Conservatorships for an adult allow someone else to have control over that person’s life and decision-making. Because it is such a huge responsibility and robs the person of his or her personal freedoms, the court takes it incredibly seriously when starting a...
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...
Probate is sometimes a necessary process to ensure your last wishes come to fruition. However, not every estate needs to go through it. The Judicial Branch of California explains you may bypass the probate process in several different ways. You can also ensure certain...
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...
Creating a trust allows you to pass money or property to family, friends or an organization of your choice without going through probate. However, the task of setting up your trust is not over when you sign the documents to create your trust. You have to fund your...
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...
Your idea of how to distribute your assets may not make sense to some of your family members. In fact, they may try to convince you to change your mind. Misunderstandings and confusion may increase the chances of family conflict after your death. This kind of tension...
Wills and trusts are two of the main estate planning tools used by California residents. A pour-over will acts as a kind of safety net for when a person dies without transferring all property into a trust. How does a pour-over will work and do you need one? How a...
When creating an estate plan, the textbook advice is to “keep it as fair as possible.” Typically, this refers to portioning out your estate into even chunks for your beneficiaries. Particularly if you have multiple adult children, unequal inheritances have the...
Digital assets include social media accounts, cryptocurrency, and non-fungible tokens (NFTs). According to Tech Crunch, digital assets are often overlooked during estate planning. This can leave wealth in limbo as family and legal teams struggle to gain access to what...
