Planning For A Secure Future
Anyone of legal age may write a will, although many people do not take the necessary steps. By writing a valid will, the testator ensures a legal document reflecting his or her wishes exists. The will should allow assets to transfer to preferred beneficiaries, among...
If you plan on moving to California from another state, it may be in your best interest to review your estate plan. This is because the laws in your home state may be different from those that you will now be expected to comply with. Let's take a look at some of the...
In California, you don't have to serve as executor if you decide that you aren't the best fit. You should ask yourself a series of important questions before you accept an executor nomination. This role comes with a lot of responsibilities, and the state will hold you...
A bypass trust is a legal agreement between two spouses to ensure that the surviving one is cared for financially. There is a great deal of information for married couples to learn about this area of estate law. A trust for couples A bypass trust is an irrevocable...
California residents should consider all the details when planning their estate. In some cases, a letter of competency might be needed to go along with a will and other estate documents. It’s important to understand what this is and why it might be necessary. What is...
Con artists and fraudulent businesses often target senior citizens, believing them to be naïve, trusting and uninformed. Seniors living in California need certain information to protect themselves from all forms of fraud. Identify common scam attempts There are...
New parents have a lot on their plate preparing for their first child. With all of the changes to make in their lives, California parents might neglect to update their estate plan right away. However, it's vital for parents to update their estate plan after welcoming...
Estate planning in California often consists of creating a trust. A trust is a formal agreement between you, a trustee and the beneficiary you name. The trustee manages the assets of your trust to eventually administer the assets of the trust to your beneficiary....
Creating a last will and testament is the first method that many people think of for passing on an estate to selected beneficiaries. While this is a popular way of transferring one's wealth to the next generation, it is not the only option. Another route to take is...
You understandably want to make sure your loved ones are taken care of when you're gone. To do that, as part of your estate planning in California, you should include a will. A pour-over will might be the right option. You should know what this is and when you need...