When a Sacramento resident takes their first steps toward preparing a personal estate plan they may be eager to get all of their ideas down on paper and to ensure their loved ones receive the bulk of their wealth when they pass on. While the drafting of estate...
Month: September 2017
Know the benefits of a spendthrift trust
It seems like every family has one: a person who cannot manage their money or who spends money in a loose or even reckless manner. They may be well-intentioned, but Californians who wish to leave such individuals assets from their end of life estates may fear that the...
We can help clients avoid future problems with their wills
Admittedly, a will is not an exciting testamentary tool. Although movies and television programs sometimes sensationalize the reading of characters' wills to add drama and intrigue to family conflicts and to add wrinkles into complex storylines, in actuality a will is...
Can individuals in California manage their own trusts?
To answer the question posed in the title of this post, readers of this California estate planning blog must understand the different roles that individuals may play in the administration of the trust. The following paragraphs will discuss three main roles a person...
The requirements for executing a will in California
A will is a useful testamentary tool for outlining how a person would like their property disposed of upon their death. It can be used to serve other purposes as well, but if a will fails to satisfy the statutory requirements set forth by the California legislature,...