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 what you need to know when you agree to...
Results-Oriented: Creative, Strategic And Skilled Legal Techniques
Month: March 2022
What are the grounds for contesting a will in California?
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 the decedent. If you have a legal...
Why are beneficiary claims listed in percentages?
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 written in terms of percentages....
What does a successor trustee do?
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 otherwise unable to manage trust assets such...