A successful business owner with a large estate passed away in 1976. He had grown up in Texas, moved to California and...
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What legal documents do I need to manage my care and responsibilities if I am ever unable to do so myself? All adults should have certain legal documents prepared to protect themselves and their family. These documents will make sure your wishes regarding your estate are legally recognized and clearly understood. They will also minimize any conflicts and confusion among family members and health care providers in the event of serious illness or death. Here are the key documents you need along with some tips to help you create them. Will or Trust: A will lets you lay out your wishes of how you would like your property and assets distributed after you pass away, whether it is to family,...
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During the summer season, the Internal Revenue Service (IRS) reminds consumers to protect themselves from potential identity thieves. There has been a dramatic increase in online shopping and emails or texts from friends and family. Be aware of common scams. The IRS states, "We urge people to be extra careful with their personal and financial information during this period while shopping online or getting suspicious emails or texts. Taking a few simple steps can keep people from becoming victims of identity theft and protect their sensitive personal information needed for tax returns and refunds." The IRS cautions that identity thieves continue to update and enhance their...
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