Tag Archives: Probate

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