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June 2018 Archives

Don't forget your estate plan when you and your spouse separate

The recent suicides of celebrity chef/travel documentarian Anthony Bourdain and fashion designer Kate Spade stunned the world, in part because they both seemed to have it all. They had something in common besides obviously not being as happy as they outwardly appeared to be. Both were separated from their spouses when they took their lives.

What happens to tenants after a property owner dies?

As people get older, they often share their home with others. Sometimes these are family members or friends who help care for them so that they can avoid having to move into an assisted living facility. In other cases, they rent out a room or guest house to bring in some extra income. Some people maintain one or more rental properties in addition to their own homes.

The potential dangers of court-appointed guardianships

It seems as though comedians have taken an increasing large role in calling out issues that Americans need to know about. Whether you agree with a particular person's political opinions or not, it doesn't hurt to see if sometimes they might just be alerting you to something you need to hear about.

Handling creditor claims on a California estate

If a loved one died here in California owing money, it's essential to understand how to handle creditors' claims on the estate. These claims have to be filed within a year after the death of the person who owed money. If that deadline is missed, a creditor's claim is generally unenforceable.

What is the executor's responsibility during probate?

If you are the executor of an estate going through probate your responsibilities can feel overwhelming -- especially if you've never had to complete the process before. For one, you'll be carrying a lot of weight on your shoulders, and if you make a mistake, you could be liable for your errors. Secondly, you might encounter various tasks that you don't understand how to complete -- such as navigating taxes, financial statements, real estate sales, property estimates and more.

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