Estate planning is always a difficult thing to do, but it is something that must be done. In order to protect yourself and your family, you need to know where money and assets are going once you or your loved one has passed on. Dying without an appropriately set up will is extremely dangerous, as the government can access these items, heavily tax everything and simply reduce the amount of money and assets the family receives. However, with our Palm Springs trust and estate lawyers, it is possible to take care of the planning now for your peace of mind. Continue reading
Tag Archives: Trust and Estate Law
A certain type of attorney that most people will have to hire some time in their lives is an estate planning attorney. In a nutshell, this particular type of attorney will help a person in planning and maintaining his properties. Continue reading
When a person dear to you passes away, you can’t delay going through legal procedures. Even if you are grieving, these procedures still remain. They include managing the property and assets of the deceased, especially if you are the executor of the will. Continue reading
A trust or a living trust is a legal document that somehow acts as your will while you are living. It puts all your assets into a trust used later for your benefit until the time you die. It then transfers to your heirs or beneficiaries. Continue reading
The process of probate settles the estates of those who died without a will. Its purpose ensures that any of the deceased’s creditors are dealt with accordingly. Probate also ensures that the estate is distributed among the right people. Continue reading
The topic of this article is about a special type of California bank account sometimes known as a ‘Totten Trust’. It’s a very simple and quite effective way of avoiding probate, which is why it is also well known as a POD (payable on death) account. POD accounts are just bank accounts in which you name a beneficiary to inherit the funds once you die. Continue reading
Probate lawyers are an integral part of estate planning and estate settlement. Probate attorneys execute someone’s last will. Estate executors can hire lawyers to draft and record legal documents through the court or to help with administrative tasks. A Palm Springs Estate administration attorney can help with this. Continue reading
Financial planning is one of the most important aspects of protecting an estate. Not having a good estate plan may result in a lot of hassle. Mismanagement is the biggest cause for an estate to fail, which leads to having all of the money go to taxes. Continue reading
When preparing special needs trusts, we suggest contacting a Coachella Valley disability attorney because they are knowledgeable concerning details. If a family member is disabled with special needs, a special needs trust will ensure the individual has everything they need for their future. Continue reading
Members of the LGBT community know that it is important to plan ahead for their partners and families in case of accidents or illness. Put your plan together now and avoid leaving your partner in an awkward situation. Continue reading
