Many California residents may want to keep their estate plans private so that information relating to their assets and debts does not become public. Wills go through probate, which is a public process, so people might want to consider various alternatives. Trusts...
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Making a Beneficiary Out of a Living Trust
An IRA is one type of retirement account that is available in Torrance, California. It is essential to consider the beneficiaries that you want to add to your IRA. One option for your beneficiary, however, is a living trust. In doing this, the money will be available...
Estate Planning Shouldn’t Be Difficult, Or Sad
Thinking about a time when you’re no longer around for your family is difficult. No one wants to put a lot of thought into their own death. But this can deter many people from thinking about estate planning, which is a big mistake. Why Think About Estate Planning?...
Should you talk to your children about your estate plan?
When you start planning your estate in California, you might be wondering if you should inform your adult children. On one hand, it might be a good idea to keep your children informed so they know how to handle your estate after your death. But on the other hand, you...
What to expect and know when creating a will
It is the unknown that often trips up people. But, sometimes, what we find out is that we are the ones standing in our own way of overcoming the unknown. This can be the case with estate planning and creating a will. Whether you have a modest or large estate, it is a...
What to know about a conservatorship
If an individual were to become incapacitated, another person may be appointed to manage that person's affairs. This person is typically referred to a conservator, and a California judge will help to ensure that he or she is acting in an incapacitated adult's best...
Estate planning basics
Most people are aware that they need to create an estate plan, but they may not know what the steps are. California residents shouldn't be embarrassed if they aren't familiar with everything that an estate plan entails as most people are unclear on the topic. Contrary...
Estate planning and Special Needs Trusts
Estate planning is important for everyone in California, but it's particularly vital for the parents of children with special needs. Parents want to provide them with the best quality of life, but they don't want to disqualify them from need-based government programs....
Administrators in probate proceedings
Administrators are individuals who are appointed by the court during probate proceedings to carry out the duties that would normally fall to executors. Courts appoint administrators when the decedent did not leave a will or when the person named as executor in their...
What are the benefits of conservatorships?
As we discussed recently in this blog, a conservatorship is a legal way for one person to gain decision-making power over some or all aspects of a loved one's life. When someone seeks conservatorship over an adult, it is usually because the adult has a disability,...
