by Kim Bingham | Nov 24, 2019 | Estate Planning, Trusts
Many people ask me how often a family trust or estate plan should be reviewed. Some attorneys insist that their clients come in for an annual review, at standard hourly rates of course. I recommend that an Estate Plan be reviewed at least every 5 years. Much longer...
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...
