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 aw…
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 ar…
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 d…
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…
Many California residents have debts they owe to creditors. In some cases, a person might die before they've paid back their creditors. It's fair to wonder what happens with those debts if you are a relative of the deceased. Does …
Did you know that if you are the executor or the personal representative of an estate in California, you are responsible for paying any associated federal and estate taxes? That duty extends further than you may think. Here is wha…
When a decedent in California dies, the executor files a petition to probate the will. The petitioner must send notice that they filed the petition to probate the will to all heirs, devisees, executors and alternative executors of…
Many different types of investment accounts require you to name at least one beneficiary of your funds in the event of your passing. The same is true of wills created by California residents. Beneficiary designations are typically…
If you have a revocable trust, there is a good chance that you'll name yourself as the trustee. However, it is in your best interest to name a successor trustee. This person will manage the document if you pass away or are otherwi…
People who develop estate plans enjoy peace of mind because they know that preparations have been made to take care of their loved ones. When California residents make these preparations, one of the most important decisions they f…
A power of attorney (POA) is an individual that you trust and not only a document that is signed. You have to become an agent who puts the interests of another person above your own. In California, there are several steps to take …
Surviving family members may find themselves wondering how to go through the probate process. Even with a competent executor handling representation duties, administering an estate may come with challenges. Organized executors who…
