Three Things to Consider When Hiring Estate Planning Services in San Diego Many believe that estate planning services in San Diego are only for the wealthy; therefore, they assume that they do not need an estate plan. An estate plan… READ MORE
Author: Tim Foley
After death, the process of estate administration begins. During the administration phase, the individual’s assets are collected, creditors are paid, and the rest of the estate’s assets are distributed to beneficiaries in accordance with the estate plan. Probate assets are… READ MORE
Consumers service their vehicle at regular intervals, and they go to annual physicals to examine their health. However, most skip over the importance of routine maintenance on their estate plan. Just like health and vehicles, estate plans require routine maintenance.… READ MORE
Should a Consumer Trust an Online Trust? Online services help consumers do everything from open a bank account to buy a house and plan their estate. While these do-it-yourself services are cost-saving, an online trust established by these DIY sites… READ MORE
What Makes a Will Valid? A legal will in San Diego is one that will pass through probate without many issues. However, it is the executor’s job when executing the will to ensure that it is legal and valid in… READ MORE
Grounds for Challenging a Will A will contest is less common than consumers may think. By some estimates, 99 percent of estate plans will go through probate without a contest or question. However, when an estate plan does not meet… READ MORE
The Responsibilities of a Trustee for an Estate When estate planning in San Diego, it is important that a testator understands the responsibilities of a trustee; especially if they are nominating someone else as their estate’s administrator. The obligations of… READ MORE
Misconceptions about Probate Court Those going through an estate planning lawyer in San Diego must consult about probate court. Probate court is widely misunderstood among consumers; therefore, one may make selections for their estate plan without realizing the actual impact… READ MORE
Understanding the Issue of Undue Influence in Estate Planning It is common for a person to be manipulated by another when they are vulnerable or dependent on that person. Undue influence is performed on a sensitive person, which disrupts their… READ MORE
By making a revocable living trust, you have reduced the cost and expense of administering your estate at death. The slow, tedious, and expensive probate process is avoided. The person you named as successor trustee takes over for you. But… READ MORE