Unfortunately, estate planning is not always taken as seriously as it should be or may not be considered at all. Failing to conduct any estate planning is the worst mistake that can be made and studies show that many Americans who have reached the age where they...
Month: September 2016
A California pet trust can ensure care for a beloved companion
Trusts are a popular estate planning vehicle in California. But trusts can be used for many purposes besides managing financial assets for the benefit of loved ones. In fact, California's Probate Code specifically says a trust can be established for any purpose that...
When a loved one’s death leads to trust or probate litigation
In California most wills go through probate proceedings without a significant dispute. Similarly, most trusts are administered without any controversy. But occasionally a conflict arises among family members, between family members and an executor or between family...
Is it possible to modify an irrevocable trust in California?
In this blog we have on several occasions discussed the advantages of a revocable trust for estate planning purposes in California. A revocable trust is what the name implies: it can be modified or terminated at any time during the settlor's lifetime. But what about...