Author Archives: admin
Duties of a Successor Trustee
If a decedent had a properly drafted and funded trust, probate is generally not required. Unlike a will, a trust is a private document and need not be filed with the probate court. Nonetheless, the successor trustee must still take steps to administer … Continue reading
Frequently Asked Questions About Probate
1. How long does a California probate proceeding take? A “short” or “summary” probate proceeding can take as little as approximately 30 days. However, not every estate qualifies for the “short” or “summary” probate proceeding. A “full” formal probate proceeding … Continue reading
California Short Sales And Deficiency Judgments
There are numerous realtors who promise to obtain a short sale for your underwater property, claiming that this will allow you to walk away from the property without further liability, while preserving your creditworthiness. They tell their clients that California … Continue reading
Answers About Estate Planning
1. What is estate planning? Estate planning is a process. It involves people—your family, other individuals and, in many cases, charitable organizations of your choice. It also involves your assets (your property) and the various forms of ownership and title … Continue reading
What Everyone Should Know About Wills
1. What Is a Will? Your will is a legal document in which you give certain instructions to be carried out after your death. For example, you may direct the distribution of your assets (your money and property), and give … Continue reading
California Residential Landlord-Tenant Law
KEY PROVISIONS OF CALIFORNIA RESIDENTIAL LANDLORD-TENANT LAW[*] A. Tenancies and Rental Agreements A residential tenancy is created by a rental agreement, which may be either oral or in writing, express or implied, for a fixed term or on a periodic … Continue reading
What is a Living Trust?
1. What is a living trust? It is a written legal document that partially substitutes for a will. With a living trust, your assets (your home, bank accounts and stocks, for example) are put into the trust, administered for your … Continue reading