When Your Child Turns 18

By Elizabeth Krivatsy | March 15, 2016 | Comments Off on When Your Child Turns 18

Turning 18 is one of those threshold moments. Your child is now, legally speaking, an adult. That means you are no longer entitled to medical or financial information about your child without his consent. This could be disastrous if your child is seriously ill or injured. As an adult, your child needs these 3 documents:…

Estate Planning for Your Digital Assets

By Elizabeth Krivatsy | March 15, 2016 | Comments Off on Estate Planning for Your Digital Assets

It’s amazing how much of our lives live online these days. Most people don’t include digital assets in their estate plans. This makes it hard for your executor or successor trustee to identify all of your assets and liabilities. It’s even harder to access your Facebook account or photo library. Careful planning and meticulous follow-through…

IRS Phone Scams, Again

By Elizabeth Krivatsy | March 15, 2016 | Comments Off on IRS Phone Scams, Again

They’re at it again – those creepy scammers posing as aggressive IRS agents. In this new scheme, they change their caller ID to make it look like they are calling from the IRS or the DMV. They use fake names, titles, and badge numbers. They know your name, address, and other details about your life,…

Choosing a Stand-Up Stand-In

By Elizabeth Krivatsy | March 15, 2016 | Comments Off on Choosing a Stand-Up Stand-In

Someone runs a red light and a paramedic is the next person you see. Or, you awaken from a nap to find that neither your body nor your mind will function. What happens next? If you don’t choose someone to make decisions when you can’t, decisions will be made anyway. You know this. That’s why…

California’s New Transfer on Death Deeds

By Elizabeth Krivatsy | January 4, 2016 | Comments Off on California’s New Transfer on Death Deeds

Effective January 1, 2016, California homeowners will be able sign a “revocable transfer-on-death deed,” which will leave the property to the named beneficiaries without having to go through probate. Homeowners can simply sign a Simple Revocable Transfer on Death Deed, naming one or more beneficiaries. The document must be notarized and recorded with the county…

Title Insurance and Revocable Trusts

By Elizabeth Krivatsy | January 4, 2016 | Comments Off on Title Insurance and Revocable Trusts

One of the main reasons people create revocable trusts in California is to simplify the transfer of real estate to their beneficiaries without probate. There’s a catch, though. If you bought your home before 1998, your title insurance policy may not extend coverage to “trustees.” Although title insurance claims are rare, you’ll want to check…