Peter W. Johnson, Jr., PFP
Financial Planning, Estates & Trusts
Los Altos, CA
Enforceability Of Alternative Dispute Resolution Clause In Trusts
By: Victoria Tran Sood, elder care and inheritance attorney An alternative dispute resolution clause in a revocable living trust requiring beneficiaries and trustee to resolve disputes over the trust without court litigation (through collaboration, mediation, or arbitration) is generally not enforceable against trust beneficiaries in California. However, like most general rules, there are exceptions. Beneficiaries …
The Division of Retirement Plans in a Divorce
by Sally Cooperrider, Attorney and Mediator There are a lot of financial and other decisions to be made when a couple is separating. One issue is how to divide the pensions, 401(k)s, IRAs, and other retirement assets. If the couple works together in a Collaborative case or other negotiated divorce, they can find creative ways …
A Cautionary Tale
By Maureen O’Connell, Attorney at Law Do you plan to become disabled in your lifetime? The statistics tell us that one third of all individuals in the United States will have a temporary or permanent disability before they die. If you look at the over-eighty-five population fifty percent or more of these individuals will suffer …
How to Talk to Children about Divorce
By Sharon Clark, Ph.d. PsychologistCollaborative Coach and Child Specialist The steps parents take in the beginning of their separation can have a huge impact on how children adjust to the divorce. Taking time to think and plan for how and when to talk to the children about the separation will set the stage for them …