News & Articles

  • The difference between a will vs living trust in California explained by Smith Marion CPA

    Will vs. Trust: What’s the Difference and Which Do You Actually Need?

    Quick Answer A will takes effect after death and requires court supervision through probate to distribute assets. A trust holds and manages assets during your

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  • Woman discusses executor options with a client during a private office consultation

    Who Can I Name as Executor When I Have No Family or Friends I Trust?

    Selecting an executor can be very overwhelming when you don’t have many suitable choices. An executor is an important role and a big responsibility for

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  • Senior couple reviews tablet while discussing Transitioning Your Elderly Parents’ Finances together.

    Everything You Need To Know About Transitioning Your Elderly Parents’ Finances

    One day, there will come a time when your aging loved one or parent can no longer take care of things they once did. This

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  • Seniors enjoying retirement after their kids used a durable power of attorney for asset management.

    Durable Power of Attorney for Asset Management & Seniors

    There are legal tools that can help get professional help while enabling them to maintain their independence and dignity, such as a durable power of

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  • An elderly person and their child holding hands and working together after their child learned the answer to, How do you talk to an aging parent about finances.

    How Do You Talk to an Aging Parent About Finances, Pt. I?

    Your parents can be a source of endless wisdom, but a time eventually comes for a difficult conversation about money management. As we age, we need

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  • Someone having a conversation with someone about taking over erderly parents finances.

    How to Prepare for Taking Over Elderly Parents Finances

    Do you think you will have to step in and help your parents manage their finances but don’t know how to prepare for that transition?

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  • A couple enjoying retirement stress-free after their child learned the signs to step in by answering. How do you know if your parents are struggling with money?

    How Do You Know if Your Parents Are Struggling with Money, Pt. I?

    Many parents need help with their finances as they age, but they rarely reach out and ask for help. Still, you should stay vigilant and

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  • Daughter and elder mother talking about how to get power of attorney for a parent inddors at home.

    How to Get a Financial Power of Attorney for a Parent

    It is never easy to relinquish autonomy. However, as we age, this is inevitable. While your parent may resist the notion of a power of attorney

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  • A fiduciary financial advisor at a table with papers and calculator managing the finances of a client whois learning about the difference between a conservatorship vs. a power of attorney.

    Conservatorship vs. Power of Attorney: Understanding Both & The Difference

    The main difference with Conservatorship vs. Power of Attorney (POA) is who grants the authority and when it’s established. A power of attorney is granted

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  • tax filing for seniors

    Tax Filing for Seniors: 4 Reasons You Need Professional Services

    Doing your own taxes may seem like a good idea, but if done incorrectly, you could run into trouble. Misinformation may lengthen the time it

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