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...
Redding, California, Law Blog
estate planning
Estate planning for new parents in California
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,...
When should I update my California estate plan?
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....
How to use unit investment trusts (UITs)
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...
Tips to consider when estate planning as a single person
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...
How does a bypass trust work?
Planning your estate in California is the best way to ensure the smooth transition of your assets. You want to ensure that your surviving spouse and children are cared for. You also want to preserve as much of your holdings as possible. There are several methods that...
Naming an attorney-in-fact
An attorney-in-fact is usually the person holding your power of attorney documents. People in California can name someone to do specific tasks or let them have the authority to act on your behalf if you become incapacitated. The responsibilities of the...
An overview of California estate planning for single people
Many California singles who might not have children also might not consider the value of estate planning. The phrase, "You can't take it with you," is a cavalier phrase that many use to disregard planning for their legacy. Many think they don't need to bother with...
Frequently asked questions about pour-over wills
If you are concerned about saving your family the lengthy probate process in California, consider a pour-over will when setting up your estate. While the process requires your assets to go through probate at your death, it stops intestate succession from occurring. It...
Handling estates that need formal probate in California
Estate plans are helpful, but they won’t always be enough to avoid California probate altogether. There are certain rules and restrictions that mean certain assets or whole estates are legally required to go through probate. What assets have to go through probate?...