Trusts might seem like a complicated estate planning tool for some California residents. Even though they sound complicated, living trusts can make the estate planning process go more smoothly. How does a living trust work? Anything placed into a living trust is...
Knowledgeable Advocacy For All Aspects Of Estate Administration, Trusts And Conservatorship Matters
Year: 2022
Should you choose a revocable or irrevocable trust?
When creating your estate plan as a California resident, you might want to include a trust. You should know the differences between revocable and irrevocable trusts so you can choose the one that’s appropriate for you. What is a revocable trust? A revocable trust, or...
Settling a Revocable Living Trust After Trustmaker Dies
For estate planning in California, trusts are a powerful tool for managing asset transfers, avoiding probate, and reducing taxes. However, they can be a little tricky to manage for those who are not fully prepared. Revocable Trusts A revocable trust can be set up to...
Can you remove the executor you named in your will?
Creating your will in California takes a lot of thought, which could make it time-consuming. One of the most important details is choosing an executor who will oversee your estate once you’re gone. Although it doesn’t happen often, you might want to remove them. Why...
How to set up a special needs trust
The love and support you show for a disabled loved one in California doesn't have to end when you pass. You can set up a special needs trust in order to provide for them even after you are gone. There are a certain number of rules and regulations that will have to be...
A balanced approach to estate planning
Estate planning has many different components for families in California, and the larger the estate is, the more complex the plan needs to be. There are multiple considerations, such as tax savings, asset preservation, seamless transitions, and managing outstanding...
How to cut down on probate costs
Dying without a valid last will and testament will leave your estate open to probate. This is a long and potentially costly process that the state of California would prefer you avoid. There is no reason why you can't publish a will that lays out how you want your...
Understanding the importance of a living will in California
When estate planning, many people overlook the role of a living will. A living will is an important document that can help ensure your wishes are carried out if you become incapacitated. What is a living will? A living will is an estate planning document that outlines...
Why would you contest a will in California?
If you have been left out of a will or you feel that the will is not fair, you may be wondering what your next steps are. Contesting a will can be a complicated process, but it may be worth it if you believe that the will was unfairly made. What are some of the...
3 critical estate planning documents to consider in California
If you have money, property and other assets, then estate planning is something that you should take very seriously. No one knows when their time will come, and it's important to have a plan in place for your loved ones in case something happens to you. To ensure that...