California recognizes two types of conservatorships: general and limited. Judges can grant both as a way to manage the affairs of individuals unable to care for themselves. However, judges don't grant conservatorships easily. They must first consider whether it's...
Helping You Through Times of Change
Year: 2024
How can probate impact small business owners?
Small business owners are no strangers to hard work and dedication. You’ve poured your heart and soul into building your business, and it’s likely your most valuable asset. What happens to your business if you were to pass away or become incapacitated? The answer may...
Can I contest the conservatorship of a loved one?
As they age, the older adults in our community may require additional support and care to ensure their well-being. This is why conservatorship exists. It is a legal arrangement that grants a responsible individual the authority to make decisions on behalf of the...
The differences between revocable and irrevocable trusts
When it comes to estate planning, trusts play a vital role in managing and distributing assets. Two common types of trusts are revocable and irrevocable trusts. Understanding the key differences between these can help you make informed decisions about your estate....
Who can be a conservator for an elderly loved one?
Seeing loved ones struggle with daily tasks and finances as they age can be heart-wrenching. When they need assistance managing their affairs, appointing a conservator can offer the necessary guidance and protection. The court often prefer family members or close...
Challenges in intestate: community and separate property
When a person dies intestate, it means they passed away without a will or an estate plan. The court then divides their property based on California intestacy laws. However, the process can bring up various complicated issues, such as distinguishing separate property...
What are the benefits of estate planning?
Estate planning is a crucial legal element of financial management that many people overlook. While it might seem like a complex topic reserved for the wealthy, the truth is that everyone can benefit from having a detailed estate plan. Whether you're just starting...
What can be alternatives to conservatorships?
Establishing a conservatorship can be beneficial, protecting vulnerable adults who cannot make decisions or care for themselves properly. This setup can allow family members or other appointed parties to step in and support those in need. Still, it can be highly...
What is the difference between probate and nonprobate assets?
When a loved one passes away, dealing with the assets they left behind can be a confusing task. One of the most crucial aspects of estate planning is understanding the difference between probate and nonprobate assets. If you were the assigned executor of their estate...
Are a trustee and a trustor the same?
When planning for your future and the financial security of your family, you might consider setting up a trust. However, trusts can seem complex if you are unfamiliar with them. You may have heard of a trustor and a trustee and wonder if both roles are essentially the...