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Tag Archives: Probate
Responding to Probate Court Petitions
You find out about a Probate court petition that you do not agree with. What do you do? According to Keith Davidson of the California Trust Estate & Probate Litigation Blog: When faced with a Probate Court Petition that you … Continue reading
Posted in Probate
Tagged Attorneys, Objections, Probate, Probate Court, Probate Petitions
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What is a Pour-Over Will? – Estate Planning Basics
It is time to get back to basics. A Living Trust takes the place of a Will. The Trust specifies how the estate is going to be disposed and who has the responsibility for carrying out its instructions. See … Continue reading
Posted in Estate Planning, Estate Planning Basics, Living Trusts, Probate, Trust Funding, Wills
Tagged Basics, Estate Planning, Pour-Over Wills, Probate, Suspenders, Trust Funding, Wills
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Adding Your Child to Your Bank Account is Not Such a Great Idea
A common means of avoiding probate is to put your child’s name on all of your accounts. This can create some serious problems, not least of which is if a creditor goes after your child’s assets and is able to … Continue reading
Posted in Beneficiary Designations, Estate Planning, Living Trusts, Probate
Tagged Beneficiary Designations, Estate Planning, Living Trust, Probate
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Jagger Inherits $9 Million
From the Telegraph: L’Wren Scott, the fashion designer who committed suicide last week, left her entire estate of $9 million to her long-time boyfriend Sir Mick Jagger, according to a new report. The contents of her simple will, which … Continue reading
Posted in Celebrity Probates, Probate, Wills
Tagged Celebrity Probates, Probate, Wills
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Pepsi Inventor Left Original Recipe to Heirs?
photo credit: Just Another Wretch Distribution of personal property items is often one of the most difficult obstacles to a peaceful estate plan. The symbolic meaning of keepsakes carries a weight far in excess of their intrinsic value. But a … Continue reading
Posted in Personal Property, Probate
Tagged Heirs, Pepsi, Personal Property, Probate, Safe Deposit Boxes
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Can I Avoid Probate of My House by Holding It in Joint Tenancy?
Joint tenancy might be a convenient estate planning shortcut, but it also brings some undesirable risks. Joint tenancy is a form of ownership of property where two or more people hold title to the property with right of survivorship, … Continue reading
Posted in Estate Planning, Joint Tenancy, Probate, Real Estate
Tagged Creditors Claims, Estate Planning, Joint Tenancy, Living Trust, Probate, Wills
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What Is So Bad About Probate and Why Should It Be Avoided? – Estate Planning Basics
Again it is time to get back to basics. Avoiding probate is a primary reason to set up a living trust instead of a will . There are several reasons to avoid probate, and in California particularly the reasons … Continue reading
Posted in Estate Planning, Estate Planning Basics, Living Trusts, Probate, Wills
Tagged Attorneys Fees, Creditors Claims, Estate Planning, Estate Planning Basics, Living Trust, Privacy, Probate, Wills
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