A variety of different people have an interest in an estate after someone dies. The family members of the deceased have an interest as heirs or beneficiaries. Close acquaintances or trusted individuals may have accepted a request to serve as the personal...
Month: March 2024
Four components of a comprehensive estate plan
Most people believe that having a will is enough to ensure that all their assets will go to their desired beneficiaries after they pass away. While a will is a good starting point for expressing your wishes when you die, some assets are best secured through separate...
How does a trust bypass the probate process in California?
A trust bypasses the California probate process primarily because the ownership of the assets moves to the trust, not to an individual. When you create a trust, you transfer your assets into it and effectively change their ownership from your personal name to the...
How poor drafting of a will can lead to its invalidity
When creating a will, precision and adherence to legal standards are crucial to its effectiveness. When a will is poorly drafted, it can lead to several issues that might trigger challenges and potentially invalidate the will. Here are several ways poor drafting can...