I just came across this hilarious article in Times Online (see here) about the 10 strangest bequests ever. Below is the Cliff Notes version (although the article is worth reading in full!): 10. Gene Roddenberry, creator of the Star Trek television series, appropriately had his ashes blasted into space on a satellite and distributed as …
Have you ever wondered what you should do with your digital “remains” after you die? According to an article in the March 2010 issue of Wired (see here), there are at least three companies that “keep customers’ passwords, usernames, final messages, and so on in a virtual safe-deposit box. After you’re gone, these companies carry …
According to an article on Forbes.com (see here), a recent survey showed that 65% of Americans do not have wills and 71% do not have health care directives (or living wills)! Asked why they had no estate planning documents, about 44% of respondents said they did not want to pay the expense, and another 19% …
What will happen to your beloved dog, cat, bird, horse or other pet if you die or become incapacitated? Unless specific written provisions are made, many pets end up being displaced and even euthanized when their owners die or are no longer able to care for them. California Probate Code Section 15212 provides for the …
Pet Trusts – Providing for Your Pets in Your Estate Plan Read More »
Probate is a court proceeding that determines the disposition of your assets upon your death. However, if during your lifetime, you transfer ownership of your assets (or, at the very least, your significant assets) out of your personal estate and into your trust, you can avoid the cost of probate. Because the trust never dies, …
According to an article in the Wall Street Journal Online (see here), there are several key issues to consider before hiring a financial adviser. The following is a summary of the article, although I recommend reading it in full. 1. What’s in the adviser’s background? Make sure that you have looked into the adviser’s record …
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