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Cryptocurrency is not Currency – How do we Estate-Plan for it and avoid “Finders-Keepers”?

Posted by Maria N. Jonsson | Dec 07, 2022 | 0 Comments

Cryptocurrency, unlike its name suggests, is a Digital Asset – as such, the law treats it as Property, and not Currency. Crypto and NFTs are known as “bearer assets” – just like with “bearer bonds” – whoever has possession of the “asset” is the beneficial owner of it, which makes it challenging to be sure that an intended beneficiary will actually get the asset. How to avoid "Finders Keepers" when we estate-plan for Crypto and NFTs?

Do All Trusts Protect Property from Creditors?

Posted by Maria N. Jonsson | Jul 25, 2022 | 0 Comments

While certain types of trusts can protect assets from creditors, they don't all have this feature. This is why it's important to consider your estate planning options beyond a revocable living trust if you wish to safeguard assets for your loved ones. Revocable vs. Irrevocable Trusts There are ma...

7 Important Duties of a Trustee in California

Posted by Maria N. Jonsson | Jun 21, 2022 | 0 Comments

If you are creating a living trust, the person you select as your trustee matters a great deal. Trustees in California are tasked with many responsibilities and legal duties pertaining to the management and distribution of trust property. The decisions made by your trustee can affect you during y...

How to Find the Right Estate Planning Lawyer for You

Posted by Maria N. Jonsson | Feb 04, 2022 | 0 Comments

If you need an estate planning lawyer, you must find the right one for you. If you're wondering what that means, think about how personal your estate plan is to you. It protects you just as much as your loved ones, so finding the right estate planning attorney that can address your specific needs...

When Should I Start Estate Planning?

Posted by Maria N. Jonsson | Jan 14, 2022 | 0 Comments

Estate planning is one of the most important things that not enough people do. A survey conducted by Caring.com in 2017 found that nearly 60% of American adults said that they don't have a will or a trust. While these numbers may have elevated slightly due to the COVID-19 pandemic – which exposed...

The Benefits of Working with an Estate Planning Lawyer

Posted by Maria N. Jonsson | Dec 20, 2021 | 0 Comments

Most people would agree that estate planning is something they believe is important, but even some of those with that opinion don't have their own affairs in order. Despite all of the benefits estate planning can provide – chief among them: peace of mind! – not everyone who knows and understands ...

Why It's Important to Update Your Estate Plan

Posted by Maria N. Jonsson | Nov 08, 2021 | 0 Comments

If you're like most people, you might have put your estate plan together and thought you wouldn't have to look at it again. If it shocks you to hear that you are wrong, we're glad – only because updating your estate plan is one of the most important things you can do to ensure your family remains...

Why Engaged Couples Should Have an Estate Plan

Posted by Maria N. Jonsson | Jul 30, 2021 | 0 Comments

Wedding season is here! While it's important to check off items such as a venue, the guest list, and the photographer, another item couples should check off is setting up an estate plan. Even though many believe an estate plan is only needed after you get married or if you are older, that's no...

Must-Haves for an Estate Plan

Posted by Maria N. Jonsson | Apr 29, 2021 | 0 Comments

Creating an estate plan doesn't need to be complicated. When considering what needs to be in your estate plan, you'll want to make sure you have important documents that explicitly state your wishes. Having an experienced lawyer can make this process much easier. If you are ready to make an estat...

COVID Estate Plans

Posted by Maria N. Jonsson | Apr 29, 2020 | 0 Comments

The Age of COVID Estate Plans – Cheap Trusts are in fact Very Expensive Estate planning services are highly sought after in this “Age of COVID.” Unfortunately, the higher cost of a custom-drafted, sophisticated and thorough estate plan containing all the essential legal documents, as well as guid...

Your Estate Plan: Have you waited long enough?

Posted by Maria N. Jonsson | Jul 11, 2019 | 0 Comments

If you have been postponing the setting up of an estate plan for 30 years – have you waited long enough? Going forward - time is not your friend: for folks in their 60s or 70s, waiting any longer to set up Powers of Attorney, Wills and a Trust, and transferring their assets in Trust, could involv...

What Do Grads and Brides Have to Do With It?

Posted by Maria N. Jonsson | Jun 20, 2019 | 0 Comments

Every life transition changes the person that we are. Graduating from High School or College, getting Married, starting a Business, or a Family – those are big life events that define new legal paradigms, and entail more responsibilities towards those who are close to us and/or depend on us. Gett...

Don't Get on a Plane Without It

Posted by Maria N. Jonsson | Jun 17, 2019 | 0 Comments

Summer is time for the long-awaited and much deserved time away from the office and the daily grind. Every year millions of Americans pack their suitcases and board a plane, a cruise ship, or set out on a road trip. Every year many vacations are ruined when the unthinkable happens: an accident, a...

Estate Planning is Prosperity Planning

Posted by Maria N. Jonsson | Apr 08, 2019 | 0 Comments

When people think of Estate Planning they usually think about setting up a living trust and powers of attorney. A lot of budget outfits out there would deliver just that. The real value of working with an Estate Planning attorney is to take a holistic approach to Estate Planning and not only have...

How will you protect your assets After tax season

Posted by Maria N. Jonsson | Mar 18, 2019 | 0 Comments

Admittedly, this time of year (i.e., March-April), no one wants to think about anything other than Tax Season. The 1099s are in, the expenses are accounted for, and the checks to IRS/FTB hare sent out. So now what? What lessons can we learn and how can we be better protected for next year? One su...

Estate Planning IS Recession Planning

Posted by Maria N. Jonsson | Mar 11, 2019 | 0 Comments

The “Recession” buzz is all around us. One of the worst things that can happen during a recession is to lose a loved one and to actually inherit from their estate through probate. The lessons of 2008-2010 remind us that, during a recession time, not only property values decline, but when you add ...

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At the Law Offices of Maria N. Jonsson, PC, we focus on Estate Planning, Probate and Trust Administration and we are here to listen to you and help you navigate the legal system.

Contact Us Today

The Law Offices of Maria N. Jonsson, PC is committed to answering your questions about Estate Planning, Probate and Trust Administration issues in Marina Del Rey & Venice, CA. We'll gladly discuss your case with you at your convenience. Contact us today to schedule an appointment.

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