People in California who want to be able to leave a lasting legacy after their death need to have an estate plan. Whether a person has a substantial estate or only a few financial resources, having an estate plan, including a will, trusts, and other necessary legal...
Month: October 2014
What to expect when writing a living will
People in California have a right to live their lives how they want and on their own terms, which is why the thought of being incapacitated and unable to make decisions is such a scary proposition for many people. A person who is incapacitated or not of sound mind due...
What an appointed attorney-in-fact can and must do
Residents in California know that it's always a good idea to have a power of attorney, or POA, specifically provided in one's estate plan documents. It is crucial for people to have a designated representative appointed in advance, in case a person becomes...
What a trust can do for you
California residents may have seen the recent blog post regarding the California statutory will, which is the most basic, fill-in-the-blanks will that a person with few estate planning needs can use. While this will could actually be useful in a pinch, it provides...
Toyota magnate’s family fights over parents’ will
People in California who follow business news may have heard about an interesting legal battle that is brewing in Miami, Florida between five siblings and heirs to the massive estate of multimillionaire Gerald Bean. After Bean died in 2011, the majority of his assets...
What is a California statutory will?
Every year in California, thousands of people die without a will. This may be shocking to people who understand how important it is to have the proper estate planning documents in place. Without a will this person has no ability to direct how his or her financial...