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Disinheriting a Child in California: What You Need to Know

Disinheriting a child in California is a complex process that involves understanding the law and taking the right steps to ensure that the disinheritance is successful. Disinheriting someone can be done for a variety of reasons, including if a child has financial or legal troubles, if the parent wants to leave something to charity or…

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Ways to incorporate charitable giving into your estate plan

A charitable gift in an estate plan is a powerful way to honor your values, interests, and beliefs while providing a lasting legacy for your loved ones. With careful planning and the help of a qualified attorney or financial planner, you can make a real difference in the world while also making sure your estate…

How often do I need to update the terms of my trust?

The frequency with which you need to update the terms of your trust will depend on your individual needs and the specific provisions of the trust. Generally speaking, you should review and update the terms of your trust every few years, or whenever there is a change in your circumstances or the law. You should…

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The Duties of an Estate Executor in CA

How Does One Become An “Executor?” An executor, also known as a personal representative, is a person appointed by a court to manage the distribution of assets and payment of debts of a deceased person’s estate. In California, the duties of an executor are governed by the Probate Code, which outlines the responsibilities and powers…

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Estate Planning For those With Investment Properties

Your estate plan should incorporate any assets you own as investments, such as second homes. Estate planning for rental property owners is a bit different than for those who own their primary residence. Since rental properties are usually considered business assets, they can be subject to different taxation rules and require special consideration when creating…

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California Inheritance Law

California laws surrounding inheritance are complex, even in situations where there is a comprehensive estate plan. Even if you do not expect it to happen, there is still a chance the heirs to your property could disagree with their inheritance after you’re gone. By speaking with an attorney experienced in California inheritance law, you can…

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Why California Homeowners should have a Revocable Trust

A revocable trust, also known as a living trust, is a legal document that allows an individual (known as the grantor or trustor) to transfer their assets into a trust that is managed by a trustee for the benefit of the trust’s beneficiaries. In California, homeowners have several reasons for why they should consider creating…

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Benefits of Hiring a lawyer for Your California Estate Plan

Estate planning is an essential task that all individuals should undertake, regardless of their age or net worth. It allows you to plan for the future and ensure that your assets are distributed according to your wishes. However, creating an estate plan can be a complex and confusing process, and many individuals choose to hire…

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Prince’s Estate and Probate

Dustin Macfarlane discusses the outcome of the famous pop singer’s (Prince) estate and how much money his heirs will not be receiving because he didn’t have an estate plan. He will dive into how a simple estate plan could have protected the singer’s money and provided a much larger inheritance. Full Transcript from California Probate…

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What is the difference between an irrevocable trust and a revocable trust?

When you create an estate plan, you have the option to include a revocable trust. Also known as a living trust, this document allows you to choose how your assets are distributed upon death. You can retain control of the trust while you are alive and even make changes if you wish. A revocable trust…

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