Two Green Doors With Flowers At The Entrance, Corona Estate Planning Attorney.

Do Members of the HOA Get Along?

Before Buying, Discover Do Members of the HOA Get Along? No one wants to be fighting with their neighbors, but disagreements can get particularly nasty in a neighborhood governed by an HOA. After all, it’s not just a she-said, he-said situation, but there are actual rules and regulations homeowners must follow, with there being financial…

Two Black And Brown Horses Tie Up To A Trailer From Farmers And Ranchers, Corona Estate Planning Attorney.

Failing to Plan Farmers and Ranchers

Farmers and Ranchers Farmers and ranchers have complex estate planning needs. They may have children who want to continue the farming or ranching business and children who do not. They will be forced to decide who inherits the land, the equipment, the livestock, and other assets, all the while trying to keep things fair and…

A Herd of Cattle on the Field, Corona Estate Planning Attorney.

Relying on Joint Ownership?

Joint Ownership Many people, including farmers, ranchers, and others, believe that the easiest way to plan their estates and avoid probate is to own property in joint names with family members. However, farmland or ranch property that is jointly owned and enrolled in programs administered by the U.S. Department of Agriculture may result in subsidies…

Top-view Of A Farmland, This Is A Illiquid, Corona Estate Planning Attorney.

Are You Overlooking Liquidity Needs?

Liquidity Needs Liquidity Needs – Incapacity and death are expensive and often require cash to pay expenses. But, farmland, farming equipment, personal residences, automobiles, and other personal effects are illiquid. Without properly planning for immediate and long-term cash needs, families will be forced to quickly sell land and equipment for pennies on the dollar. Farmers,…