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What makes a will invalid?
If you have worked hard your entire life, it’s only sensible that you make clear what you want to happen to your estate when you die. This is where will creation comes in. Without a will, California intestacy laws would…
Who is an eligible designated beneficiary?
An eligible designated beneficiary refers to an individual designated as a retirement account beneficiary. The designation is crucial as it provides certain tax advantages and influences the distribution of the account after the original account holder’s demise. Categories of eligible…
What is a probate advance, and do you need one?
Probate advances, often known as inheritance or probate loans, are financial tools that allow heirs to access their inheritance before the probate process concludes. This financial option can be a lifeline for individuals facing financial challenges or urgent needs, providing…
Addressing sibling rivalries during estate planning
Estate planning is a nuanced process, and it largely centers around ensuring that your assets go where you want them to upon your death. You can also use estate planning tools to designate suitable individuals to take care of your…
How to talk to your loved ones about your estate plan
You’re already ahead of many people if you’ve decided to create an estate plan. But the process doesn’t end there. Talking openly with your family and loved ones about your plan is a crucial next step. Having this conversation can…
How are trusts funded?
People putting together estate plans may decide to include a trust among their resources for a variety of reasons. Some people want to leave money for a charitable cause instead of just for family members. Others may worry about a…
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