Tag Archives: Estate Administration

Estate Tax Law Changes: 2011, 2012 and Beyond

The Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act (“TRUIRJCA” or “TRA 2010″ for short) was signed into law on December 17, 2010. It was a compromise bill and, as such, it suffers from two major defects: it leaves … Continue reading

Posted in Estate Planning, Wills and Trusts, Legal Articles, Newsletters, Wills & Trusts | Tagged , , , , , , , | 1 Comment

Essentials of Trust Funding

By itself, having a living trust document drafted and notarized will not effectuate the beneficial intentions of your estate plan. The problem is that a living trust will only accomplish your goals if you properly “fund” it. You have to … Continue reading

Posted in Estate Planning, Wills and Trusts, Legal Articles, Newsletters, Uncategorized, Wills & Trusts | Tagged , , , , , , , , , | Leave a comment

But, What Will Happen to Fluffy When I Die?

For many Americans, pets are more like a family member than a piece of property. Yet, more than 500,000 pets are euthanized in the U.S. each year because owners die or become incapacitated. The law treats pets as mere property, … Continue reading

Posted in Estate Planning, Wills and Trusts, Legal Articles, Newsletters, Uncategorized, Wills & Trusts | Tagged , , , , , , , , | Leave a comment

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

Posted in Estate Planning, Wills and Trusts, Legal Articles | Tagged , , , , , , , , , , , , , | Leave a comment

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

Posted in Estate Planning, Wills and Trusts, Legal Articles | Tagged , , , , , , , | Leave a comment

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

Posted in Estate Planning, Wills and Trusts, Legal Articles | Tagged , , , , , , , , , , , , , , , , | Leave a comment

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

Posted in Estate Planning, Wills and Trusts, Legal Articles | Tagged , , , , , , , , , | Leave a comment