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…
Threats to Successful Estate Planning Poor estate planning is a recipe for disaster. Look no further than Dickens’ Bleak House—or a telenovela—to witness the tragedy and melodrama inadequate estate planning can cause. While having successful estate planning documents prepared is the first hurdle to overcoming these types of disasters, several threats lurk around the corner…
Spendthrift Trust for Your Heirs Many tools can be used when putting together your estate plan. One such tool is trust. A trust is a fiduciary arrangement, established by a grantor or trust maker, which gives a third party (known as a trustee) the authority to manage assets on behalf of one or more persons…