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Every person planning their estate has unique issues to address, but certain concerns are relatively widespread. For example, it is quite common for those with sizable families or significant personal resources to worry about probate conflict after they die. Perhaps a...
Being named the executor of a person’s estate in California is a difficult job. However, knowing your responsibilities can help you better understand what’s expected of the role. These are some common mistakes executors make and how to avoid them. Not understanding...
Being an executor in California is a noble responsibility. The estate owner entrusts them with the task of ensuring that they help fulfill their last dying wishes. And most of them do just that. However, there are some circumstances where the executor might be...
After a California resident dies, their assets will automatically belong to their estate. The estate must be settled through the probate court process unless the decedent established a trust and funded it with all of their assets. While trusts allow assets to be...
Many California residents understand the importance of estate planning. If your parents have never discussed this issue with you, it’s possible they haven’t begun to make these arrangements, and you should talk to them about where they stand. Include your siblings If...
A California trustee manages assets for the benefit of others, known as beneficiaries. This role differs from an executor, who manages and distributes a deceased person's assets to fulfill their final wishes. The individual who establishes a trust, called the grantor...
Going through probate in California can be expensive. Knowing it's coming allows you to prepare and save the most money possible by avoiding unnecessary costs. Understanding these tactics and using them to your advantage can be highly beneficial. Transferring property...
In California, as with other states, elder abuse is one of the most disturbing kinds of crimes. Elders are protected with special rules to prevent financial exploitation and other forms of abuse. New FINRA Rule FINRA is the Financial Industry Regulatory Authority, and...
Elder care disputes may arise among families in California. When they do, you should find the best ways to deal with the issues quickly and effectively. One such method is using a mediator. Here's what you need to know about elder care mediation. What is elder care...
California law does allow you to contest a will if certain criteria have been met. For example, if you have reason to believe that the testator changed his or her will while under duress, a judge may invalidate it. It's worth noting that you can only challenge a will...