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What Happens to a Living Trust in Divorce?

When it comes to divorce, the division of assets can be a complicated and emotional process. One question that often arises is, “What happens to a living trust in divorce?” The answer depends on the type of trust and whether it is revocable or irrevocable.

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Accounting for Your Pets in Your Estate Plan

Pets are beloved family members. That is why including them in estate planning can be crucial. Failing to include pets can leave them unprotected in case of their owner’s unfortunate passing. At Davidson Estate Law, we strive to help our clients determine the best way to protect pets in their estate plans.

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Properties That Are Commonly Held in Trusts

Estate planning generally begins with a last will and testament, commonly referred to as a will, which allows you to designate who should receive your assets when you pass away. Assets generally include anything you possess in your own name that is not jointly held with someone else.

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Is a Handwritten Will Valid in California?

Most of us are familiar with what a basic will does, but it’s not until we write out our own or are assigned to be the executor of one that we realize how complex it can be. Furthermore, a lot of people don’t realize there are actually different types of wills and some of them are harder to administer than others.

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Second Marriages & Estate Planning

When creating an estate plan in your second or subsequent marriage, there are some important things that you need to keep in mind. Be sure to take the necessary steps to protect yourself, your assets, and your children.

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Estate Planning for Young Adults

Many young adults have misconceptions about estate planning. They may believe estate planning is only necessary for people who have reached a certain age or accumulated a certain level of wealth.

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Are Heirs Responsible for Their Loved One’s Debts?

Coping with the death of a loved one is never easy, and healing can be made even more difficult if you’ve also been named the estate executor.

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Talking to Parents About Estate Planning & Dementia

Grappling with the aging process can be difficult for both elderly parents and their adult children. This is especially true if you have a parent who’s showing early signs of dementia and you need to help them with their estate, healthcare, and financial planning. This process is difficult but not impossible, and working with an experienced estate planning attorney can help immensely.

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Why Signing A HIPAA Release is an Important Part of Estate Planning

Having control over your health information is important when drafting your estate plan. A HIPAA release is a vital estate planning tool that allows you to set boundaries regarding the use and release of your medical records.

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The Role of the Estate Executor

Estate planning – the process of distributing your assets to your loved ones when you’re gone – is generally accomplished in one of two ways – a last will and testament or a living trust.

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