On Saturday, October 19th Ron and April attended the Stanford vs. UCLA football game in Palo Alto.
Does your estate plan ensure your assets go to your intended beneficiaries and help them avoid the probate process? Consider the points below:
1. If you die before establishing a proper trust, your beneficiaries may spend thousands of dollars and years in probate court to receive your assets.
2. If you do not properly designate a beneficiary, the State of California will determine who inherits your assets.
3. If you have not designated a guardian for your minor children, after your death a Superior Court judge will assign a guardian without your input.
Today, September 25, 2013, California Governor Jerry Brown signed AB 10 raising the California's minimum wage in two one-dollar increments, from $8 per hour today to $9 per hour, effective July 1, 2014 and from $9 per hour to $10 per hour, effective January 1, 2016. To read more click here.
California Governor Brown has announced he will sign AB 10 tomorrow which will increase the CA state minimum wage effectiveJuly 1, 2014. See Brown’s statement here. Many employers are engaged in budgeting for 2014 and beyond and should factor into their budget planning this increase in the State's minimum wage.