Blog Posts in September, 2010
Posted on Sep 30, 2010 By Renee Linares
As part of your estate planning goals, you should inventory all your assets and determine how you would like them distributed upon your death, or whether you would like to place certain assets in ...
Continue reading "What Type of Property is Transferable in Trust?" »
Posted on Sep 29, 2010 By Renee Linares
As you get older, roles change, and you think about how you can care for your parents in their golden years. One option is to create a Special Needs Trust for your parents. You can create a trust and ...
Continue reading "Caring for Your Parents: Special Needs Trusts" »
Posted on Sep 28, 2010 By Renee Linares
When you start a family, your future plans include what is best for the entire family, not just the individuals. That is why some families consider setting up Family Pot Trusts. A Family Pot Trust is ...
Continue reading "Should you Consider a Family Pot Trust?" »
Posted on Sep 27, 2010 By Renee Linares
When you create a trust you appoint a trustee to act in your best interests and manage the trust for the benefit of your designated beneficiaries. However, in certain situations you may consider ...
Continue reading "Should you Appoint Co-Trustees to your Trust?" »
Posted on Sep 24, 2010 By Renee Linares
Many people opt to place their property in a trust during their lifetime, as part of the estate planning process. This helps to avoid the additional costs incurred by putting the property through ...
Continue reading "Using a Trust to Avoid Probate" »
Posted on Sep 23, 2010 By Renee Linares
If you have long term wealth management goals, a trust may allow you to manage your wealth. You may not want to spend the majority of your time managing investments or you may be ill and unable to ...
Continue reading "Trusts Can Assist You to Manage Your Finances" »
Posted on Sep 22, 2010 By Renee Linares
If you have questions about how to avoid placing certain property into probate upon your death, you should consult with an experienced Los Angeles estate planning lawyer.
Continue reading "Fact or Myth: Will Setting up a Trust Help you to Avoid Probate?" »
Posted on Sep 21, 2010 By Renee Linares
Alot of people assume the only reason to create a trust is to avoid probate court. Although trusts may help avoid placing property in probate court, there are many other useful reasons to create a ...
Continue reading "You may Create a Trust to Manage Your Property" »
Posted on Sep 20, 2010 By Renee Linares
Are you a decisive person? If so you may want to consider drafting an irrevocable trust. An irrevocable trust is a trust where the settlor (person who drafts the trust), retains no power to alter, ...
Continue reading "Irrevocable v. Revocable Trusts" »
Posted on Sep 17, 2010 By Renee Linares
When considering your estate plan, you have a variety of options. Particularly, if you are considering drafting a trust. The two most common types of trusts are an Inter Vivos Trust and a Testamentary ...
Continue reading "What's the Difference between an Inter Vivos Trust and a Testamentary Trust?" »
Posted on Sep 16, 2010 By Renee Linares
Bill Gates has often said that he will leave the bulk of his wealth to charity when he passes away. However, charitable giving can be done on a large and small scale. One way to set up charitable ...
Continue reading "Donate to Charity through a Charitable Remainder Trust" »
Posted on Sep 15, 2010 By Renee Linares
What happens to your bank accounts when you pass away? One way to deal with bank accounts is to create a Totten trust. A Totten trust is also called a "payable upon death" account. The account holder, ...
Continue reading "Totten Trust Accounts" »
Posted on Sep 14, 2010 By Los Angeles Estate Planning Attorney
Sometimes "legalize" can be confusing since attorneys seem to have their own language to describe estate planning. For example, even setting up a basic trust may involve terms you are unfamiliar with ...
Continue reading "What is all this "Trust Talk"?" »
Posted on Sep 13, 2010 By Renee Linares
Being named somebody's executor is a large responsibility. As the executor of a person's estate, you will have the responsibility of ensuring that their will is distributed pursuant to their last ...
Continue reading "As Executor, Whose Attorney do You Chose?" »
Posted on Sep 9, 2010 By Renee Linares
Being appointed a Guardian is a huge responsibility. There are many circumstances under which a minor child would require a guardian. This blog is limited to the circumstance where a minor child's ...
Continue reading "Can YOU handle being appointed a Guardian?" »
Posted on Sep 7, 2010 By Renee Linares
In May of 2010, the California Court of Appeals ruled that the guardian of the Decedent's minor children, their mother, was entitled to priority over the public administrator for appointment as ...
Continue reading "Unmarried Mother Appeals to be named Administrator of 10 Million dollar Estate" »
Posted on Sep 6, 2010 By Renee Linares
Do you have what it takes to serve as a personal representative to administer the estate of a loved one or friend? In short, yes. However, whether you'd like to take on that level of responsibility is ...
Continue reading "Do YOU have What it takes to Serve as a Personal Representative?" »
Posted on Sep 3, 2010 By Renee Linares
The majority of people who do estate planning seek to avoid probate. In fact, part of avoiding probate involves having a savvy estate plan. estates must go through probate. Additionally, probate is ...
Continue reading "Property Not Subject to Probate" »
Posted on Sep 1, 2010 By Los Angeles Estate Planning Attorney
In March of 2010, the California Court of Appeals ruled once again on in re: Marshall which became infamous as the "Anna Nicole Smith" case. Sadly, now all the parties to this action are deceased. ...
Continue reading "Make sure your Loved Ones are Provided for: A Case Study" »