Probate, Estate Planning and Trust Law
Law Offices of Alice A. Salvo  Law Offices of Alice A. Salvo
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February 2018 Archives

What is a durable financial power of attorney?

If you are a California resident who always has managed all aspects of your financial life yourself from budgeting to keeping a checkbook register to handling your own 401(k) and other investments, you obviously are very intelligent and very organized. You may be someone who is operating a family business basically on your own. Have you ever wondered, though, about who will handle these things and make financial decisions for you during times when you cannot do so yourself? If so, you may wish to think about executing a financial power of attorney.

Who can challenge a will in California?

If you are a California resident who feels you were unfairly provided for or disinherited by someone’s will, you may be considering challenging it. Per A People's Choice, however, in order to do this you must be an interested party. This means that you must be either a family member of the deceased who would have inherited from him or her had there been no will or a non-family member who had reasonable expectations of inheriting from him or her.

Consider a trust if disinheriting a child

If you are one of many people across California who are working on your estate plan, you are probably devoting considerable time to deciding who you want to have your assets after your passing. Depending on your situation, you may also be taking steps to disinherit one or more of your children, or you may also be considering leaving your children unequal amounts for some reason or another. At the Law Offices of Alice A. Salvo, we understand how establishing a trust can help you down the line, should you decide to disinherit a child, and we have helped many California residents create theirs and work through other common estate planning issues.

The problem of undue influence

One reason that someone in California may have to challenge a will signed by a deceased family member is because the relative believes the will was signed or composed under undue influence. We want our loved ones to work out their estate planning with an informed and clear mind. However, this is not always the case.