When Californians don't have an estate plan, there's the chance that people whom they wouldn't want to have any authority to administer their estate may petition to do so. The case of a former television actor is evidence of this. Mark Salling, who appeared in the TV...
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Month: April 2018
What happens to debt after death?
Debt has become such an enormous feature of many people's lives that it is often overwhelming to consider how one might repay the debts of a person who passes away. In some cases, a person's debt may significantly overshadow his or her estate, causing those who may...
Don’t forget Fido when planning your estate
Just like parents who wouldn't want anyone taking care of their children after they're gone, you probably have some specific people in mind to take care of your pets in the event of your death. To make sure your animals end up in the right hands after you're gone, you...
What happens if you die ‘intestate’ in California?
If you live in California and don't have an estate plan -- even a simple will -- in place when you die, the state will determine how your assets are distributed. This is done based on California's "intestate succession" laws. These laws determine which relatives will...
Why should you have a revocable living trust?
Many people think of trusts as something that only people with considerable assets have. However, many California estate planning attorneys recommend revocable trusts for clients who have average-sized and small estates. Revocable trusts make it easier for executors...
Handling your deceased loved one’s estate
The loss of a loved one is a tragic event in a person's life. Even if you knew that the person wasn't going to be around for much longer, the actual death can be difficult to handle. Once you get past the final arrangements and funeral, you will likely have to deal...