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 common law provides you testamentary freedom to dispose of your property as you see fit. Still, your testamentary freedom doesn’t exclude the possibility of a disgruntled relative contesting your last wishes. If you expect some family members to be dissatisfied with their inheritance, it’s best to take preemptive action and make the will as […]
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 moreAdvance Healthcare Directive is a legal document which leaves specific medical orders what actions are to be taken if the person is unable to make these decisions later on. This is actually an umbrella term for a few types of legal documents. The most common type is the living will, wherein the person leaves directives […]
read more