Estate Planning Law
Preserve your legacy with a solid understanding of Estate Planning Law
Estate Planning and its corresponding laws are important topics the must be addressed by every adult at some point in life. As a definition, Estate planning is the process of anticipating and arranging, during a person’s life, for the management and disposal of that person’s estate (assets and wealth) during the person’s life, in the event the person becomes incapacitated and after death.
Woodman Garcia-Sepulveda Law has been serving clients in California for over 20 years including Estate Planning. Schedule a Virtual Consultation today!
by Flora Garcia-SepulvedaModern Estate Planning: 6 Steps to Incorporate Your NFT Holdings
6 Steps to Incorporate Your NFT Holdings: If you prefer having NFTs in your portfolios, you need to understand how these assets fit into modern estate planning
by Flora Garcia-SepulvedaIncorporating Crypto Assets into Your Estate Planning: An Overview
Estate planning is complicated, and crypto assets add a new layer of complexity to the process. Unlike traditional assets, these are much more volatile, decentralized, and dependent on secure digital storage. So, how will you ensure they are effectively managed and transferred to your heirs?
by Flora Garcia-SepulvedaSecuring Your Digital Fortune: Cryptocurrency in Estate Planning
We tend to keep a diverse investment portfolio that includes a mix of traditional and digital assets. The problem, however, arises when we talk about including cryptocurrency in estate planning. These assets are decentralized and governed by complex technological systems, making them challenging to manage and transfer upon death.
by Flora Garcia-SepulvedaCrypto & Wills: Safeguard Your Digital Assets for Future Generations
Writing a last will and testament is a challenging task. It’s an emotional process that requires you to consider how to provide for your loved ones and ensure their well-being after you’re gone. The only thing that makes it even harder is understanding how to securely transfer digital assets like cryptocurrency.
by Flora Garcia-SepulvedaWhat is Probate & How Can You Avoid it
Understanding what is probate is just the beginning. You’ll need to carefully craft your estate plan if you want to avoid probate and ensure your loved ones are spared from unnecessary burdens during an already difficult time.
by Flora Garcia-SepulvedaModern Estate Planning: 4 Tips Why You Need to Include Your Digital Assets?
This article delves more into why you should incorporate your digital assets in your estate planning inventory and how you can ensure your digital legacy is passed on according to your wishes. But first, let’s understand what actually comprises digital assets.
by Flora Garcia-SepulvedaWhat Is a Health Care Directive, and Why You Need One
Thinking about the future and the uncertainty that it holds can be a scary proposition. Planning for the event of an untimely health care issue can also be a scary proposition. Which is why having a health care directive, living will, or last will and testament can make things a little more certain.
by Flora Garcia-SepulvedaA Last Will and Testament [Explained]
There is a document, known as a last will and testament, that can ensure that your assets are divided in the way that you wish. It is an estate-planning document that can clearly designate property and assets to those whom you wish to leave your valuables.
by Flora Garcia-SepulvedaWhat Is a Prenuptial Agreement, and Do You Need One?
A prenuptial agreement (“prenup”) is a legally binding agreement that sets out how debts and assets, including spousal support, will be divided in the event of a divorce.
by Flora Garcia-SepulvedaWhat is a Power of Attorney?
Let's discuss in details What is a Power of Attorney, plus download free POA forms There are times when you may need for someone else to take care of certain legal matters for you, either because you’re temporarily incapacitated or you’re not physically in a certain location to sign documents and perform other legal duties. When this happens, you can...
by Flora Garcia-SepulvedaThe Ultimate Guide to Advance Directives and Power of Attorney
There may come a time in your life when you require medical attention or treatment, and you are unable to communicate with physicians coherently. As scary as this thought may be, it is essential to be proactive and prepare for this event with a Living Will, Advance Directives and a Power of Attorney. There are two documents that you will need to complete....
by Flora Garcia-SepulvedaInheritance Law and Your Rights in California
Many people do not take the time to learn about Inheritance Law or to write wills and testaments. The unfortunate result is that many individuals pass away without having ever written one. What happens to their property in that case? In this article, you will find information about inheritance law in California and other states. Such laws govern the legal...
by Flora Garcia-SepulvedaTaxes and Estate Planning for LGBT couples in California
Estate planning and the filing of taxes can vary for LGBT couples based on individual factors. The LGBT community in the United States won their fundamental right to marriage equality in the year 2015 Supreme Court decision of Obergefell vs. Hodges. Since equal marriage rights are enjoyed by LGBT couples, it means estate planning is even essential for them. There are a number of issues which...
by Flora Garcia-SepulvedaUltimate Guide for Estate Planning: Probate, Trusts, Last Will and Testaments
A Last Will and Testament (a “will”) is not only for the wealthy and it is not only for the elderly. Everyone needs a will because it is the legal means by which you can tell the world how you want your assets distributed at your death. Without a will and Testament, you will die what is called intestate. This means that state statutes will dictate how your individually owned assets are...
by Flora Garcia-Sepulveda