As an attorney in California who specializes in estate planning, trust administration, probate, and more, I have seen firsthand the importance of having legal documents in place to protect my clients’ assets and ensure their wishes are carried out. However, one document that is often overlooked but equally important is a living will. A…
When you pass away, your family may need to go through the probate process in order to claim their inheritance. This would happen if you own property (like a house, car, bank account, investment account, or other asset) in your name only and you have not completed a beneficiary, pay-on-death, or transfer-on-death designation. Although having…
One would assume that celebrities with extreme wealth would take steps to protect their estates. But think again: some of the world’s richest and most famous people enter the pearly gates with no estate plan, while others have made estate planning mistakes that tied up their fortunes and heirs in court for years. Let us…
Prince was the latest in a string of celebrities who passed away without having an estate plan in place. When someone passes away without an estate plan, the government has a set of default rules regarding who will receive the deceased’s estate. Many times, this may include people you may not want to receive your…
