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...
Focused And Personalized Attention Concerning Your Estate Planning Needs
Year: 2014
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...
Who decides the value of property in a trust or estate?
People in California who own substantial property and assets might have some questions about what their real and tangible property is worth. In a volatile real estate market, significant fluctuations in property value can be common, so an updated appraisal of the...
Repairing a trust may be a better alternative to starting over
When something is broken, the solution most people in California think of is fixing it. When a car breaks down, most people take it to the auto shop. When an appliance stops running, most people call a professional to come take a closer look. Very rarely is the best...
What is probate and how does it work in California?
People in California may have questions about how the legal process of transferring assets and property after a person's death occurs. This legal process in general is referred to as probate, although the process can vary greatly, depending on the circumstances. In...
Trusts are a must for California complex estates
People in California have a lot of uncertainty about the future, especially when unpredictable natural disasters strike. When tragic and scary events happen, it is human nature for people to feel helpless and fragile in their own mortality. When confronting these very...
Robin Williams left financial support for his children
People were stunned and saddened to hear about the death of one of the world's most innovative comedic minds earlier this month. Robin Williams' suicide was completely unexpected to most people, even those who knew him best. His family, friends and fans will mourn the...