Alongside creating a last will to determine who will inherit your estate when you die, it is equally important to include provisions to ensure that someone you approve of will care for your minor children should something happen. This is where guardianship comes in. A...
Family is challenging and almost all families have disagreements from time to time. However, if you want to ensure that family members don’t receive your assets or property after you die, it’s imperative to have a valid will. Family members are considered the...
Every will must undergo probate - the court process of validating and executing a will. Once the court is satisfied that the will is legally valid and there are no contests to the will, it sets everything in motion. However, certain things must happen before the...
No one wants to think about the need for a will, but creating one is very important to do especially if you have children. Whether you are single or married, planning for the future is always a good idea. Creating your will now is the first step toward providing for...
An estate executor is a person who’s going to care of all the administrative duties for your estate when you die. You have the power to name the person who you want to do this. You should think carefully about this so you make a decision that’s in the best interest of...
Many U.S. residents tend to put off making a will or estate plan, sometimes repeatedly. It is natural to feel uncomfortable when considering and planning for your own death but waiting too long is risky. If your health suddenly declines or you suffer life-threatening...
One part of estate planning involves designating a person to take charge of your estate after you die. Since many believe in the keep it in the family motto, they automatically choose a relative—typically an adult child—to act as an estate administrator. Sometimes,...
You may have heard that most people don’t have an estate plan. You may also have heard that one of the main reasons they give for this is that they’re going to do it later. They’re waiting until some hypothetical age when it’s time to start estate planning. The exact...
For many Californians, the document in their estate plan that details their assets and how they’re to be distributed isn’t their will. It’s a revocable living trust. A revocable living trust serves a number of purposes. Many people have them because they typically...
The best way to form the foundation of a sound estate plan is by creating your final will. With it, you can express your wishes for dividing estate assets among your loved ones. Once you have it in place, you can continue to build your plan until it meets your needs....
