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Probate is the process through which a deceased person’s estate is administered and assets are disseminated among heirs. Unfortunately, things can go wrong during the California probate process. This includes claims of undue influence. Examples of undue influence In...
In California, financial abuse of the elderly is punishable by state and federal laws. California Welfare and Institutions Code section 15600 and other codes define financial abuse of an elderly or disabled individual and outline the consequences should a court find a...
When someone over 60 years old experiences neglect or financial exploitation, it's classified as elder abuse in California. Knowing the signs to identify this type of abuse can help you stop it. Some indicators aren't as apparent as others. It can happen anywhere...
Agents sell reverse mortgages to seniors who need money to meet their living expenses. When the senior dies without paying the reverse mortgage, the heirs generally have between one and six months to turn the home over to the mortgage company or pay off the loan...
In California, if you believe that a will is invalid, you may have the option to contest it in court. This process allows individuals to challenge the will's validity and present evidence to support their claims. There are several grounds for contesting a will,...
As a resident of California, you may be considering using a trust as part of your estate planning. Trusts can provide many benefits, such as avoiding probate, reducing taxes and protecting assets. However, it's important to understand that trusts are not immune to...
Elder financial abuse is a growing problem in California, as older adults are increasingly targeted by scammers and unscrupulous individuals looking to take advantage of their vulnerability. This type of abuse can take many forms, including fraud, scams and theft and...
When deciding what will happen with your estate upon death, you must have the capacity and freedom to make your own decisions. Unfortunately, in undue influence cases in California, someone can manipulate an individual into making estate planning decisions in their...
When a resident of California dies, their estate is subject to federal taxes. The federal government determines how much this amount is based on the value of the estate. When a person creates their estate plan, they can take measures to ensure that taxes are lower to...
After someone you love dies, you may receive an inheritance as a final gift. Gaining financial stability through inheritance is a unique opportunity. As with any windfall, it may cause stress. Mismanagement won't improve your financial health, and overextending...