What Happens After Probate Estate Appointment in California?

After a person has been established as a personal representative for an estate in California, there are three primary responsibilities this individual must keep in mind. These include: Gathering all assets and filing an inventory and appraisal of the estate assets. Paying any taxes, debts, and liabilities of the estate. Distributing any remaining assets after… Read More »

How to Modify Your Will in California

Your will is a crucial estate planning tool that will become of utmost importance when you pass away. Many people have a will executed on their behalf to ensure that their wishes with regard to how their assets are passed along is carried out. But creating a will years ago or even six months ago… Read More »

Do I Need to Plan to Change Plans?

Is Pasadena estate planning on your adult to-do list? Bear in mind that this is not a once-and-done planning opportunity. Life changes and your estate planning strategies and documents have to be adjusted over time. Whenever your circumstances change, or whenever the law has been adjusted, you need to sit down and reassess your current… Read More »

Why Is Prince’s Estate Still Unsettled?

Are you interested in avoiding mistakes celebrities make in estate planning? The news is always full of stories of famous people who seemingly had it all- until that “all” wasn’t planned for properly. This leaves loved ones behind scrambling to figure out all the details after the famous person passes away. Three years after his… Read More »

What Are the Basics of Setting Up A Trust Fund?

If you are thinking about establishing a trust fund for your loved ones to be able to receive benefits during your life or after you pass away, understanding these basics and following through by appropriately funding the trust fund is important. Although trust funds were previously associated with high net worth people as method to… Read More »

How Do I Know Whether I Want A Revocable or An Irrevocable Trust?

One of the most common questions presented to Pasadena estate planning attorneys is what’s the primary difference between irrevocable and revocable trust. A living trust is a legal entity that can own assets, such as investment accounts, bank accounts, and real estate. There are many different types of trusts available to people engaging in estate… Read More »