What if I Want to Update My Will?

Crossing off “create will” from your to-do list is really just the first step with estate planning. In order to stay on top of all aspects of your planning, you must continue to revisit your documents and verify they still reflect the most recent version of your wishes. It’s not uncommon to want to revoke… Read More »

What Are the Most Important Components of My California Estate Plan?

The majority of California estate plans consist of some or all of the following documents. Based on your specific situation, your California estate planning attorney might also make specific recommendations and suggest additional documents that might need to be prepared. Sitting down with a qualified estate planning lawyer is critical during this planning process. The… Read More »

What Is Probate’s Impact On Seniors?

As a senior, planning for your estate and probate could help your loved ones through a very difficult time. Thinking about the details ahead of time reduces the possibility for family conflicts surrounding your intentions and can also speed up the process. Although estate planning and long term care have gained increasing focus from researchers,… Read More »

How Do California Executors Get Compensated?

If a party’s will does not specifically explain how executor compensation should be created, specific rules must be followed. In the state of California, the state executor is known as the personal representative, and compensation outlined by the will can only be altered if the court approves an executor’s petition requesting relief from those provisions…. Read More »

How Do California Executors Get Appointed to Probate?

A California executor is the individual named in a will responsible for representing the deceased party’s estate in California and carrying out any instructions laid out in the will. Before a party can begin a formal role as an executor, the court must approve of the nomination. In many cases this is simply a formality… Read More »

Can We Remove a Trustee in California?

A trustee has an important legal obligation and numerous roles that must be addressed when appointed to a California estate. However, if beneficiaries have reason to believe that the trustee has violated this fiduciary responsibility, a trustee could be removed from this role. The trustee has a significant level of power over the trust administration… Read More »

Expecting A Little One? Don’t Forget Estate Planning

There are plenty of things to think about in the wake of preparing for a new member to join your family. But newbie parents should also be prepared to take stock of their financial situation prior to a birth. Pregnancy is the perfect time to check on emergency savings, your overall budget, insurance needs, and… Read More »

Do Trusts and Life Insurance Work Together?

Death benefits that are paid out from a life insurance policy can be considerable in nature, especially when the beneficiary receives them as a lump sum. These benefits can either be paid directly to one or more beneficiaries named on the policy, or to a trust that was created for their benefit. This is one… Read More »

I Have Only One Child: Do I Need A Will?

A valid will is almost always preferred to having no document at all, even when the creator of the will, also known as a testator, has only one child and intends to leave all assets behind to that child. It’s always advantageous for a testator to also name an independent executor who is capable of… Read More »