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When someone passes away, their assets go through a legal process called probate. Probate helps transfer ownership of the deceased’s property according to the will or state law. But not all assets have to go through probate. Knowing which assets are subject to probate...
Your pet depends on you for daily care, comfort, and safety. But have you considered who will step in if you're no longer able to provide that care? With the right planning, you can ensure your pet remains protected and well cared for, even when you're gone. Select a...
Probate is the legal process of distributing a person's assets after they pass away. The probate timeline can vary depending on several factors. Generally, it can take anywhere from several months to over a year to complete. If you're going through probate, you may...
When dealing with the distribution of an estate after someone's passing, probate and trust administration are two common methods of transferring assets. While they both serve a similar purpose, they operate differently. Understanding these differences can help you...
Probate in California can feel overwhelming at first, but it's really just a court-supervised process for settling someone’s estate. If you’re facing it, you probably wonder what actually happens and how long it takes. Start by filing a petition The probate process...
There are many differences between revocable and irrevocable trusts. When choosing between these two types, it all boils down to preference. Do you prefer having control or protection? Revocable trusts: Flexibility and control When you establish a revocable trust, you...
One of the primary functions of estate planning is laying down the foundation for your family’s future. Wills, trusts and other estate planning tools can help make sure your family is provided for, even after you are gone. However, what if you have family members...
Being an executor of your loved one’s will can be challenging. You have to manage the estate and settle any outstanding debts. You may even have to navigate and manage disputes among the beneficiaries. If disagreements escalate, it may even lead to someone contesting...
Making the painful decision to exclude a family member from your will often stems from years of damaged relationships or unresolved conflicts. The choice to disinherit someone carries deep emotional weight. However, circumstances sometimes make this decision necessary...
As a parent, leaving a lasting legacy for your child is likely your top priority. Often, this is achievable through careful estate planning. But can a young child inherit assets from a will, and what are the implications? The law aims to protect your estate and your...