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...
Concord Probate & Estate Administration Law Blog
Explore the methods used to avoid unnecessary probate costs
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...
FINRA Rule Preventing Elder Financial Abuse
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...
What is elder care mediation in California?
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...
What to know about challenging a will
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...
Estate planning and retirement
Retirement planning and estate planning in California are related. Together, they protect you, reduce stress about the end of your life and help plan the future you want for your family. Retirement planning vs. estate planning With retirement plans, you focus on ways...
Where do I open probate for my loved one’s assets?
Opening probate to distribute a loved one's assets can be a complicated process. If all of the deceased assets are located in a single state such as California, the process is easier, but even in then, you may have to decide which county court system the probate case...
What happens to your home when you die?
One question that may make a person feel uneasy is what happens to assets like their home when they pass away. The reality is that most adults should consider estate planning in California to ensure that their assets end up in the hands of those whom they want to have...
Undue influence in Concord, CA
The concept of someone taking advantage of an elderly person to gain access to their financial resources is despicable. While there are thousands of instances each year of phone scammers, online con artists and other long-distance scams, there are also cases of people...
Considerations when helping a parent write a will
Writing a will is an important step for individuals regardless of their age, but older people especially need to consider how their family members will be taken care of after they pass. Residents of California may have parents who are considering their options with...