March 3, 2024
What assets should not be in a trust in California?

What Assets Should Not Be in a Trust in California?

Trusts are a type of estate planning tool that can provide a range of benefits for both the owners of property and their families. Establishing a trust can help give you peace and security that certain property you own will be distributed to your loved ones according to your wishes after you pass. However, some may ask, “What assets should not be in a trust in California?” Learn more and see how working with an […]
February 16, 2024
Is probate mandatory in California?

Is Probate Mandatory in California?

If you are dealing with the loss of a loved one, then you may also be handling that loved one’s estate. There are many legalities that must be addressed before the estate can be distributed to beneficiaries. Maybe you are preparing your own estate plan. When it comes to the probate process, you may be asking: is probate mandatory in California? No one looks forward to planning for the end of their life, but without […]
January 18, 2024
What assets should not be in a trust?

What Assets Should Not Be in a Trust?

Estate planning is a critical part of ensuring that your assets are secure and transitioned properly to the people or organizations you want, and a living trust can be used as a valuable instrument in estate planning. Trusts offer several significant advantages, like allowing you to dictate the distribution of your assets. However, it’s also important to understand what assets should not be included and why; every individual estate is unique and needs personalized attention […]
December 25, 2023
What are the basics of estate planning in California?

What Are the Basics of Estate Planning in California?

Estate planning is an essential element of both asset protection and allocation. However, an estate plan is not just for the wealthy. An estate plan is simply a tool to ensure your assets are protected and distributed in such a way that works to your advantage and your family’s interests. By partnering with a California estate planning lawyer, you can ensure that your wishes are carried out. What Is an Estate Plan? Your estate includes […]
February 9, 2022
What Are the Five Components of Estate Planning?

What Are the Five Components of Estate Planning?

Creating an estate plan is something many individuals don’t think about until they have a family or significant assets. However, it is actually a wise step for anyone to take for several reasons. Such plans include legal documents that may be necessary in the event of an unexpected health issue. A good plan can help maximize the legacy a person leaves to their heirs, regardless of the size of their estate. To fully grasp the […]
January 22, 2022
What Is Trust Administration?

What Is Trust Administration?

The loss of a loved one is a difficult and stressful time, and settling their estate often adds an additional burden on the individuals who cared about them. The process of trust administration is the means of settling an individual’s estate when they have a trust in place. This often alleviates a great deal of anxiety for those who are mourning. The Complexities of Trust Administration Oftentimes, when an individual signs a trust document, they […]
December 9, 2021
What Are the Four Basic Types of Wills?

What Are the Four Basic Types of Wills?

Planning for your family’s future can be a stressful and unsettling process. Trying to navigate estate law and probate court in the state of California is a major undertaking—even in the best of times—and, when it comes to preparing your will, a single mistake can cost you and your loved ones dearly. By working with a reputable, high-powered family law attorney like Paul V. L. Campo in Vista, CA, you ensure that your assets, your […]