If you have a close relative, such as your mother or father, who has recently passed away in the Torrance area, you may be able to claim that you are one of the heirs to the property in the estate. If your relative died without leaving a will, you might still be able to inherit. Simply because a relative does not have a valid will does not mean that you do not have a claim on one's property.
Dying intestate, or without a will, is a bad idea for many reasons. It's important for people of all ages to create wills, even if they cover only the most basic things. Wills dictate what happens to your assets, and they can make it simpler for your beneficiaries and family members to handle your estate.
If you are the executor of a loved one's will, you might have a challenging job ahead of you. The duties can often be time-consuming and usually include protecting the decedent's assets until it is time to dissolve the estate and distribute the remaining property to the beneficiaries. If you feel that these duties are too much to handle, you do have the option to request the probate court in Los Angeles to assign the duties to another individual.
Your loved one passed away, and you had to immediately clean out his home. It wasn't more than a few months later when you realized that while the home sat empty and you worked out the arrangements for it, someone else moved in. You don't know who it is, but now you want to get him or her out of the home so that you can sell it.
There may come a time when a loved one, such as a parent, is no longer able to care for him- or herself. As disappointing as this may be, you need to do the right thing by helping this person make sound decisions regarding their future.
Many people put off creating a last will or estate plan as long as they can, often until they approach retirement or start worrying about who will care for their children. Unfortunately, many people every year pass away without having any instructions regarding how their possessions and estate should be handled in the event of their death.
Imagine you suffer from a catastrophic health event. Maybe you have a stroke or you get into a car accident that leaves you unconscious and incapacitated. Your sister -- who is the closest person to you -- arrives at the hospital and asks the doctor about your condition and the doctor refuses to give her the information.
As we grow older, there comes a time when it is wise to consider giving another person the authority to make important legal and financial decisions on our behalf. These individuals may have a variety of duties, depending on the needs of the person they serve, and may go by a number of titles denoting their specific obligations and privileges. For the sake of brevity, we'll address legal guardianship.
When creating an estate plan, there will come a point when you need to think long and hard about whom you name as the executor. While you may have many options, you need to make a final decision at some point.
Being the executor of a loved one's estate is no easy task and it's a very big responsibility. These responsibilities could feel overwhelming to the average California resident, especially if you've never served as an executor before.