In California, many people opt to use a revocable trust instead of a will as their primary estate planning vehicle. One of the main advantages of a revocable trust is that it can enable the trustor's estate to avoid probate.When a trustor creates a trust, they must...
When novelist Gore Vidal died in 2012, he left an estate worth an estimated $30 million - not including future royalties from his published works. But within months of his death, distant relatives began fighting over the property he left behind, including a $4 million...
Most of us do not know how to relate to the financial power of the super-wealthy. Whether they earned their money from the entertainment industry, in the tech sector, or through another path to substantial earnings, some California residents possess assets and wealth...
As we discussed in last week's post, under California law there are some assets in an estate that will pass to beneficiaries independently of the instructions in a will or trust. These non-probate assets include funds or securities in bank accounts, investment...
