Are Your Documents Following the Same Script? Basics of Beneficiary Forms and Estate Planning – In the event of your untimely death, how your beneficiaries — or those people who receive your assets from your estate — are determined is highly dependent on how your property is titled. Generally, property with title includes vehicles, boats,…
POD Accounts payable-on-death accounts also called POD accounts, is a common way to keep bank and investment accounts out of probate, the court-supervised process that oversees distributing a deceased person’s property. Most people want to avoid their estate going through probate because their heirs will receive the inheritance faster, privately, and at a lower cost.…
Successfully Receiving an Inheritance If you are receiving an inheritance, or are expecting to receive one shortly, it has likely triggered mixed emotions in you. You have lost a loved one and also experienced monetary gain. Studies show that a third of Americans who received an inheritance completely spent it within two years of receipt.…
How Proactive, Comprehensive Estate Planning Can Help Do You Own Rental Property? A comprehensive estate plan should address all of your assets. For most people, an estate plan must include three common categories: (1) your home; (2) financial accounts, like your checking and savings account; and (3) personal property. Other types of assets – such…
You Must Do Once Your Divorce Is Final The divorce process can be long and expensive. However, the work does not end once the divorce decree is signed. To ensure that your assets and estate planning wishes are carried out in light of this major life change, there are three things you must do as…
Annual HOA Meeting The annual HOA meeting is the most important meeting of the year, an opportunity for members to vote on items like the budget and board members and discuss issues that improve the community. Yet, getting people to show up for the annual meeting sometimes feels like an impossible task. You don’t have…
Your Business Partnership Deserves More An adage tells us that two heads are better than one. Teaming up with someone who shares your vision and complements your strengths is a powerful tool for success in business. Steve Wozniak knew how to build a computer. Steve Jobs knew how to sell it. Together they built a…
Contact Us Hudack Law Estate Planning Attorney California 1250 Corona Pointe Court, Suite 402 Corona, CA 92879 Serving the Inland Empire, Orange, and San Diego Counties. Hudack Law Estate Planning Attorney Arizona 20715 North Pima Road, Suite 108 Scottsdale, AZ 85255 We’re Here to Help Contact Hudack Law today at (877) 314-4309 Toll-free, please visit…
Contact Us Hudack Law Estate Planning Attorney California 1250 Corona Pointe Court, Suite 402 Corona, CA 92879 Serving the Inland Empire, Orange, and San Diego Counties. Hudack Law Estate Planning Attorney Arizona 20715 North Pima Road, Suite 108 Scottsdale, AZ 85255 We’re Here to Help Contact Hudack Law today at (877) 314-4309 Toll-free, please visit…
Still a Good Idea? Twenty years ago, the Roth IRA first became available to investors as a financial tool for their estate planning needs. These accounts have maintained their popularity because unlike their traditional IRA counterpart, a Roth IRA provides account owners tax-free income during retirement. Many people chose to convert their traditional IRA or…