In California, a holographic will is a will that is handwritten. While they are legal in the State of California, they are often contested during the probate process. In this post, we’re going to look at the requirements of California holographic wills and some considerations you should keep in mind when determining whether this is the right sort of will …
Named as an Estate Administrator or Executor? Here’s What You Need to Know
Being named as an estate administrator or executor can be an overwhelming experience. There’s a good chance that the person who named you didn’t give you a copy of their will (let alone their entire estate plan, including an inventory of their assets). What do you do? Where do you start? In this post, we’re going to look at your …
California Advanced Health Directives: What Are They? What Do They Do?
A California advanced health directive acts as an important part of an estate plan. It’s often used as a stand-alone document, too. If you’ve been hospitalized in California, then you were probably asked if you had an advanced health directive. If you said, you may have even been asked if you’d like to create one.
Estate Planning Basics: What Is an Estate Plan?
There is a major misconception about estate planning. That is: estate planning isn’t for everyone. It’s easy to understand why this incorrect notion has made the rounds. It’s something that we all think about when it comes to assets. There are people who believe that because they don’t own multiple properties, have millions of dollars in the bank, or expensive …
Estate Planning Mistakes to Avoid
Estate planning is meant to make the probate process easier. The documents you would use to plan your estate depend on many factors (although there are some basic forms that every estate plan should include, such as a Last Will and Testament). Because the planning is individualized, it’s important to be aware of the most common mistakes in estate planning …
Estate Planning in California: Most Common Documents Used in a Simple Estate
Estate planning in California can involve several steps since the purpose is to provide for your heirs or otherwise ensure that your assets are used in the way that you want after you die. A well planned estate also minimizes estate taxes and helps reduce problems between the survivors. In this post, we’re going to look at the most common …
What Are the Duties of an Estate Administrator in California?
In California, an Estate Administrator can either be named as part of your estate plan or one can be appointed by the probate court. In a previous post, we discussed some important points about naming an executor. If you haven’t read that post, make sure that you do. Choosing the right Estate Administrator is important because this person will have …
CA Probate Law: What Assets Will Pass Through Probate?
CA probate law outlines the probate process from start to finish. For most people, reading the law is the last thing they want to do particularly when they are dealing with the loss of a loved one. One of the most common questions people have regarding CA probate laws is: which assets will pass through the process? Here’s what you …
Probate Cost: How Is the Cost of Probate Determined in California?
When you die, your family will have a lot on their plate. It’s a stressful time. They must look for your will, take care of your funeral or memorial service, begin the probate process, follow through on the instructions of your will or with the decisions made by the probate court if you had no will, and make an accounting …
California Intestate Laws: Here’s What Happens If You Don’t Have a Will
Many Californians don’t create a will. A Last Will and Testament (commonly just referred to as a “will”) is used to direct the distribution of your assets. It also plays another important role. If you die and leave behind minor children, your will appoints someone to care for the children until they are adults. Additionally, any assets that you want …