Knowledgeable Advocacy For All Aspects Of Estate Administration, Trusts And Conservatorship Matters
The longstanding adage goes, “With great power comes great responsibility.” In the context of estate planning, bestowing power on someone who will decide on your behalf in the event of incapacitation or death entails a pivotal commitment to delivering formalized...
A will generally lets you decide who benefits from your assets after you pass away. This way, it helps reduce conflicts over matters like succession, inheritance and even taxes. But what if you pass on suddenly before you can write a will? This is where intestate...
In the event of your incapacitation or death, you would prefer to have your affairs in order. A comprehensive estate planning process ensures that your wishes regarding seamless management and distribution of your wealth among your rightful survivors are honored. It...
Probate is a long and expensive process of transferring a person’s property and assets upon death. The probate process would be the default in California unless the deceased took other estate planning measures, such as creating a living trust or establishing joint...
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...
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,...
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...
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...