Losing a loved one is undoubtedly one of life’s most challenging experiences. Amidst the emotional turmoil, it is important to remember that practical matters also demand your attention. As experienced estate planning attorneys, we understand the intricacies of managing financial affairs during this trying time. In today’s discussion, we’ll touch on some key steps to […]
Read MoreIn this blog series, we frequently stress the importance of a properly constructed will. Having an up-to-date will drafted by an experienced estate planning attorney is an absolute must, regardless of your level of wealth. Disputes over a will occur more frequently than you might imagine. This week, we explore some of the most common […]
Read MorePreviously on this blog, we discussed the important steps to take when a loved one passes away. After taking time to grieve, gather important documents such as a will or trust and assess the deceased’s financial situation. If there are probate assets, i.e., those in the decedent’s individual name with no joint owner and no […]
Read MoreEstate planning holds particular significance for parents with children under the age of 18. While you may be focused on your children’s growth and environment today, it is crucial to establish a comprehensive plan for their future. This preparation goes beyond merely securing their financial stability; it’s also about ensuring their continued care and protection in […]
Read MoreAt Choi Law Firm, we believe in the utmost importance of having an updated and effective estate plan. Yet, one often overlooked but crucial aspect of estate planning is communicating your plan to your loved ones, especially your children. Discussing your estate plan openly and honestly with your children goes a long way towards preventing misunderstandings, confusions, […]
Read MoreWith rising divorce and remarriage rates, blended families are becoming increasingly common. These families, consisting of children from prior relationships, face unique challenges when it comes to protecting assets, ensuring a smooth transfer of wealth, and maintaining family harmony during times of loss. Here, we explore key estate planning strategies that can help blended families in New […]
Read MoreWhen a loved one passes away, the distribution of their assets as outlined in their will and testament can bring closure and peace to their family and friends. However, there are instances where individuals may have legitimate concerns about the validity of a will, leading them to contest its terms. As an established law firm […]
Read MoreEstate planning is a topic that is often misunderstood, leading to various misconceptions. In this blog post, we aim to debunk some of the most common misconceptions about estate planning and shed light on why it is essential for individuals of all financial backgrounds. We will explore the importance of regularly updating your estate plan, the […]
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