San Diego, like many other large cities is on the cutting edge of technology and has a number of sperm banks, egg banks, and cryopreservation companies for storage of reproductive material. With the advent of techniques such as invitro fertilization and cryopreservation of sperm, eggs, and embryos, children may be…
San Diego Estate Planning Lawyer Blog
San Diego County: Bicycle Safety
In San Diego, the San Diego County Bicycle Coalition has many different tips and advice to help riders. There is also a You Tube website which has information from the NHTSA on bicycle safety. At our law firm of Law Office of Scott C. Soady, A Professional Corporation, LLP we…
How do you hold title to Real Property?
When you purchase property in San Diego County, you will have to specify how you are going to hold title. Title is the evidence that you are the owner. The form of ownership is called “vesting”. The escrow company will ask you how you want to hold title so the…
Children’s Trusts for San Diego Children
If you die with a will or intestate (without a will), the probate court has no discretion to withhold money from your legal heirs if they are 18. There are many 18 year olds who are not capable of managing significant amounts of money at that age. One way to…
Be Careful What You Click!
It can happen in a second!. You click your mouse on a website and all sorts of things can happen. Because of the high tech nature of the internet, you can shop from your home computer in San Diego and purchase a product from anywhere in the U.S., China, Australia,…
Is Your Money Deposited in San Diego Banks Safe?
With everything happening in today’s economy, people have many questions about whether their money is safe in such banks as Bank of America, Washington Mutual, Union Bank, and many other banks in San Diego. The recent failures of IndyMac, Freddie Mac, and the insurance giant AIG has caused many bank…
Innovative Idea for Dividing Up Personal Property after Death
Are you the Executor or the Successor Trustee of a will or trust in San Diego? Are you faced with the dilemma of how to divide up personal effects of the deceased? How to divide personal property (furniture, collectibles, jewelry, cars) upon someone’s death can be a harder problem than…
Interesting Statistics on Estate Planning
Do San Diegans fit the national statistics on Estate Planning? Alhough there are no statistics specifically for San Diego County, a study done nationally in 2007 found that over half (55% ) of all adult Americans do not have a will or other estate plan. Of non-whites, the lack of…
Amending your Revocable Living Trust
After your revocable living trust is prepared, there often arises the need to amend your trust. It could be that you want to change your successor trustee, change beneficiaries, or that new changes in the tax laws require some new or revised provisions. Some people think they can cross out…
Even Celebrities Don’t Anticipate the Future!
There are numerous examples of famous people who have died without a will or who had an outdated will or a poorly drafted trust. Some of these examples have resulted in disastrous consequences after an untimely death. Anna Nicole Smith died leaving everything to her son who predeceased her and…