Redding, California, Law Blog
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...
In California, planning your estate involves important decisions about the best tools to accomplish your objectives. Commonly used tools like wills and trusts govern how your assets get distributed to your beneficiaries, and it is essential that you understand the...
In California, a spendthrift trust is an estate planning tool to help regulate your beneficiaries’ access to the assets or funds held within a trust. By choosing this type of trust, you can maintain control over how your assets get distributed while ensuring that your...
You can write your own will in California. However, a California will is only valid if it meets specific requirements. According to the 2021 Judicial Council of California Annual Report, 1,115 wills were contested in California in 2021. The best way to avoid having...
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...
Whether you're single or married in California, if you have assets, it's critical to create an emergency financial file with information about them and keep it updated. Doing so helps ensure they can be accessed if you pass away. Combining this action with the estate...
As California residents age and enter retirement age, their needs for estate planning often change. When you retire from your job, it's an excellent time to establish your estate plan if you don't have one or review it to ensure it meets your current wishes. Consider...
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...
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...
If you've been named an executor of an estate, be aware of the potential pitfalls of your role. While it's an important responsibility, it can also be time-consuming and emotionally taxing. Here are the top five hazards of being an executor and how to avoid them:...
