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August 2015 Archives

2 of the biggest estate planning mistakes to avoid

Every Orange County, California, resident knows that he or she needs to establish an estate plan. However, if you have never created an estate plan before, there are a lot of mistakes that you might inadvertently make during the process of putting one together. This article will discuss two of the most common mistakes you want to avoid when it comes to estate planning.

Wills and estates in Orange County

Like it or not, the average California family might not get along very well when it comes to dividing the estate of a deceased loved one. The more money and assets are involved, the more chance there will be of family disagreements. Unfortunately, the average person will greatly underestimate their family's capacity for infighting and disagreement. It is vital to never forget this danger and to do everything possible during estate planning to ensure that the chance of bitterness, jealousy and fighting is reduced to the absolute minimum.

Are there different kinds of powers of attorney?

When selecting a power of attorney, California residents will have several options available to them. Usually, they will have the choice between a general power of attorney, a limited power of attorney, a health care power of attorney or a durable power of attorney.

Possible claims for Bobbi Kristina Brown’s trust money

Singer Whitney Houston's only child, Bobbi Kristina Brown, recently died, after inheriting only a fraction of her late mother's fortune. The 22-year-old woman had access to 10 percent of her estimated $20 million inheritance, which was placed in a trust. Bobbi Kristina's father, Bobby Brown, was divorced from Houston in 2007, five years before his wife's death.