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.
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.
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.
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.
Many wage earners spend decades building carefully-monitored retirement incomes while giving remarkably little consideration to beneficiary details. California estate planning attorneys see frustration and anger among heirs when proceeds from a decedent's beneficiary-related fund end up in the wrong hands.
The advice of a friend or family member can be valuable, but there are times when what's right for someone else doesn't work for you. It's common practice in southern California to ask someone you trust for advice or a referral.
Actor and filmmaker Dennis Hopper was 74-years-old at the time of his death in 2010. Two months before he died of cancer, Hopper celebrated his recognition of celebrity on the Hollywood Walk of Fame with his 7-year-old daughter, Galen -- Hopper's fourth child and the daughter of his fifth wife.
Artist Thomas Kinkcade died of an alcohol overdose last April. He left multiple wills, including two holographic or handwritten wills that are causing a legal dispute. A probate court judge must decide if two letters Kinkcade wrote are valid and whether a court battle will take place.