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April 2014 Archives

The risk of not having a will in California

A woman in California was hoping to leave her money to her church when she passed away. She was around standard retirement age, but she did not have any children who would get the money as heirs. However, she had not done any estate planning, and had no official documentation to show where the money should go.

DIY wills can spell trouble

When a California resident dies without having created a will, his or her family will have to deal with probate. Probate is a complex legal process through which a deceased person's debts are paid and assets are distributed. The person's assets are distributed according to California law when no will exists; when a will does exist, it is vetted before assets can be distributed according to the document.

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