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Death is the central reason for your local court to issue a probate proceeding. People who die without an estate plan have assets that a public court accounts for instead. Your estate isn't just exposed to taxes when you pass; public courts in California need to also...
Estate planning helps families, individuals and business owners meet their long-term goals in Concord, California. Irrevocable life insurance trusts, or ILITs, are common when dealing with estate planning. With recent tax cuts and law changes, do ILITs make sense? The...
A trust is an estate planning tool that gives the grantor, or creator, control of assets. Trusts are either revocable, meaning they can be changed, or irrevocable, meaning they cannot be changed. A common type of irrevocable trust in Concord, California, is the...
In California, you may find that an elderly loved one may no longer be able to manage their own affairs. If they have become incapacitated, you might want to set up a conservatorship to protect them. Why opt for conservatorship for a loved one? Per elder law, you...
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...
You have concerns about the ways that some of your adult children manage their money. One lives beyond his means, purchasing items he cannot afford and racking up a great amount of debt. Another has been in trouble with the law and likely has a substance abuse...
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...
California has three types of conservatorships: general, limited, and temporary. A conservatorship is a legal guardianship over an adult. Conservators have specific types of authority over the conservatee's life. This is not the same thing as a power of attorney...
Understanding what use Medicaid trusts have is important in Concord, California. Law can be confusing since every state is different. Medicaid trusts fall under elder law, and it would be wise to find a lawyer that specializes in it. Other areas of law that connect to...
Trusts are pivotal in protecting an estate and growing it tax-free. In some instances, however, the wishes expressed in a will and the contents of a trust conflict. California attorney are equipped to guide you in these cases, but the details of your trust are what...