A woman recently sent a message to a financial advice column detailing a situation involving a home owned by her mother. The woman is in line to inherit the home from her mother. The point of contention is a stipulation that the mother's boyfriend can also live in the...
Month: September 2020
How to create a stronger estate plan
Ideally, you will take time to create an estate plan that provides for your needs now and after you pass. If you fail to make a will or trust, California law may distribute assets to your spouse or child by default. In addition to a will or trust, it may be a good...
What happens to your will after you pass
If you lived in or owned property in California, your estate may be subject to its probate laws when you pass. Your estate representative is responsible for presenting your will to a judge so that a probate proceeding can begin. Generally speaking, the case is handled...
Why estate planning is important for all stages of life
While estate planning is typically seen as a task for older individuals, California residents at any stage of adulthood can benefit from getting their affairs in order. Without a will, the person's estate will be divided up by the court in the case of their death....
