Understanding Your Rights as a Beneficiary in California

If you’ve been named the beneficiary of a decedent’s assets in California, you have certain rights that the trustee or executor must follow. If the decedent had a Will but no trust, the estate must go through probate before you can access your portion of the estate. However, if the decedent placed their assets in a trust and named a trustee prior to their death, the process is often much shorter. Annual Accounting Read More

An Introduction to California Probate

If a loved one has passed recently or you’ve been involved in their estate planning, you’ve likely heard about the probate process. Probate is how the court validates the Will and ensures that the right people get the decedent’s assets. It also ensures that all necessary debts are paid before assets are distributed. If you’ve been named executor, knowing what to expect from the California probate process can help you Read More

Guardianships Explained

A guardian acts as a surrogate decision-maker who determines personal and financial decisions for a minor who is incapacitated, has lost his or her parents, or is dealing with mental or physical disabilities. The guardian is appointed by a judge, and the person the guardian is responsible for is a ward of the court. When is a guardian needed? A minor whose parents have died or is incapacitated requires a Read More

Understanding the Difference Between General and Limited Conservatorships

Conservatorships are a safe way to provide for the needs of adults who are unable to care for themselves in one or multiple ways. In California, two types of conservatorships are recognized: general and limited. There are significant differences, so it’s important to figure out which option is best suited to your unique situation. What Is a General Conservatorship? General conservatorships are often used for Read More

Care for Your Disabled Loved Ones with a Special Needs Trust

Parents and family members of people with special needs have extra considerations to take into account while planning their estate. If an individual depends on Medi- Cal, SSI, or other public services for their daily needs, simply naming them as a beneficiary of an estate can cause them to lose their eligibility for these services. Creating a Special Needs Trust, also known as a Supplemental Needs Trust, can benefit Read More

Were You Named An Executor? 6 Responsibilities You Now Have

The court has appointed you as executor of a loved one’s estate. This is a significant honor and responsibility. As the executor of an estate, you are responsible for maintaining the estate, preparing it for distribution, and ensuring that distribution is done according to the decedent’s final wishes. Now that you’ve been named executor, get ready to take on these duties. 1. Locating and Caring for Assets You Read More

4 Reasons to Have a Revocable Living Trust

When you begin planning your estate, you may wonder which documents and planning tools will best provide for your family and allow you to maintain control of your own assets. While many people start by considering a Will, the benefits of a revocable living trust could make it the ideal estate planning tool for you. 1. Your Family Can Avoid Probate Perhaps the most significant benefit of a living trust is how it Read More

Medi-Cal Eligibility: What You Need to Know

Medi-Cal is California’s implementation of the Medicaid program. This program is set up to help those in need get the medical care they need without breaking their budget. While this program is commonly focused specifically on the poor, that is not always the case. Understanding the eligibility requirements for Medi-Cal will help ensure you can get the benefits you are entitled to. Eligibility Based on Income Anyone Read More

Estate Planning 101: Understanding the Various Powers of Attorney

A Power of Attorney is a common legal document used in estate planning. There are several different types of Powers of Attorney that can be used, and choosing the right one is essential for achieving your goals. This blog post identifies the various different types of Powers of Attorney documents and when they should be used. Non-Durable Power of Attorney A non-durable Power of Attorney is set up to remain in Read More

Documents to Include in an Estate Plan

When the time comes to make an estate plan, most people fixate on writing their wills. While having a will is important since it ensures property is transferred in a manner that you approve, it is not the only thing that you need to worry about. To protect your family and your legacy it is important that you know what documents to include in an estate plan. Failing to include certain documents can create problems for Read More