A Lesson in Preparation The passing of a grandparent is a moment of reflection, remembrance, and often grief. However, when a grandparent departs without an estate plan, it can introduce complexity and stress during an already emotional time. This articleREAD MORE
Avoid California Probate
Regardless of the preferred record-keeping mode, most people have some sort of digital footprint, making it important to know who would have access to your digital assets if you became incapacitated and how those assets would be distributed in the event you pass away.
Probate court is a segment of the judicial system that oversees the execution of wills as well as the handling of estates, conservatorships and guardianships.
People who have had a serious case of COVID-19 are 66% more likely to engage in estate planning, and 32% of adults under 35 said they wrote a will because of the pandemic.
A competent elder law or estate attorney can discuss and use, where appropriate, such provisions as the family exemption, benefits to prepaying inheritance tax, even where the tax return is not yet complete and a listing of itemized deductions.
The law requires probate for a good reason. If a person dies, probate ensures that the property goes to the people who are supposed to inherit it.