When an adult is unable to look after their finances due to dementia or other health reasons, a trustee or conservator is often chosen to manage their money and assets on their behalf. Aging adults often establish trusts for this reason, giving control of their...
Estate litigation in California is necessary if you have a trustee who refuses to step down from their role. If you create a trust, then you have a right to declare the directives of that trust. The people chosen to manage a trust's assets must perform and show...
If you’re like many residents of California, you are thinking about planning your estate. Unfortunately, many people make mistakes during the process. It’s important to know those mistakes and how you can avoid them. Forgetting to include certain documents A common...
If a deceased loved one lived in California at the time of his or her death, that person will likely be subject to that state's probate laws. The same may be true if that person owned property in his or her name in the state. In the event that your parent, grandparent...
California parents with multiple children might have to face more complications than single-child parents. When your children are young, you might be inclined to split up your estate between all children equally. As your children become adults though, you might...
In California, passing away without a will is referred to as dying intestate. Through probate, the court will divide your property among your closest relatives under the state's succession laws. Here's an overview of how the probate process works. What happens when...
Probate refers to the legal transfer of assets and debts following a person's death. The court supervises the process to gather information about holdings, pay remaining liabilities and distribute the assets to heirs. There are various components of probate...
Planning your estate in California is wise. It allows you to protect your loved ones by leaving your assets to them. It can also help you protect yourself, but it's important to avoid making common mistakes during the estate planning process. Avoiding the estate...
Having your will contested should be avoided at all costs. When you’ve passed and your assets have no owner, however, your will is likely to get challenged by those closest to you. Anyone with a vested interest has a right to challenge your will in court. Since every...
Many elderly California residents have individuals who handle their finances for them. Many times older individuals have difficulties dealing with the public in general, and many are actually incapable of handling their own financial affairs. This creates a real...