Have you ever wondered what happens to your assets after you pass? Without a solid estate plan, you might leave your loved ones with a lengthy and costly process called probate. Below are why you might choose to avoid probate and how it could benefit you and your...
Compassionate And Competent
Year: 2024
How can trust planning protect your estate from wildfires?
In Oroville, wildfires pose a significant threat to homeowners and their estates. As risks increase, it’s crucial to consider how these natural disasters could affect your property and assets. Thoughtful trust planning can help protect your estate and ensure your...
What are the grounds for challenging a will in California?
When you go through the grief of losing a loved one, the last thing you want to face is the legal complexities of their will. However, if you suspect the document does not reflect their true intentions, you may need to take action. But what exactly constitutes valid...
What are the roles of heirs and beneficiaries during probate?
When a loved one passes away, inheriting assets is not as straightforward as it may seem. As heirs and beneficiaries, you have important responsibilities during the probate process, which is essential for legally settling the deceased's affairs. You will play a...
5 Creative estate planning ideas for child-free couples
Choosing a life without children is a valid and fulfilling preference that is becoming increasingly common. As a child-free couple, you have the power to create a meaningful impact that resonates with your values and touches countless lives through your estate plan....
How a pour-over will can strengthen your estate plan
Estate planning can be manageable, especially with the right tools; you can create a solid plan for your assets. One such tool is a pour-over will, which works hand-in-hand with a living trust. This particular type of will acts as a safety net, catching any assets you...
Funding your California trust: Assets you can’t forget
Creating a trust is an important step in planning your estate and securing your loved ones’ future. However, establishing it and signing the document is only the beginning. The next crucial step is transferring your intended assets from your name to the trust’s name....
What are the benefits of including a trust in your estate plan?
As you strive to build a stable future for yourself and your loved ones, have you ever thought about what will happen to your assets when you are no longer around? Without a clear plan in place, your family might deal with uncertainty and potential financial burdens....
What happens to pets in probate?
Pets are members of the family for many Americans. So, it is natural to wonder what happens to them when you are no longer around. Unfortunately, estate planning often overlooks a pet’s well-being, and probate law does not offer the most heartwarming solutions....
How to transition a trust to a new trustee
A trustee is responsible for managing and distributing the assets within a trust according to the trust document's terms. The trustee has a fiduciary duty to act in the best interest of the beneficiaries. However, sometimes, it becomes necessary to appoint a new...