by Kim Bingham | Jun 6, 2017 | Estate Planning, Featured
As an Estate Planning Attorney I work with families in all types of situations. Some families are large some are small; many are blended families of the “yours, mine and ours” variety. Some families have members with disabilities or dependency issues. Some are well...
by Kim Bingham | Sep 25, 2016 | Estate Planning, Featured, Probate, Trusts
1. Check your beneficiary designations on your financial accounts i.e. IRA’s, 401(k)’s, bank accounts, mutual funds and brokerage accounts. Make sure you don’t name your estate! Name a person or if you have one a revocable living trust. 2. Make sure...
by Kim Bingham | Aug 6, 2016 | Estate Planning, Trusts
Here are four more common Estate Planning mistakes we see in our Roseville Estate Planning Law 1 – Not Updating Plans Everyone is busy, life can be hectic and complicated. We often must rush around putting out fires and don’t have time for things that don’t...
by Kim Bingham | Jul 4, 2016 | Estate Planning, Featured, Legal Process, Probate, Trusts
1 – No plan at all – A very common mistake we see in our Roseville Estate Planning Law firm is one of inaction. Many families in the Placer, El Dorado and Sacramento county area have no plans in place to handle their affairs if a problem arises. If these...
by Kim Bingham | Jun 2, 2016 | Estate Planning, Legal Process, Probate, Trusts
A Trust, also called a Living Trust, Family Trust or Revocable Trust is a contract between you as the creator of the Trust (Trustor or Settlor) and someone, a Trustee, creating a legal fiction which can own assets. In other words you made a container to hold your...
by Kim Bingham | May 29, 2016 | Estate Planning, Legal Process, Probate, Trusts
You need a Trust if: You have over $150,000 in assets and want to avoid the time and expense of probate – for a $400,000 estate probate costs are $11,000. You do not want your heirs to wait more than 6 months to settle your estate. You want your estate information...
