The latest estate planning advice and articles from the Attorney Referral Service of San Fernando Valley Bar Association.
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California wills and trusts – what’s the difference? An estate planning attorney will guide you toward the best solution. Thinking about planning for the future? Understanding the difference between wills and trusts in California will ensure your estate is protected and executed according to your wishes. It can become a little complicated, so we encourage […]
Let’s talk about what goes in a will. You can’t take it with you, so before you go, you may want to protect your family by deciding how your property will be given to your descendants. Putting your wishes on paper will give you peace of mind, avoid hassles and arguments within the family, and […]
It can be somewhat disconcerting to think about passing on from this life and worrying about what happens to your estate and your heirs. So you may not have considered things like a will or trust. But at some point, you probably should. A will and/or trust will make sure that your estate and sentimental […]
We don’t like to think about the possibility of being in a critical accident or developing an incapacitating disease. Most of us won’t have to deal with those issues – but some will. And when that happens, someone will have to manage your finances and, in some cases, decisions surrounding your health care. To cover […]
Dealing with the death of a loved one is hard enough and the complications of inheritance and asset distribution can put a serious toll on family and friends. The process can seem confusing and complicated, especially when you’re grieving. So how does the whole thing work? How do we deal with wills (or estates without […]
When someone dies, what happens to the things they leave behind? That may include a home, a car, family heirlooms, cash, and other valuable assets. It may also include credit card, medical, or mortgage debt. Who gets the assets? Do the debts disappear or get passed along? Here’s what you need to know about wills […]
Conservatorships are court-supervised protective proceedings for adults who require special, formal assistance with their finances or their general residential and medical decisions, or both. Typically, the children of an ailing elder who can longer make decisions for herself or himself, frequently when dementia has set in establish a conservatorship. If the elder has valid Powers […]