Category: Estate Planning

Pros and Cons of California’s Prop 19

Updated September 30, 2021 California Proposition 19 passed by a slight majority on Election Day 2020, forever changing the landscape of the Golden State’s housing...

How to Get a Letter of Testamentary

Updated October 1, 2021 A letter of testamentary names its possessor and bearer as the executor of an estate. The executor of an estate has...

6 Reasons to Invest in a Home Appraisal

Updated September 30, 2021 A home appraisal involves a home appraiser going to a residence and assessing its value. There will be a number of...

What is Tenancy by the Entirety?

Updated October 7, 2021 Different states have different rules regarding asset ownership when it comes to a married couple. In some states, assets like a...

How to Qualify for Trader Tax Status

Updated October 5, 2021 If you buy and sell securities as a primary source of income, you might be hoping to qualify for trader tax...

What Is a Nest Egg?

A nest egg is a sum of money set aside for the future. For most Americans, that means retirement. Since retired individuals will no longer...

What is a Family Limited Partnership?

Updated September 29, 2021 A family limited partnership (FLP) is a legal vehicle where family members can pool and invest their resources to run and...

What to Do With an Inheritance

Updated October 13, 2021 An inheritance is a bittersweet gift. Though it can provide a much-appreciated financial windfall, it comes at the price of a...