On behalf of Law Offices of Linda J. MacKay | Sep 17, 2020 | Estate Planning
For most parents, one of their biggest goals and achievements will be helping their children achieve independence by the time they are legally adults. Some young adults are ready to move out and start jobs when they turn 18, while others may need financial and social...
On behalf of Law Offices of Linda J. MacKay | Sep 14, 2020 | Estate Planning
Over the coming decades, adults age 65 or older are expected to account for a quarter of the U.S. population. Millions of them will likely suffer from Alzheimer’s disease and related dementia. Many already are fighting this battle. This reality will force many younger...
On behalf of Law Offices of Linda J. MacKay | Sep 4, 2020 | Estate Planning
Many people put off their estate planning when they’re single, either because they don’t have many assets or because they don’t know who they would leave them to. Some continue to neglect it after they get married, even as they gain more assets, just assuming...
On behalf of Law Offices of Linda J. MacKay | Aug 19, 2020 | Estate Planning
When you’re handling estate planning tasks, you might realize that your loved ones are going to be hit with a costly estate tax. Unfortunately, this is something that you’ll have to address very carefully since there are only certain ways to do this lawfully. One of...
On behalf of Law Offices of Linda J. MacKay | Aug 6, 2020 | Estate Planning
Legal terms can be confusing. Under California law, there is something known as a guardianship and something else known as conservatorship. While people often interchange the two words, technically, “guardianship” refers to children and...
On behalf of Law Offices of Linda J. MacKay | Jul 29, 2020 | Estate Planning
Creating an estate plan at any time in your life is sure to bring a few challenges to the forefront. However, once you deal with these head on, you’ll feel better about the future. When you have young kids, the estate planning process is even more complicated. Not...
On behalf of Law Offices of Linda J. MacKay | Jul 28, 2020 | Estate Planning
When you set up your estate plan, you assumed at the time that it was going to be perfect for years to come. You had accounted for your children and guardianship concerns, set up trusts and worked out who would be your health care proxy. You took the time to work...
On behalf of Law Offices of Linda J. MacKay | Jul 9, 2020 | Estate Planning
You are surfing Steamer Lane, wipe out on a big wave and crack your head on a rock below the water. A buddy notices you have not surfaced and dives to find you, but by then, you have been under the water for minutes, your leash snagged and holding you down without...
On behalf of Law Offices of Linda J. MacKay | Jul 1, 2020 | Estate Planning
How much stuff do you have sitting in your basement? How long has it been since you even looked around your attic? What’s hiding in the cupboards, curio cabinets and closets? All of it has to go somewhere when you die — and your children may not really want it....
On behalf of Law Offices of Linda J. MacKay | Jun 15, 2020 | Estate Planning
You want to start your estate plan, but you know that it might be complex. You’ve lived in the United States for several years, but you also have a home overseas. You need your estate plan to take care of taxation here and there, to make sure your assets are...
