San Fernando Valley Probate & Estate Administration Law Blog
The Dangers of an Unfunded Trust
Having the insight to set up a trust for your funds and assets is forward thinking and can be a smart move. These helpful legal devices create a space where you can move property, money, and valuables, and keep them safe from certain creditors. When set up properly,...
Grey Divorce and Your Estate Plan
What is a Grey Divorce? According to the PEW Research Center, “Grey Divorce”, or divorce over 50, is becoming increasingly more common. In 2017, the center found that the divorce rate for this population had roughly doubled since the 1990s. For couples who have been...
Do I Need a Pour-Over Will?
Estate planning involves using various legal devices to protect what you have built so that it can be passed on to your loved ones. A main goal of this process is to limit the assets and amount of funds that have to go through probate. One measure that can be used for...
What is a third party special needs trust?
If you are someone with a disabled or special needs child, you might consider creating a trust to provide for your loved one. Some disabled individuals create their own trusts, but in doing so, they may disqualify themselves from receiving government benefits....
What is a California Trust Administration?
A living trust is legal device wherein a trust creator (settlor) can put assets and funds while they are alive for the benefit of named beneficiaries. When the settlor passes away, the trust has to go through something called a trust administration. If you have a...
What is Probate?
Many people don’t think about the word probate until someone close to them passes away. If the death was unexpected, this mysterious legal term may be mentioned in passing as loved ones cope with their shock and grief and make final arrangements. After the services...
Signs that You Need to Change Your Will
Getting your estate plan together can feel like taking a weight off of your shoulders. Once all of your documents are properly executed and put away it’s easy to forget about them. As your life moves forward, parts of your plan, such as your will, may need to be...
Recognizing and Addressing Undue Influence
A sad reality is there are some people who are willing to manipulate others for their own gain. These same individuals usually do not have reservations about exerting their influence over someone who is vulnerable in order to financially benefit. Sometimes the victim...
Tips for executors getting started with probate
If you are the executor for a loved one’s will, chances are at least a portion, if not the entirety of the estate must pass through California probate. The process is often time-consuming as it has a significant number of statutes. Depending on the details of the...
How are wills determined valid in California?
Many California residents rely on the creation of a will to relay their wishes after they pass away. If you have similar plans, you must know how to create a valid will. Each state has its own unique way of interpreting a will's validity. Today we will take a look at...
