Shoup Legal, A Professional Law Corporation can be reached at (951) 445-4114.
Taking care of a child with special needs can come with challenges, including financial ones. However, you want to set your child up for success in every way, which means allowing them to take care of their medical situation with the best financial means possible. The question is, how can you save large amounts of […]
Probate is the process of distributing assets after a person’s death. It is a legal process that can be lengthy at times and comes with legal fees. If someone does not have a will, then the assets go to probate court to determine who legally should inherit them. Unfortunately, sometimes family members argue over specific […]
Estate planning and retirement planning are essential for ensuring financial stability for you and your loved ones late in life. While both are equally important, they are quite different from one another. Retirement planning is setting up funds and goals to achieve a steady income after retiring from the workforce. There could be 30 years […]
Grantor trusts are a widely used strategy in estate planning. This strategy includes transferring your assets to a trust so that all of your assets and finances do not go into limbo upon your passing. Right now, you can save in estate taxes by transferring assets to a trust. You remain the owner of the […]
Have you heard legal experts recommend that you should avoid probate whenever possible? Unfortunately, the probate process has earned a bad reputation in the estate planning industry because of the time and cost it causes for the family. The good news is that advanced planning can help you minimize the risk of your estate going […]
Small businesses are the backbone of the American economy, responsible for more than 44 percent of the country’s economic activity and two-thirds of all new jobs. Starting and growing a small business requires fortitude, flexibility, and good ideas about what your customers want and how to deliver it. Building a viable business requires a solid […]
There are potentially more new tax laws likely to affect Californians this year than Proposition 19, which we’ve covered extensively here in this blog and through a series of webinars. (Prop 19 went into effect on February 16, dramatically changing property tax rules in California around intrafamily transfers of real estate, what can be exempted […]
When it comes to estate planning, knowing what to do (and what not to do) is critical to your peace of mind and your family’s. The time of a loved one’s passing is a difficult and stressful for everyone. But a proper estate plan can help your family avoid time in court, maintain control of […]
As families gather for the holidays, it is traditional to offer gifts and celebrate the season together. If you are trying to think of the perfect gift for your family this year, you might consider making an estate plan or taking other generous steps. When you make a simple estate plan you ensure your family’s […]
When you make your estate plan, you want to assume that the heirs and beneficiaries of your will or trust will accept the terms. After all, those are your final wishes for distribution of your assets, and they should be respected. However, not all heirs are interested in your wishes, and instead focus on whether […]
