Carlsbad California Estate Planning Attorney | Geiger Law Office
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Planning for the future is vital for everyone, not just the wealthy. Our San Diego County law firm wants to help you secure your heirs’ future today. Our estate planning blog includes usable facts and opinions about the California probate law system drawn from years of experience at our Carlsbad law firm.
Carlsbad California Estate Planning Attorney | Geiger Law Office
5d ago
Spring symbolizes renewal and growth, a time we're inspired to clear out the old to make way for the new. It's often a time that prompts us to revisit and declutter our living spaces, but what about the less tangible aspects of our lives, such as our estate plans? It's equally important to dust off and refresh your estate plan. This spring, take the opportunity to clean up your estate plan, ensuring it continues to reflect your wishes and circumstances. Here's how to best approach this critical task:
Revisit Your Trust Documents
Trusts are the cornerstone of estate plans, offering control over ..read more
Carlsbad California Estate Planning Attorney | Geiger Law Office
1w ago
As our parents age, we often find ourselves facing challenges we never anticipated. Among these, witnessing a parent lose their capacity to manage their affairs due to dementia or other illnesses can be particularly heart-wrenching. This difficult situation necessitates a clear understanding of legal mechanisms like trusts, and the roles of a successor trustee and power of attorney agent (POA). Here's a guide to help you navigate these complexities to ensure your aging parent's wishes are honored and their wellbeing is safeguarded.
Understanding Trusts and the Successor Trustee Role
A trust is ..read more
Carlsbad California Estate Planning Attorney | Geiger Law Office
2w ago
You may have heard about the Corporate Transparency Act (CTA) and its implications for businesses starting January 1, 2024. However, recent developments have put the future of this Act in question. On March 1, 2024, Judge Liles C. Burke of the United States District Court declared the CTA unconstitutional in the case of National Small Business Association v. Yellen. Let’s break down what this means and why it matters.
What is the Corporate Transparency Act?
The Corporate Transparency Act aims to bring greater transparency to business ownership. It requires certain entities, including Limited P ..read more
Carlsbad California Estate Planning Attorney | Geiger Law Office
3w ago
Estate planning often conjures up thoughts of legal documents, financial assets, and real estate. However, for many, the most cherished aspects of their legacy are not found in bank accounts or property deeds, but in the form of jewelry, art, collectibles, and personal treasures. These items, which may or may not boast a high monetary value often hold sentimental and emotional significance that can make them priceless to family members. Navigating the inclusion of these sentimental items in your estate plan requires thoughtful consideration and understanding of their unique value to your loved ..read more
Carlsbad California Estate Planning Attorney | Geiger Law Office
1M ago
As a business owner, you’ve poured your heart, soul, and countless hours into building your enterprise. It's not just a source of income; it's a part of your identity and a testament to your hard work and dedication. However, have you considered what will happen to your business and your loved ones in the event of your incapacity or death? Without a solid estate plan, the future of your business and the financial security of your family could be at risk. This blog post explores the critical components of estate planning for business owners, to help you protect both your business and your famil ..read more
Carlsbad California Estate Planning Attorney | Geiger Law Office
1M ago
It was recently reported that Lisa Marie Presley’s daughter, Riley Keough, who is the sole trustee of her late mother’s estate, refused to pay a debt on her mother’s U.K. home one year after her death. Keogh claimed in her court filing that she shouldn’t be held responsible for the outstanding debt of $1.6 million because Barclay’s Bank did not make a claim within the one-year anniversary of her mother’s death. The bank claims that Presley had personally guaranteed repayment of the loan but Keough alleged that her mother only guaranteed loan interest payments between 2010 and 2015. The home wa ..read more
Carlsbad California Estate Planning Attorney | Geiger Law Office
1M ago
Navigating the complexities of estate planning is particularly crucial for residents in Laguna Niguel with substantial assets. High-net-worth individuals and families often face unique challenges in securing their legacy, managing estate taxes and ensuring that their wishes are honored. Understanding high-net-worth estate planning strategies can make a significant difference in preserving wealth for future generations.
In this article, we delve deep into the nuances of estate planning for the affluent, emphasizing why it's indispensable and how proper estate planning can secure one's financial ..read more
Carlsbad California Estate Planning Attorney | Geiger Law Office
2M ago
Safeguarding Your Home Equity: The Importance of Filing a Homestead Declaration in California
Owning a home in California is not just a significant financial investment but also a symbol of stability and security. As a homeowner, protecting your property and its equity should be a top priority. One effective way to do this is by filing a declared homestead deed. Here’s why every homeowner in California should consider taking this crucial step.
Shields Your Home from Creditors:
Filing a homestead declaration creates a legal barrier that shields up to a statutory amount of equity in you ..read more
Carlsbad California Estate Planning Attorney | Geiger Law Office
2M ago
In today's digital age, our online presence, from social media accounts to digital photo libraries, plays a significant role in our lives. As we accumulate these types of accounts, it becomes crucial to consider them in our estate planning. This blog post will guide you through steps you can take to ensure your digital legacy is preserved and protected after you're gone.
Understanding Digital Assets
It's important to understand what constitutes a digital asset. These can include:
Social Media accounts such as Facebook, Instagram, X (formerly Twitter) & LinkedIn &nbs ..read more
Carlsbad California Estate Planning Attorney | Geiger Law Office
2M ago
Safeguarding Your Property: How Free Alerts Can Protect You from Real Estate Fraud
Recently, the real estate market has seen a concerning rise in fraudulent activities. Homeowners, now more than ever, need to be vigilant to protect their most valuable asset. One effective way to do this is by signing up for free alerts that notify you whenever a document transferring the title of your property is recorded. Below are the types of real estate fraud prevalent today and how these alerts can be your first line of defense.
Types of Real Estate Fraud:
Title Fraud: This occurs when the fraudste ..read more