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 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 moreA will and a living trust do not exclude each other. Both of these options have their merits and serve a purpose in preserving wealth and ensuring your estate is distributed as you like after you pass away. We have already written about the difference between wills and trusts, but in this post we will […]
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 moreHere are some major guidelines on choosing the best candidate for the executor of your will. For any case-specific details, don’t hesitate to contact our estate planning attorney San Diego office for a free 30-minute consultation to get answers for all your questions. We have already written about choosing your healthcare agent in another post. […]
read moreWhy is it important and advantageous to plan your estate in advance to avoid the probate? Read our detailed post on the San Diego probate process and find out. We touch on the basic structure of the process, the executors and San Diego probate local rules. What is probate? Probate is a court-supervised process intended […]
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