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The information and materials on this Web site are provided for general informational purposes only, and are not intended to be legal advice. We attempt to provide quality information, but the law changes frequently, and varies from jurisdiction to jurisdiction. The information and materials provided are general in nature, and may not apply to a specific factual or legal circumstance. An attorney and client relationship should not be implied. Nothing on this Web site is intended to substitute for the advice of an attorney; therefore, if you require legal advice, please consult with a competent attorney licensed to practice in your jurisdiction.
Why Planning for Incapacity Is Essential
/by Garmo & Garmo, LLPHave 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% of […]
Do I Need a Trust Amendment or Restatement to Make Changes to My Trust?
/by Garmo & GarmoA living trust is an excellent estate planning tool which ensures your assets are managed, divided, and distributed as per your wishes after your death. It also allows your designated beneficiaries to inherit or receive a share of what is rightfully theirs without having to deal with the probate court. One of the biggest advantages […]
Myths and Facts About Advance Healthcare Directives
/by Garmo & Garmo, LLPHaving an advance healthcare directive in place is the best way to make sure you are treated exactly the way you want to be treated in the event of a critical, incapacitating injury or illness. While a lot of people know what an advance healthcare directive is, data shows that nearly 2/3rd of the adults […]
Estate Planning for Digital Assets
/by Garmo & Garamo, LLPHave you ever thought about what would happen to your digital assets in the event of your death? If you haven’t, you are not alone. When it comes to estate planning, a vast majority of people tend to focus only on their tangible assets and investments. In fact, many people do not even realize that […]
5 Reasons to Create a Dynasty Trust in California
/by Garmo & Garmo, LLPIf you have amassed a substantial amount of wealth and want to make sure your future generations – not just your immediate family – benefit from it, setting up a dynasty trust might be a good option for you. What exactly is a dynasty trust? Why do you need one? These are vital questions to […]
What to Do with The House When Entering a Nursing Home in California
/by Garmo & Garmo, LLPEveryone wants to stay healthy for as long as they live. Unfortunately, many people might need long-term care as they get older – due to a serious disease or an unexpected injury. Data shows that over 13 million people in California rely on Medi-Cal – which is the largest and most comprehensive long-term care program […]
Estate Planning for Baby Boomers
/by Garmo & Garmo, LLPIf you are a Baby Boomer – born any time between 1946 and 1965 – you might have retired or might be approaching retirement. It is the right time for you to create an estate plan so that you can leave your possessions and hard-earned wealth to your loved ones and make sure your healthcare […]
How Does the SECURE Act Affect Your Estate Plan?
/by Garmo & Garmo, LLPThe SECURE Act went into effect in the beginning of 2020. The goal of this act was to address the ever-growing retirement savings crisis. However, numerous provisions of the SECURE Act also have a direct impact on families’ estate plans and retirement goals. If you have an estate plan—and in particular, if you have a […]
Who Is Liable for a Self-Driving Vehicle Accident?
/by Garmo & Garmo, LLPSeveral technology companies, in collaboration with motor vehicle manufacturers, are at various phases of development and testing of self-driving vehicles. The core idea is that since human error causes most auto accidents, self-driving cars could potentially save lives. Removing human error from the roadways is certainly an understandable endeavor. However, when self-driving vehicles are involved […]
Safety Concerns About All-Terrain Vehicles
/by Garmo & Garmo, LLPAn ATV (All-Terrain Vehicle) refers to a motorized off-road vehicle meant to travel on four low-pressure tires, with a seat meant to be straddled by the rider and handlebars to control the steering of the vehicle. Type 1 ATVs are to be used by a single operator with no passengers, while Type 2 ATVs are […]