The average adult spends a lifetime accumulating property and then must make difficult decisions about assets when they retire. Heirlooms often wind up donated, forcing aging adults to downsize their own property for comfort and ease of estate administration later....
Month: May 2022
3 important steps to manage a loved one’s estate
Serving as an executor means that you will have a lot to do. Not only is it your responsibility to handle all of your loved one's accounts and property, but you take on some personal financial liability for any mistakes that you make in this process. Having a plan...
Texting while behind the wheel
Texting while driving is prohibited in California and many other states, but these laws have done little to stem the problem. The number of people killed or seriously injured each year in car accidents caused by texting drivers is difficult to calculate because...
Who causes traumatic brain injuries?
California residents faced with a traumatic brain injury, or TBI, often experience a drastic change in their lives. They may have to go through extensive therapy and might never be able to work again in some cases. The carelessness and negligence of others may be...
Precautions to take against elder financial abuse
Elder financial abuse is a serious issue in which someone takes financial advantage of an older individual. If you are an older adult or you have a friend or family member who is, there are steps you can take to protect those finances. What older adults can do Older...
Types of business partnerships to consider
People in California who plan to go into business with each other should carefully consider how they will structure their organizations. Choosing the right structure can help minimize liability risks while clearly defining the responsibilities of each partner. Limited...
How a TBI can affect you for the rest of your life
A traumatic brain injury, or TBI, can greatly affect a person's life in California for years to come. Although recovery and rehabilitation are possible, a person will likely need to learn how to do certain things all over again or in a different manner. Read on to...
Why do family members challenge an estate plan or executor?
The rumor mill often kicks into high gear after someone's death. When you serve as the executor of an estate, people will likely seek you out either to obtain gossip or to supply you with it. If you learn that members of the family of the deceased or other...
Brain injuries may increase your risk for bad faith insurance issues
After a major motor vehicle collision, there are certain kinds of injuries that often result in more expensive insurance claims than others. In fact, there are injuries that often result in costs that far exceed the average motor vehicle insurance policy's medical...
Was there an omission in your transfer disclosure statement?
Unless you have a background in construction or real estate, purchasing a new property leaves you largely at the mercy of the real estate professionals involved in the transaction and the party selling the property. Many people view real estate not just as a place to...