Estate plan updates are important if you want your life’s work to be distributed as you truly wish. Failing to update your estate planning documents could result in some heirs being omitted. The legal term for that occurrence is omitted (or pretermitted) heirs. In that case, these heirs could be receiving less than you wanted […]
read moreIt’s very commendable if you have an estate plan. Many fail to be so proactive. But, when was the last time you had an estate plan update in San Diego? Can’t remember? Don’t see why you should? Read on to find out why it’s important to revisit your plans. What estate plans are If you […]
read moreThe point of estate planning is to ensure that after you die, your assets are distributed according to your wishes and as smoothly as possible. You may think that establishing and funding a trust and composing a will is all you have to do. Completing those tasks is definitely the core of your estate planning, […]
read moreLiving trusts are the best way to preserve your estate. If you haven’t set up a trust or you haven’t funded it fully or properly, the estate will inevitably go through probate. Having an unpaid executor for your will leaves more money to be distributed among the beneficiaries of the estate, but it can complicate […]
read moreIf you are interested in transferring a small estate in San Diego or anywhere else in California, you might be in luck. The law in California says that if the value of the estate is under $150,000 there might not be a need for a probate. There are simpler procedures, such as the Small Estate […]
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