Monthly Archives: October 2023
Disclaiming Or Refusing An Inheritance: Why Do It And How Do You Do It?
If you stand to get an inheritance, that is, most of the time, good news. And if you are creating an estate plan, you would imagine that whomever you leave your property or assets to, would want that property. But sometimes that isn’t the case. There are times where getting an inheritance isn’t a… Read More »
What Is An Ancillary Proceeding And Will You Need To File One?
When someone dies in the state of California, and a probate action needs to be filed, it is filed in California. That seems to make some sense. But often, things aren’t that simple. That’s because people often have property in other states, even if they live and die in California. Additionally, many people have… Read More »
Planning For And Defining Incapacity In Your Estate Plan Documents
When forming an estate plan and creating estate documents, incapacity plays a big role. You may want to dictate what happens to your property should you become physically or mentally incapacitated. You may want to leave property to beneficiaries, but do something specific with that property in the event your beneficiaries become incapacitated. Whatever… Read More »
Benefits And Risks Of Transferring Property Into A Trust
The use of trusts is a vital, important and very useful aspect of estate planning. Generally, trusts can be used to accomplish almost every kind of estate planning goal—they can avoid probate, and give you control over who gets what and when—including outing conditions on the distribution of your wealth and assets. Real estate… Read More »