If you are considering your end-of-life wishes as you enter your golden years, or simply because of a life-threatening medical condition, you want to be sure that those you love have very clear directions about how to carry out those wishes.
For many individuals who reach the stage in life when they start thinking about estate planning, forming a trust seems like an obvious choice. Still, it can seem a bit like legal magic without a proper understanding of the basic functions and creation process of trusts.
If you're like many people, the things you own are merely things — except for those belongings that carry great personal significance to you. As you survey your assets and evaluate an estate plan, you may realize that you have certain possessions you want to ensure receive proper love and care after you pass away.
Here in California, we enjoy a large number of non-U.S. citizens as a significant portion of our state residents. This reflects well on California as a progressive state that values people of all backgrounds, but also implies a number of legal issues when it comes to estate planning that one should not overlook.
If you recently faced the loss of a close relative or loved one, you most likely had to deal with a will. Very often, one party or another believes that a will is invalid, and wonders if it is possible to challenge the terms of the will.
At one point or another, you may have found yourself in the position of having to settle the estate of a loved one. Doing so may have made you acutely aware of the difficulties of handling a decedent's estate without a proper will in place.