California residents who own homes might want to consider giving those homes to their children. However, there are risks associated with this that should make you think twice. Potential tax issues If you give your child your house and then end up passing away, they...
Results-Oriented: Creative, Strategic And Skilled Legal Techniques
Month: September 2022
Suing the executor of a will
The executor that has been appointed in a California will is in charge of taking care of the testator's unpaid taxes and other debts, followed by distributing the assets to the correct recipients. However, if an executor makes key errors, they can be potentially...
Procrastination can be a problem when it comes to making a will
Anything can happen at a moment's notice that will change life drastically, and those without an advance directive often leave families in a bad situation following any personal calamity. If you haven't made a will yet, it's a good idea to do it so that the California...
Handling probate and long-term healthcare in California
Planning long-term care for yourself or an aging loved one in California can be complicated. In addition to meeting the needs of your loved one, you also must figure out how to deal with the cost. Dangers of using Medicaid coverage Medicaid can help pay the expenses...
Can irrevocable trust terms be changed?
Irrevocable trusts are typically recognized in California as long as they are created in accordance with state law. As the name suggests, they generally cannot be changed or revoked after they are executed. However, there are certain circumstances in which this is not...