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Posts tagged "assets"

What happens when a person dies without a will in California?

A person who dies without having a will is said to die intestate, which opens up a battle for the belongings of the decedent. California laws cover what is to happen to the person's estate when this situation occurs. Understanding how the succession laws impact the estate is something that can help anyone who has a loved one who passed away without a will.

California--based Google introduces digital asset manager

Periodic reviews of California estate plans are necessary to keep legal documents in line with personal, family and financial changes. Anticipated events, like marriage or childbirth, and unfortunate occurrences, like divorce or family death, can have instant effects on estate planning documents.

Who will unlock your virtual assets when you die?

Legal and money experts talk about covering all the bases for financial consequences before and after death. Estate planning can involve a few or many methods to preserve assets and control things we choose to leave to heirs. What about virtual belongings? Who gets those when we die?

Federal 'death tax' reprieve extended through 2013

One of the most challenging factors in estate planning can be preserving your assets for heirs and beneficiaries. When wills and trusts are not set up properly, monitored and changed appropriately, assets that were meant for loved ones can turn into unintentional government tax revenue.

Considering a trust protector for a California estate plan?

The administration of a trust following the death of its creator is usually left to a trustee. However, many legal experts now advise appointing a trust protector as a supplement for a trustee, rather than a replacement.

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