Intestate succession in California refers to the probate process that distributes property and assets when someone dies without a will or when someone passes away and hasn’t included certain assets in the will or another estate planning instrument. When an … Read More
When a loved one passes away, navigating the legal and financial maze of settling their estate can be overwhelming. Whether someone has named you an executor or an estate administrator, both roles have significant responsibilities. However, while many people use … Read More
Yes, a trustee can withdraw money from an irrevocable trust, but only to pay for third-party expenses and not for personal reasons. This is because it is the trustee’s responsibility to manage the trust according to the wishes of the … Read More
When a loved one dies, managing their estate can be complex and emotional. Depending on the circumstances, one of the critical roles involved in this process can be the estate administrator. The administrator of an estate is appointed by a … Read More
As a pet lover, you might joke (or daydream) about leaving your pets everything you own when you are gone. Because they’re not just pets; they’re family. They’ve been by your side through thick and thin, offering unconditional love, endless … Read More
Estate planning isn’t just about protecting your assets for future generations; it’s also an opportunity to make a lasting impact on the causes you care about. By strategically incorporating charitable giving into your estate plan, you can leave a legacy … Read More
The holidays are a time for family, friends, and the kind of cherished memories that warm your heart like a piping cup of hot chocolate. More than anything, though, this is an opportunity to connect with your loved ones and … Read More
If you are like many California residents, your home is one of your most valuable assets, and ensuring it is taken care of into your old age and passed to your loved ones efficiently is of the utmost importance. Many … Read More
Certain types of trusts can protect assets from lawsuits, which professionals at a higher risk of lawsuits commonly use. Revocable trusts, also called living trusts, cannot protect assets from a lawsuit because the trust creator still maintains property ownership in … Read More
An executor has the legal obligation to show an accounting to beneficiaries unless beneficiaries have waived the accounting. But there is more to it than that, which only adds to your stress. You have a lot on your plate right … Read More