps to ensure that your online presence and digital properties are handled according to your wishes in the event of your death or incapacity.  What are digital a ..read more
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