Gaining a strong understanding about probate and probate attorneys can help prepare you in the event you and your family have to go through the challenging, lengthy, and costly probate process. There are certain situations where probate can be avoided, but when it can’t, being prepared and meeting with a probate attorney in San Diego
A Will is a document that ensures your assets are distributed to the individuals you select. This legal document will also identify who will serve as Executor to manage the process of transferring your assets to the beneficiaries. Unfortunately, a Will won’t avoid probate, but a Will can ensure that your wishes are properly carried
Defined as a legal document that protects loved ones in the event of your incapacity or even death, a trust is created to avoid probate, appoint an individual to manage your assets, and identify who (beneficiaries) will receive those assets upon your death. Trusts can be a complicated subject to understand. Below is a guide
Did you know that you have an estate? In fact, everyone has one. By definition, an estate is everything that you own, which includes all property, vehicles, jewelry, stocks, and money. While simple in theory, what happens upon your death? Who will receive your assets? This is where an estate plan comes in. Encompassing legal
Understanding probate can be quite challenging, and while it’s best to meet with a probate attorney in San Diego to ensure that all questions are properly addressed, this guide provides insight into the probate process, responsibilities of a probate attorney, and reasons to hire one. What is Probate? The term probate is used to describe
This guide will provide answers to the following: What is a special needs trust? How do they work? Why should you create a special needs trust for your loved one? How does one set up this type of trust successfully?
Yes. Although many people believe they do not have enough assets to need an estate plan, some level of estate planning is important for everyone. A proper estate plan can provide protection and planning for temporary or permanent incapacity. Many estate plans also include a trust, which avoids probate, the lengthy legal process for transferring
An estate plan is a collection of documents that provide instructions regarding your care if you are ever incapacitated and the distribution of your assets upon death. An estate plan allows you to provide for your surviving spouse, children, and aging parents; it allows you to choose one or multiple individuals you trust to make
A Revocable Living Trust must be funded to fulfill its purpose. Trust funding means that the creator of the trust must retitle assets from their individual name, into the name of the trust. If there are no assets in the trust at the time of death, much of the value of the trust is lost.
Avoiding probate is important but most people do not know why. There are a few problems with probate. First, it can be very expensive. Second, probate is a very lengthy process that can tie up property anywhere from six months to two years. Finally, probate is a public process where anyone willing to travel to