Tustin Estate Planning Law Blog
Financial power of attorney may prevent certain money issues
Most California residents want to be in control of their own affairs as much as possible. When they cannot, it is typically best to have someone trusted and responsible handle financial matters for them. Situations can arise in which individuals cannot make important...
Reducing estate taxes a concern prior to the election
Estate plans can provide many protections for those who utilize them. For many affluent California residents, reducing estate taxes is often of concern. Fortunately, estate planning can help them achieve that goal, but it is important that plans are updated...
Transferring assets is a vital part of trust preparation
Many California residents believe that using a trust as part of their estate plan is wise. This line of thinking can often allow individuals to take advantage of the many benefits a trust can offer. However, it is important to remember that trust preparation goes...
Regardless of amount of wealth, wills can benefit all adults
Over the years, most people in California and across the country accumulate various assets. Many of these assets could prove beneficial to family members in the future, and as a result, people generally want those assets to pass on to those loved ones. However,...
Health care directives can bring peace of mind
Most people want to feel as if they have at least a modicum of control in any given scenario. There are certainly situations in life that no California resident can control, but often, preparations can be made that could at least act as a guide for handling certain...
Probate issues: What is an insolvent estate?
When a person in California or elsewhere spends more money than he or she earns in income, it can create serious financial problems. For instance, such a person might rack up substantial credit card debt. If a person has an estate plan but the estate is bankrupt, it...
Wills, other planning documents can benefit loved ones
It is common for people to think that they have plenty of time to get certain affairs in order. Unfortunately, too many individuals in California and elsewhere end up in difficult situations without having made the needed plans to handle certain details. In...
Probate begins with filing and validating the decedent's will
Being in the position to handle a person's final affairs can be rewarding and challenging. Some California residents may be happy to act as a loved one's executor in order to close the estate and ensure that the person's final wishes are carried out. Of course, the...
Follow instructions to see a loved one's estate through probate
Handling a loved one's final affairs can be a bittersweet time. Many California residents undoubtedly feel grief over a family member's passing but may also remember the loving time they spent together as they assess the final estate. Of course, if a person is an...
Should a college-bound child create a power of attorney document?
Many California parents will be sending their children off to college for the first time this year. Though it is an exciting time, it can also be emotional and, with the current state of the world, nerve-wracking. As a result, it is wise to take measures to ensure...
