Like many people in California, you may look to the estate planning process with a certain degree of trepidation. Not only does the process force you to face the prospect of your own mortality, but you also risk upsetting some of your presumptive heirs with your...
During the estate planning process, you will likely create a will that lays out important information about how to handle your property after you pass. You may want to consider another option for transferring your estate after your death. A trust is a fiduciary...
Becoming a conservator of the person in California puts you in an essential caregiving role. The goal of the position is to make sure the conservatee's quality of life is the best possible under the circumstances. All the choices you make regarding the conservatee's...
Your estate plan is a vital piece of your end-of-life planning. But you should have your estate plan in place long, long before you actually need it. Not only that, but you should update it regularly so you can ensure it reflects your life in its most current state. ...
If you want to create a trust for your family, there will be important duties your trustee should carry out. In general, a trustee must honor the wishes of the person who created the trust and carry out duties owed to beneficiaries. Depending on the trust you create,...
Choosing an executor for your will is not easy. As you try to find someone, there are a few qualities that you need to consider. Here are three things to consider, according to RBC Wealth Management, when choosing an executor. Think about objectivity Your executor...
Serving as the executor or personal representative of a loved one's estate in California can be a daunting task (especially if you are not familiar with the state's probate code and/or administrative guidelines). Often people ask a legal professional to fill that...
While tending to your estate, you learn about probate. From what you understand, you want your assets to avoid probate so your loved ones receive their inheritance as quickly as possible. See what AARP says about making assets easily distributable. Ensure you do...
In California, a personal representative is either an executor named in a will or an administrator assigned by the court if there was no will or there was an invalid will. A person is not an official personal representative until approved and appointed by probate...
No matter how much you enjoy running your business now, you never know when a time may come where that may change. Whether through a shift in interest or a turn in health, you may one day find yourself needing to pass on your business. Thus, you should have an idea of...
