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 | 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...
by Kim Bingham | May 29, 2016 | Estate Planning, Events, Legal Process, Probate
Bingham Law has always believed that Everyone Needs a Plan, it is our motto after all. It means that we believe Estate Planning is for everyone not just the wealthy or senior citizens. We are especially concerned about parents with young children. We are able to help...
by Kim Bingham | Apr 25, 2016 | Community Property, Estate Planning, Legal Process, Probate, Separate Property, Trusts
We wonder what to get Mom on Mother’s Day and end up getting flowers. Mothers, because they love us, like the flowers and say “Thank you, Honey. They’re so pretty.” If you want to actually do something meaningful for your Mother this year, we have a suggestion. Check...
