Redding, California, Law Blog
Estate planning involves many critical steps to ensure that the probate court follows a planner's wishes. Of course, probate consists of executing a will, and other documents, such as power of attorney or a healthcare proxy, and these can be part of such planning. You...
Estate planning is an essential process that ensures your assets are protected in California, and it also ensures that they are distributed according to your wishes. Many people assume that estate plans are only necessary for married couples. That’s not the case....
Estate planning can involve many different matters of concern. While many assume that it consists solely of writing a last will and testament, there are other documents legal under California law. One such document is an advance directive. An advance directive does...
If you are happily married and have substantial wealth in California that could be subject to federal taxes, you may want to consider a QTIP trust for your partner. Here's what it does. Understanding a QTIP trust and how it works From the basics, trusts are legal...
A bank account for the estate of a California resident who passed away promotes transparency as the executor, also known as the personal representative, settles an estate's final affairs. The account keeps the income and expenses for the estate separate and produces a...
Assets such as a California home that are titled in your name at the time of your death are classified as part of your estate. Any items held in your estate will need to be probated. Probate is a process by which a judge confirms the validity of your will before...
Having a child can add a layer of complexity to your life whether it was planned or not. After you have processed the shock, joy or other emotions associated with becoming a parent, you are strongly encouraged to take a look at your estate plan. If you don't have one,...
Creating a California estate plan is a great way to prepare for your future. However, estate planning is an ongoing process. You might consider reviewing your plan at least once or twice a year. Certain life events will require you to update your estate plan....
The world of trusts in the state of California is a particularly complex one. It often involves dozens of potential considerations and a number of trade-offs. Conflicts over trusts and decisions regarding their implementation can take years. Unit investment trusts...
Planning for your estate in California can be daunting, especially if you’re single. To ensure that you have taken the right steps to ensure that your assets are appropriately handled in the event of death or disability, here are some tips to consider when estate...
