Steve Hornstein

Blog

Should You Write Your Own Revocable Living Trust?

People have attempted to write their own documents, and we can honestly say every attorney we speak with agrees that writing your own Living Trust is a bad idea.   Here are four reasons why writing your own Revocable Living Trust is a BAD IDEA: Estate Planning is Not a One-Size-Fits-All or Even Most There […]

Read More...

 

Funding Your Trust

In order for a Revocable Trust to work correctly it must be funded, that is, your assets must be put in the name of your trust.   The Trust can only govern what it owns.   By funding your Trust, the Trust governs those assets. We tell our clients the importance of funding their Trust all the […]

Read More...

 

Where is Prince’s Estate Now?

It’s been a little over a year since Prince passed away. We discussed in a previous blog some of the issues that would arise. Since he died in Michigan that’s where his estate would be probated. We provided a comparison of probate in that state versus the state we live in, California. Now that a […]

Read More...

 

Bequeathing a Home Could Cause Trouble

Q.  I have two children, both are grown with children of their own.  Neither of them owns a home.  I would like to keep my house in the family for everyone to use.  Its not a large home so having two families live here would be rather difficult. But they could share it.  I have […]

Read More...

 

Cleaning Up Your Estate Plan

We write our estate plans to stand the test of time. We include clauses that cover digital life, pets and even heirs and beneficiaries that haven’t been born yet. If you never looked at your estate plan again, you would still be protected. But it never hurts to look at it again and update it. […]

Read More...