In the past, it used to be a much rarer occurrence to come across a blended family. These days, with the rate of remarriage after the loss or divorce of a spouse, blended families are more prevalent than ever before. Of course, though this has many benefits and things...
A conservatorship allows a responsible person to make decisions for another adult in such areas as personal finances. The situation typically involves some sort of cognitive disability on the part of the person who holds the estate. The role of a conservator calls for...
Many decisions come with creating an estate plan. Will or trust? Who are your beneficiaries? How will you divide your assets? And, among the most important, who will serve as the executor? The executor of a will has endless duties in settling an estate, which may take...
When someone dies in California, there is a good chance that part, if not all, of the decedent's estate, will go through probate. This is the process in which there is a management and closing of the decedent's estate. The individual with the biggest responsibilities...
Perhaps the need to fulfill your role as a personal representative came up sooner than you expected. You may feel overwhelmed by the tasks involved with the final administration of an estate. Here are four tips that should help you succeed in your duties. 1. Follow...
Estate planning ensures your family receives the proper care after you are gone. However, it can also provide a safety net for you should you experience a major illness or injury. According to the Mayo Clinic, living wills provide legally binding instructions to...
After creating your estate plan, you should feel a sense of accomplishment. After all, you have completed a big chunk of potentially complicated legal work that likely took you a lot of time, effort and energy to do. But did you know that your estate planning does not...
Despite having good health throughout your life, a catastrophic injury or serious illness may render you incapable of making your own medical decisions. You do not have to leave your treatment to chance, though. As part of your comprehensive estate plan, you can...
Having a basic California estate plan in place may help you accomplish a number of important goals. For example, it may help you avoid leaving certain areas of your life and legacy in the hands of others. It may, too, help your beneficiaries access what you leave them...
One of the most important documents to include in your estate plan is your power of attorney. If something happens where you end up incapacitated, a power of attorney dictates who you want to make decisions for you. According to CNBC, you should have two different...
