Over 150 years of California legislation has not made things any easier. Gone are the days when you could stroll down to your local courthouse and have the town judge take care of your matter in a day. Planning for the future and leaving a legacy go hand in hand. A carefully crafted and regularly updated estate plan addresses changes to your life and the laws governing wills, trusts and retirement accounts. The SECURE Act made major changes to how assets in retirement accounts are distributed to heirs, for instance. The addition of Roth IRA and SEP accounts created huge changes in the passing of assets to the next generation.
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