Sibling conflicts are not an uncommon occurrence. They often happen between siblings of all ages and types and can range from mild to relationship-ruining. Of course, no matter the severity of the conflict, old hurts can always end up exacerbated during probate. This...
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Do siblings take each other to court during probate?
Sibling rivalries will often happen, with many siblings experiencing disputes of varying degrees of intensity throughout their childhoods and even into adulthood. Certain things can come along that reopen old wounds, too. This is often the case when a parent dies and...
Should you have an advance directive?
When working on your estate plan, most of your time and energy goes into creating documents that will come into play after your death. But not every document works this way. Living wills, for example, go into effect while you are still alive. So do advance directives,...
Choosing between an irrevocable and revocable trust
Whether an irrevocable or a revocable trust works best for your purposes will depend on your objectives for creating one. Consider tax benefits, ownership, flexibility and debt when deciding between the two. While both trusts efficiently distribute assets to your...
How should you approach someone about overseeing your estate?
A critical component of an effective estate plan is naming someone to be your executor. Without a trusted individual to oversee the closure of your estate, your plan may lack the support to work the way you intended. Approaching someone about his or her willingness to...
3 important estate planning steps
Estate planning can seem like a complicated task, but it does not have to be. In addition to writing a will and possibly setting up a trust depending on your circumstances, there are a few key steps you should consider in your estate plan. 1. Name an executor The...
Unmarried people have unique estate planning needs
Not everyone is in a marriage with two or three kids. Residents of San Diego and other areas of California may want to learn more about estate planning when it comes to those who are single. Certain documents may be a priority when or if the single person is unable to...
Items for your estate planning checklist
Estate planning is best done sooner rather than later. California residents will want to be prepared in the event of death. If you aren't sure how your estate should be managed after your passing, then start with this estate planning checklist. Here are some general...
Why every California resident needs estate planning
Like many people, you may have been putting off estate planning because you think that you're not wealthy enough. However, estate planning is for everyone. Read on to discover the importance of estate planning and why it is vital for you and your family regardless of...
Why might you need to update your estate plan?
If you own property in California, it may be a good idea to create a will or trust. It may also be a good idea to designate a financial agent who can manage your assets in the event that you can't do so yourself. If you have already created a will, a trust or other...