Being party to a trust in Woodland Hills, CA or another California city can be a nerve-wracking proposition given that your interest in it are wholly impacted by the actions of another. While you of course want to trust that ... Read More
Serving as the trustee of a trust created by a client, associate or someone close to you in Woodland Hills can be an arduous task. Initially, you may have no problem taking it on out of your sense of loyalty ... Read More
In California, the Probate Code governs various types of trusts. There are revocable and irrevocable trusts, legacy trust, trust for those with special needs, and others. All of these are legal constructs that usually have named beneficiaries. Beneficiaries receive payments ... Read More
If you are like many people in California and across the United States, you created your last will and testament while you were of sound mind and body. When writing your will, you determine who you want to have your ... Read More
Any California residents who are dealing with matters of an estate for perhaps the first time can likely have a lot of good questions. Let us focus on trusts, and what their benefits can be for you and your estate. ... Read More
As you likely already know, when you make a Last Will and Testament in California, in addition to naming the heirs who you want to receive your property upon your death, you also appoint an executor to carry out your ... Read More
Last week we discussed the fact that when you assume the responsibilities of becoming the executor of someone’s California estate, one of your duties will be to pay the taxes owed by both the deceased person and the estate itself. ... Read More
The term “undue influence” refers to influence strong enough to abolish the free will of a person. Sadly, the undue influence over older and disabled persons is a growing problem in California and throughout the greater U.S., one that results ... Read More
Many people put off estate planning because they don’t want to think about their own deaths. Others put it off because they think it’s only necessary for rich or old people. Then others put it off because they are overwhelmed ... Read More
When you have a loved one with a significant disability, setting up a special needs trust is often a fundamental part of making sure they can live comfortably. When managed wisely, this financial resource can help pay for additional expenses ... Read More
