California has the highest number and percentage of elders in the United States. Around 11% of the state's population are seniors. According to predictions, this will increase to 20% within two decades. Financial abuse is a concern among elders because of their...
Few things in life are perfect, including wills that your parents may have created before they pass away. They may have left their wishes incomplete, or your siblings in California may not be happy with how assets will be distributed. Whatever the reason, sometimes...
Conservatorships are legal arrangements in which a court appoints a responsible person or organization to care for an individual who cannot care for themselves. The conservator is responsible for managing the conservatee's financial and personal affairs, making...
Do-it-yourself estate planning poses significant risks and can impact your beneficiaries and assets. California residents can tackle several things as do-it-yourself projects, but estate planning should not be included in that to-do list. Questions of validity Not all...
When a person in California sets up a trust, they create a fiduciary agreement that lets a trustee hold assets on behalf of a beneficiary or several beneficiaries. Trusts get structured in various ways, specifying exactly when and how beneficiaries receive assets. A...
California residents concerned about estate planning will often create a will. The will outlines how their estate gets handled when they die. However, merely going through the trouble of creating a will does not guarantee that it will hold up later in court. An...