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...
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Month: May 2022
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;...
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...
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...