by Michelle Nguyen In recent years, California introduced a new estate planning tool that gives homeowners another way to pass on residential property upon their death without going through probate. When used correctly, a Revocable Transfer on Death Deed can simplify the estate planning process, reduce administrative costs, and make the transfer more straightforward for...
When helping clients decide on a charitable planning vehicle, their level of philanthropic interest is key to determining the best option. For those with a strong desire to give back, charitable remainder trusts (CRTs) and charitable lead trusts (CLTs) are two attractive choices. Charitable Remainder Trust (CRT) A charitable remainder trust allows a donor to...
A durable power of attorney is a legal tool that allows you to appoint someone (known as your agent or attorney-in-fact) to act on your behalf and make decisions about your financial affairs and property in the event that you become incapacitated. What powers does it grant? The powers you grant to your agent through...
Thinking about the possibility of not being there to raise your child is a difficult and emotional challenge for any parent. It forces you to confront one of the most unimaginable decisions: choosing someone else to step in and take on the responsibility of raising your child. As overwhelming as this may feel, making a...
Author – Kristen Terranova The housing market in California is notoriously tough, and shows little sign of becoming more affordable any time soon. Increasingly, families are combining resources to purchase or upgrade homes. At Deka Law Group, we regularly advise clients looking to help their children get a first foothold in the housing market, or...
Serving Southern California, including Pasadena, La Canada, Glendale, Burbank, Calabasas, Westlake Village, Thousand Oaks, Simi Valley, Camarillo and beyond.
