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Estate Administration Archives

Los Angeles estate planners: Have you valued your Pogs lately?

Silly Bands and Pogs from the 1990s and Cabbage Patch Dolls from the 1980s were collectibles that some people bought in quantity, with the idea that someday those childhood toys would be "worth something." Other than niche buyers, who today values a Cabbage Patch Doll the way they did in 1985?

California legal issues when decedents die intestate

Beneficiaries do not have to be named in a will to receive assets from an estate. A life insurance policy is an example. The proceeds from the policy go to the assigned beneficiary, whether or not that person is also named in a Los Angeles will, trust or other estate planning document.

California estate myth: Only wealthy people have trusts

You don't have to be a television, movie or music legend in Los Angeles to want control over inheritances you leave for heirs. If you think your estate plan is fine without a trust, you might be right. Then again, you might be missing something.

$300 million dispute over California heiress's estate

The California estate of Hugette Clark remains unresolved two years after the 104-year-old woman's death. Multiple parties, including relatives of the last descendent of a $300 million copper mining fortune never knew, are disputing two wills Clark left behind.

Heavy D's estate in Los Angeles probate years after death

Family power struggles at the time of a loved one's death are not so common that they disrupt the settlement of every estate, but conflicts happen. Legal issues among Los Angeles heirs and beneficiaries often occur when no estate plan exists or a critical legal document is indistinct.

How nine opinions could sway California estate plans rules

The subject of gay marriage drew a negative reaction from most U.S. residents in polls taken a decade ago. At the time, Pew Research Center reported a 58 percent opposition to same-sex marriage. A new survey shows a remarkable change in society. The gay marriage approval rate shot up to 49 percent.

Proposal to lower Ca. conservators' fees heads to hearing

An article published in a California newspaper last summer led to a task force and a proposal that could change fees paid to conservators of the estates of dependent adults. Court officials in Santa Clara County are considering rules that would limit what court-appointed estate administration officials charge for services.

Election to impact estate planning decisions

Voters are subjected to various risks regarding the upcoming presidential election. Estate administration and decisions would be lot easier if individuals, estate planners and California heirs knew what to expect from the candidates and the Internal Revenue Service.

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