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Recent Blog Posts

how to pass on your home to your children in California

Strategies For Ensuring Your Home Is Passed on to Your Children

By Garmo & Garmo, LLP |

As a parent, you want to make sure that your home is passed on to your children after you are gone. Aside from its monetary value, your home also has a lot of sentimental value, so it’s understandable that you would want to make sure your children can inherit it without having to deal… Read More »

updating my estate plan

How to Update Your Estate Plan

By Garmo & Garmo, LLP |

Updating or Revising an Estate Plan If your estate plan is three or more years old, or if an heir has died, you need to have it reviewed. Your estate planning attorney should also review the plan when specific events occur in your life. These events include if you moved to another state, or… Read More »

rising cost of long term medial care

The Rising Costs of Long-Term Medical Care

By Garmo & Garmo, LLP |

Have you ever wondered what would happen to you if you were to suffer a debilitating injury or a medical condition that might require long term care? As unpleasant as it might be to think about, it is a possibility you should plan for. By 2030, approximately 24 million people in the US could… Read More »

joint tenancy in estate planning

Joint Tenancy Problems in Estate Planning

By Garmo & Garmo, LLP |

Joint tenancy is seen by many as one of the easiest ways to pass on their assets to their loved ones without having to go through probate. While it is true that a joint tenancy arrangement can help you bypass the probate process, it is not an effective tool for estate planning – due… Read More »

estate planning for millennials

Estate Planning for Millennials

By David Matine |

One of the biggest misconceptions associated with estate planning is that it is only meant for aging adults. And this is borne out in the data that shows only one in five millennials in the US have an estate plan in place. Contrary to what many young people think, estate planning is not meant… Read More »

will contests

Can You Prevent Someone from Contesting Your Will or Trust?

By Garmo & Garmo, LLP |

One of the most commonly asked questions about estate planning in California is whether it is possible to prevent someone from contesting the validity of a will or trust. The short answer is: yes, it is possible – to a certain extent. The No-Contest Clause in Estate Planning Under California law, you have the… Read More »

revocable trust

What is a Revocable Trust and Do I Need One?

By Garmo & Garmo, LLP |

One of the key responsibilities of life is to ensure that your wealth and assets are securely passed on to your loved ones after you’re no longer there. A revocable trust – sometimes also referred to as a revocable living trust – is an estate planning tool using which you can make sure your… Read More »

estate planning for single parents

Estate Planning Essentials for Single Parents

By Garmo & Garmo, LLP |

The importance of estate planning for single parents cannot be overstated at all. As unpleasant as it might be, you need to think about what would happen to your children, who would handle your finances, and who would make decisions on your behalf in the event of your incapacitation or death and plan for… Read More »

estate plans and divorce

Estate Plans and Divorce

By Garmo & Garmo |

Going through a divorce can be an extremely painful and emotionally exhausting experience. Still, it is important to pull yourself together and do what is necessary, so that you can look forward to a better, brighter future. One of the important steps you need to take after getting a divorce is to revise and… Read More »

planning for incapacitation

Why Planning for Incapacity Is Essential

By Garmo & Garmo, LLP |

Have you ever thought about what would happen if you were to become incapacitated due to an injury or illness? Do you have someone who can make financial and healthcare decisions on your behalf in such a scenario? If you answered ‘no’ to these questions, you are not alone. Data shows that approximately 60%… Read More »

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