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Law Office of DeAnne E. Parker
Redding Probate, Trusts, Estate Planning And Business Attorney

Redding Estate Planning Law Blog

Famous singer's estate in turmoil

The battle over the famous rhythm and blues singer Aretha Franklin's estate is continuing. The latest move involved one of Ms. Franklin's sons asking the court hearing the case to be appointed personal representative, helping and then eventually replacing Ms. Franklin's niece. The niece has been acting as executor since last year.

According to the son, Ms. Franklin's niece has not handled her role as personal representative properly. He points to the fact that she missed at least one deadline on filing an important document with the court.

Advantages of revocable living trusts

Many people in and around Redding, California, have probably heard of revocable living trusts, as they are a rather popular estate planning device these days.

To review, a person, or couple, who wants to create a revocable living trust will first prepare the trust document creating the trust. At least initially, they will be named trustees of the trust and may also be primary beneficiaries, that is, the first in line to receive proceeds from the trust. As the name implies, they will retain the ability to dissolve, or revoke, the trust at any time.

What is a business succession plan?

Many people in Redding and the surrounding communities of Shasta County, California, have spent their lifetimes growing their family business in to a reliable source of income.

In many cases, the family business is also a person's most valuable asset and, on a more personal level, the asset she would really love to see carry on in to the next generation.

Family of former executive in conservatorship battle

A man who at one point helped lead Warner Brothers was recently at the center of a legal battle over his medical care. Despite being wealthy enough to afford in-home care, the current wife of this man has for the past couple of years arranged for him to stay in a nursing home.

The man suffers from Alzheimer's disease. While once a bright star in the entertainment business, he has for some time been unable to handle his own affairs due to mental incapacity. He has been married to his current wife for over 40 years. However, the man's oldest child and only son, from a prior relationship, filed legal paperwork asking that a California court appoint someone else temporarily as his father's legal conservator. In his paperwork, he accused his stepmother of breaching her fiduciary duty and also of possibly engaging in elder abuse. His stepmother appears to have been duly appointed as the executive's attorney-in-fact and healthcare agent.

Helping Shasta County families plan ahead

There is more to drafting a will than many people realize, and there is more to estate planning than drafting a will.

A previous post on this blog talked about all the different types of estate planning documents a Shasta County, California, resident may want to have as part of her estate plan. As this post discussed, what documents a person will require in order to have an effective estate plan depends a lot on the person's individual circumstances.

Special needs trusts are a useful estate planning tool

Many people in Redding and other parts of Northern California probably have someone in their family with special needs due to some sort of disability, illness or injury. These special needs can include the need for medical care and other treatments. In some cases, the person with special needs may require assistance going through daily life. Sometimes, they may even need to live in a place where they can receive full-time professional care.

For a lot of reasons, California families engaging in estate planning will want to consider their loved ones who have special needs. Doing so is often simply an extension of a person's generosity to all of their family members. Moreover, people with special needs often struggle to pay for the care they need, so any assistance is helpful.

We look for practical solutions to probate issues

Even when everyone is getting along within a family, going through the administration of an estate in probate court can be a long and stressful process. In all significant probate cases, there will be paperwork and other legal obligations that the designated personal representative must satisfy.

Moreover, obstacles to a smooth estate administration can come from a variety of quarters. Fighting among heirs is a common problem, but other issues, such as issues related to taxes, debts or just procedure, can also really make probate a headache.

Loved ones of beloved actor will be grateful for estate plan

Many people probably remember Actor Luke Perry from his years on the teen drama Beverly Hills 90210. His fans and supporters, needless to say his personal friends and loved ones, were likely shocked and saddened by his recent death brought on by a series of strokes.

As one media outlet reported, the actor's family ultimately decided that he should be removed from life support, which he had been on since suffering a massive stroke at the age of 52.

What is a spendthrift trust?

While many people think of trusts as a way to avoid probate, there are actually a number of ways by which trusts can benefit a Redding, California resident who is trying to formulate an effective estate plan. For instance, trusts can help with tax-related issues, issues involving eligibility for benefits and the like.

They also can allow a person to retain some control over his or her wealth, which may be a smart move in the right circumstances. For instance, control is the point of what is commonly referred to as a spendthrift trust.

Overview of the California probate process

While some in the world of law treat probate as a kind of a dirty word that inevitably spells years of time, money and emotional heartache, the term actually refers to the process of distributing a person's property after he or she dies.

For a lot of historical and other reasons, this process is typically overseen by the court, at least to some degree. It does take some time to settle affairs after someone dies in a lot of respects, and probate is no exception to this rule.

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