Knowledgeable Advocacy For All Aspects Of Estate Administration, Trusts And Conservatorship Matters
Establishing a trust is one of the ways you can approach estate planning. The owner of the trust is the grantor, and they appoint a trustee. A trustee can be a family member or close friend but consider hiring a professional or an organization with no personal stake...
Estate planning could involve many steps, such as drawing up power of attorney documents and writing a will. There are other matters that California residents may consider, including designing a trust. The planner could choose a revocable or irrevocable trust. Knowing...
In the state of California and most other jurisdictions, one of the most important individuals in the probate process is the estate executor. If you are likely to be the executor of a deceased person’s estate in the future, it’s essential to understand what duties...
California business owners are familiar with an LLC is and how it can help their business. A limited liability company (LLC) is a business structure that blends aspects of partnerships and corporations. Turning your business into an LLC gives you a lot of legal and...
Aging can be a period of great difficulty and complexity for people in California and around the country. During this time, the elderly need additional support and quality moments shared with family. If you have yet to help your aging parents create an estate plan,...
Before the beneficiaries get their inheritance or creditors get paid what the decedent owed them, the probate court in California must validate the decedent's will and close out their estate. If there is no will, the court will apply California's intestacy laws to...
Irrevocable living trusts are a popular asset protection tool in California and throughout the United States. They allow individuals to transfer ownership of their assets to a trust, which is then managed by a designated trustee. This can provide numerous benefits,...
No one knows when their time will come, but everyone should take the necessary steps to protect themselves and their loved ones in case of an unexpected illness or death. That's where estate planning in California comes in. An estate plan is a critical strategy that...
Trusts are an excellent estate planning tool for Californians as they provide asset protection. Although someone generally can't bring a lawsuit against a trust, filing a claim against the trustee can occur. When creating your estate plan, you should understand the...
A major part of creating an estate plan in California is choosing beneficiaries. These are the individuals who will inherit your assets after you die. Naming beneficiaries When people create a will or name beneficiaries for a trust, insurance policy or investment...