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August 2014 Archives

What is probate?

Some people may believe that when a loved one dies, the will is simply read by his or her attorney, the heirlooms are passed down and that is the end of it. That is not the case in California or in any other state across the country. A will must go through probate court. Here are some answers to common questions about probate.

Estate planning is essential if you have a special-needs child

All Californians who have children should have an estate plan in place to ensure those children's care and financial support if something happens to their parents. However, this is especially true for parents of children with special needs. Sometimes, those children will need care and financial assistance into adulthood. Even if they won't, you want to make sure that they have a guardian who is able and willing to care for them properly.

A trust can be beneficial in estate planning

Some hear about estate planning and presume that it is only for the rich. However, it can benefit individuals, couples and families at a whole range of financial levels. One way it can do so is with the establishment of trusts. Recently, an industry expert published a set of circumstances in which a trust can be a good idea.

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Suzanne P. Nicholl
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