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....
Results-Oriented: Creative, Strategic And Skilled Legal Techniques
Year: 2022
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...
Steps to become a power of attorney
A power of attorney (POA) is an individual that you trust and not only a document that is signed. You have to become an agent who puts the interests of another person above your own. In California, there are several steps to take to become a good representative for...
Estate planning essentials
People who develop estate plans enjoy peace of mind because they know that preparations have been made to take care of their loved ones. When California residents make these preparations, one of the most important decisions they face is choosing a responsible person...
Taking inventory of an estate’s assets
Surviving family members may find themselves wondering how to go through the probate process. Even with a competent executor handling representation duties, administering an estate may come with challenges. Organized executors who understand the importance of taking...
Heirs at law and estate disputes in California
When a loved one dies, it's likely that their estate will go through the probate process to ensure that the wishes of the deceased get carried out. This can be a difficult process, especially if there are disagreements among the heirs at law about how to divide up the...
An overview of the different types of defalcation in California
When most people think of white-collar crime, they think of complex financial schemes that result in huge profits for the perpetrators. While this is certainly true, there are other types of white-collar crimes that can significantly impact victims. Defalcation is one...
Facts about heirs-at-law contests
When a loved one dies in California, it is often difficult to deal with the estate. This can be especially true if there is a contest about who is the rightful heir. If you find yourself in this situation, knowing how to handle it can be critical. Who is an...
How to dissolve a trust
If you own a home, business or other assets, California law generally allows you to keep them in a trust. A trust may allow you to protect items from being seized by creditors or in a divorce. In many cases, you can dissolve a trust assuming that you follow the proper...
How long do beneficiaries have to contest a will?
Courts see wills as the voice of the deceased issuing their last wishes. That's the testator, the individual who wrote the will. Typically, California law supports the will. Anyone who argues the content of the will and its intent is contesting the will. Why contest a...
