Trusts may be created in two main ways. The first is at the end of a person's life. When a person passes on their estate may pass automatically into a trust if they have executed the appropriate estate planning documents. However, a person can also create a trust...
Month: January 2018
The fiduciary duty of the estate administrator of a will
Being asked to serve as the administrator of a loved one's estate is both an honor and an obligation imposed upon a California resident. Although a well-crafted estate plan that takes into consideration methods of avoiding probate and removing ambiguity from the plans...
An estate plan should be made before it is too late
One of the requirements of a valid will in California is that the creator of the testamentary document is of sound mind when they sign their name to the will and make it official. A person who lacks the mental capacity to understand the terms of their will likely...
What is intestate succession in California?
An estate plan is intended to comprehensively dispose of a decedent's property, so that nothing is left over for the probate courts to claim and subject to the laws of distribution. In California and other jurisdictions, though, it is not uncommon for individuals to...
Are holographic wills valid in California?
Most Californians imagine wills to be formal legal documents full of jargon and clauses that are typed on fancy paper and signed by serious witnesses. However, not all wills fall into this category. In California and other states throughout the nation, holographic...