There are many elements to estate planning, and it is easy to overlook things. Doing so could make things difficult for those you leave behind. One of those things you might overlook is a letter of instruction because it does not get as much attention as things such...
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When sentimental property leads to probate fights
Sentimental property, including family heirlooms, keepsakes and personal items with emotional significance, often becomes a source of in-fighting (and even formal probate disputes) after a loved one’s passing. While these items may not hold substantial financial...
2 common reasons for will contests
Estate plans typically contain several key documents, including a will. The will outlines the final wishes of the testator in terms of how their assets should be distributed upon their death. A guardian for minor children can also be named in this document....
Is estate tax a concern for California residents?
Many adults have wills and other estate plan documents in place to ensure that the right parties inherit their property when they pass away. However, before family members and other beneficiaries receive estate resources, it is typically necessary to first fulfill all...
How does probate in California differ from other states?
An estate planning goal for many is to find tools that help to reduce the need for probate, which is the settling of a deceased person’s estate. For example, you may bypass probate, or a portion of it, by creating and funding a living trust. However, all states have...
How to resolve a dispute with your business partner
You’ve come a long way since initially forming your company. Each year, the business has continued to expand. This has included developing your team and enlisting the assistance of a business partner. A business partnership can have numerous benefits, such as sharing...
2 critical issues to discuss with your estate planning counsel
One thing you’ll discover about estate planning is that it comes with many nuances. In other words, there is no one-size-fits-all option. While it is beneficial to create a will, it might not be all you need to protect your health wishes and reduce hardships for those...
3 reasons you can contest an estate plan in California
If someone you love recently died and they had an estate plan, you obviously want to uphold their wishes. However, there are numerous circumstances that might make you suspect that there is something wrong with the will or other documents. The desire to uphold...
Can Estate Planning Be Used to Forgive Debts?
As people go through life, they often help friends or family members by loaning them money. While alive, they typically do not forgive such loans to teach loved ones about the value of paying their debts. However, when people approach their final years, many...
