A revocable trust (often known as a revocable living trust or living trust) enables you to maintain control over assets while you’re alive. The primary purpose of a revocable trust is to avoid probate, which is beneficial to your heirs. This enables you to pass down...
If you are named as a successor trustee, you have many responsibilities. This individual must handle the trust of someone after they pass away. One of the actions you may need to take in this role is selling the grantor’s home. Remember, selling real estate is...
Your California estate plan can be as simple or complicated as you want to make it. The more family members and assets you have to consider, the more involved your plan might become. For many people in California, a simple will is not adequate for their estate...
A trust is a legal arrangement whereby a third party holds your assets on behalf of one or more beneficiaries. Trusts can be established to transfer assets to heirs seamlessly. With the proper setup, a trust may also be beneficial to your estate in terms of saving...
If you’re like most people, you probably assume that when you pass away, a family member or friend will happily give your beloved pet a good home. Maybe they’ve even told you they would. Unfortunately, too many pets end up in animal shelters because their owner died...