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A trustee is the person who manages and administers trust assets for the trust’s beneficiaries. They have several important responsibilities and if they do not meet these, there may be an option to remove the trustee from their position. Trustee responsibilities A...
For many reasons, a growing number of couples are choosing not to pursue marriage. However, despite this trend, existing laws and regulations continue to safeguard only the rights and interests of married spouses. Passing away without drafting an estate plan could...
There is no way to know with certainty what will happen in the future, but there are steps one can take that will allow him or her to have a measure of control over certain matters. Through estate planning, it is possible to have the final say over things, such as...
For many families, animals are beloved and cared for as if they were a member of the family. In some cases, pets may outlive their owners, and it is important to address what could happen if the pet doesn’t have someone to care for it, pay for its needs and ensure...
The probate process varies in each unique case. However, one of the things that remains consistent in the process is that the estate executor or administrator must pay all debts and obligations owed after successfully conducting an inventory and valuation of the...
Estate planning isn't just for seniors. Young families can also benefit from having this type of plan in place. In case of a sudden accident or illness, parents can still take care of their young children through a guardian even after they pass away. Even if you don't...
The short answer is no. Verifying the legitimacy of a will before your named executor can distribute the estate to the designated beneficiaries is one of the most vital aspects of the probate process. Therefore, even if you have a will, the executor will still need to...
Celebrities often have thousands of fans in California and beyond who try to stay updated on every facet of their private and professional lives. Sometimes, a celebrity might request privacy, especially when dealing with family issues, such as divorce. The average...
Planning for the future is a process that is personal and specific to the individual creating the plan. If you are strategizing about the specific tools you need to include in your estate plan, you are likely starting by drafting a will. This is a document that...
Many California residents will become incapacitated at some point in their lives. This might happen because of brain trauma suffered in a car accident or because of a neurodegenerative condition, such as dementia. Incapacitation can also occur because of mental...