When you leave assets to your children in a Trust there are essentially two different ways in which they can receive them: outright or in trust. When they receive assets outright it means that the assets will be distributed to them now. When they receive the assets in Trust, it means...
Category: Estate Planning
When Can Assets Avoid the Probate Process in CA?
When someone passes away and leaves assets to be distributed, such as real estate, bank accounts, and other financial investments, their estate goes through a process called probate. An estate goes through this process whether or no they have will. During probate the court will name an executor (if there is a...
What to Know About Green Burials
As the focus continues to be on climate change, the environmental issues that plague our world have captured our attention. Many people are now looking at ways in which they can be more environmentally friendly – even after they pass away.
Green burials, often referred to as natural burials...
What’s the Difference Between a Power of Attorney and a Conservatorship?
When you’re establishing your estate plan, it can be difficult to think about the possibility of incapacitation. We never want to think about our loved ones as anything other than happy and healthy. However, while we pray that it will never be relevant, it can be extremely helpful to ensure that they...