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November 2016 Archives

What ends a trust?

Many people use various kinds of trusts to preserve their assets and ensure that their intentions are stated and followed regarding their estates. There are different concerns involving trusts — how to establish and use them, the pros and cons of each type — but it can be unclear how trusts are terminated.

Special needs trusts

Trusts come in many shapes and sizes, each with their own specific purposes, advantages and restrictions. The crux of making the most of any form of trust is understanding exactly what you need, and how each form of trust may be able to most help you achieve your goals. One form of trust with a very specific purpose is a special needs trust.

End of life wishes in California

One of the most important aspects of creating a will is making your end-of-life wishes known and preparing for the worst before you are legally barred from making some decisions. Whether you are creating a will for the first time, or simply updating an extant will, you should make sure that you have clearly conveyed your wishes and assigned any necessary privileges while you still can.

Your will is the foundation of estate planning

You'll be hard-pressed to find anyone who enjoys the thought of drafting a last will and testament, as contemplating one's own mortality is hardly pleasant. Still, doing so will not only ensure that your heirs receive what you want them to get from your estate after your death, but it should also give you some peace of mind.

Ways to form a trust in California

Creating a trust can take many forms, but in order for it to be honored by a court or government agency, it must be formed validly. California offers its residents several options for creating trusts that may be honored, depending on the nature of the trust being created and its intended use.