Facts about the No-Contest Clause in California wills
A will is a legal document that contains many important provisions, one of which is the no-contest clause. This clause is typically designed to discourage disputes and costly litigation over the terms of the will. What does the no-contest clause do? The no-contest clause is designed to discourage beneficiaries from challenging the terms of wills. […]
What you need to know about probate sale in California
In a turbulent real estate market, some California residents might be looking to purchase real estate through a probate sale. There are a lot of advantages to purchasing property this way, but it can be a risky endeavor when not done carefully. What is a probate sale? A probate sale is what happens when a […]
Alternate solutions for resolving trust disputes
Usually, trust-related disputes are resolved through a court hearing. This is largely due to the fact that trust administration is subject to court supervision, usually by the court in which the trust was administered. If there are disputes regarding the trust, there are effective ways to resolve these issues that can save your family time […]
Forming an estate plan is essential to eliminate family disputes
As you get older, forming an estate plan in California is essential if you have more than one child and several assets. Failing to do so may result in hard feelings and disputes between siblings in the future when you’ve passed away. Forming a solid plan now eliminates the need to make decisions after you […]
Should your trust include an arbitration provision?
There are many details to take note of as you create your California estate plan. One of them may be deciding whether or not to include a provision for arbitration. This is a form of dispute mediation that can serve a definite purpose. However, there are legal experts who see it as a double-edged sword. […]
The duties of a personal representative or estate executor
The executor of an estate is the person who you name in your will or in your estate plan to carry out your wishes, pay your debts and in other ways settle your estate after you pass away. A personal representative carries out exactly the same duties as an executor; the only difference is that […]
The importance of writing a will
If you live in California and are creating an estate plan, you probably need to write a will. This may be the case even if you are largely using a trust, beneficiary designations or other tools to pass assets since you can use a will to name a guardian for your minor children. What a […]
Should you sue or contest a trust in California?
When it comes to trusts, there are two primary ways to challenge them: through a lawsuit or by contesting the trust. Although they may seem interchangeable, there are some key differences between the two approaches. Suing a trust This option is typically used when there are issues with the trustee or the terms of the […]
When do you need an LPS conservatorship?
Dealing with a mentally ill loved one in California can be a tricky experience. This is all the more true if their condition is a result of a physical illness. If this is the case, you will want to do all that you can to help them. You may need to step in as a […]
The importance of beneficiaries in estate planning
Estate planning in Brea, California can be a time-consuming process. Most people do not look forward to estate planning and preparing the ground for your beneficiaries. Beneficiary designations with financial institutions are important because they override decisions in a will. Reviewing beneficiary designations will help you ensure your loved ones get what they deserve when […]