Probate Attorneys in San Diego

Facebook

Twitter

8:00 - 6:00

Our Opening Hours Mon. – Fri.

858-776-2081

Call Us For Free Consultation

Facebook

Twitter

Search
Menu
 

Blog List with Right Sidebar

High moral and ethics standards.
Balboa Park Probate Law > Blog List with Right Sidebar (Page 13)

Stieg Larsson– Another Example of Why Estate Planning is So Crucial

In case the name does not call any bells offhand, Stieg Larsson is the author of the granting winning novel turned movie, The Lady with the Dragon Tattoo. Larsson was a Swedish journalistic all his life who turned author literally months prior to his death. Ultimately, his estate was valued at upwards of $50 million and climbing; nevertheless, his long-lasting partner didn't get a cent as a result of Larsson's lack of an estate plan.Larsson was a controversial journalist throughout his life who, like lots of writers, chose to write an unique in his extra time later in life. The...

Continue reading

Elements of a Great Estate Plan

A comprehensive estate plan should be designed to avoid probate, conserve on estate taxes, select someone to act for you if you become handicapped, and secure assets if you need to move into a retirement home.A will is just one aspect of a total estate plan. All estate plans need to likewise include a durable power of attorney. A trust works to avoid probate and handle your estate throughout your life and after. Medical instructions and recipient designations are supplements you ought to consider. Power of AttorneyWillTrustSpecific trusts can assist donors certify for Medicaid, lead to tax benefits both for...

Continue reading

Common Concerns about Florida Oral Wills

- Answer: A nuncapative will is merely an elegant way to state oral or verbal will. With an oral will, the testator-- the person who makes the will-- mentions his or her desires verbally rather of writing them down.Question 2: Can I utilize an oral will instead of a composed will?Answer: Not in Florida. Though a little minority of states currently permit individuals to use an oral will, Florida is not one of them. Even if you make a declaration about how you desire your property to be distributed after you die, a Florida court will not acknowledge this as...

Continue reading

Passing a Timeshare to Heirs

Timeshares hold an interest in a property that is thoroughly divided amongst the numerous owners that then hold a partial realty property contractual arrangement. In certain cases, the person that owns the interest in the building might pass on the timeshare to his/her successors, however she or he might require to think about the state laws where she or he lives as well as the property.Living Trust Timeshare TransfersWhen the estate owner creates a legal entity during his or her life time, she or he may generate a living trust. This individual is a trustor and will hold the possessions...

Continue reading

Advanced Directives and Why You Required One

Nobody understands what the future holds, in reality thinking of the future can be a scary thing, especially when considering your health as you get older.Couple of things should be more crucial in life than your future healthcare and planning for your children. If you are still fit to do so you get to choose your favored treatment. You likewise, as an informed grownup can refuse medical treatment if you understand the most likely result of saying no to treatment.But, what happens when you can no longer take care of yourself? Advance Regulations give you a voice when you may...

Continue reading

Texas Intestacy Situations 4 Typical Circumstances

If you die in Texas without leaving behind a valid last will and testimony, all your property goes to owners that are pre-determined under Texas law. These laws, called intestate succession laws, offer your property to those related to you. The only way to change these laws from using to your estate is by developing a valid will and making your options yourself.Scenario 1: You die without a spouse or kids. In this scenario, your moms and dads acquire your estate. If only one moms and dad survives your death, half goes to the surviving parent and the other half...

Continue reading

Fiduciary Responsibilities Connected To Estate Planning and Administration

When an individual passes away, his/her estate needs to be administered, debts settled and assets distributed. Often these tasks fall to a fiduciary such as an attorney, a trustee, a personal agent, an administrator or an executor.When an individual dies, his or her estate has to be administered, debts settled and assets distributed. Typically these tasks are up to a fiduciary such as a lawyer, a trustee, a personal agent, an administrator or an executor. In the context of wills and trusts, a fiduciary holds a position of trust and is accountable for holding and handling property that belongs to...

Continue reading

Estate Planning Keeping Raiders in Davis Household

If you were to make a brief list of the most influential owners in the history of expert football Al Davis would certainly be at or near the top of the list.Davis ended up being well-known for the catchphrase "Just win, infant," and for many years numerous of his groups were undoubtedly rather effective. The Raiders won an AFL championship prior to the NFL and AFL merged, and after the merger they won three Super Bowls in 4 tries. Davis was extremely appreciated by his peers and was granted the ultimate nod when he was inducted into the Specialist Football...

Continue reading

Can the Home Mortgage Holder of the House I Shared with My Partner Pursue Me for Collection?

In some cases 2 individuals might be cohabiting in one home and the owner of the home might pass away. When the individuals own the property as joint occupants with right of survivorship, the circumstance is not too complex because the remaining owner takes in the other owner's portion of the property.Moving OwnershipProperty is normally moved in one of two ways: by will or by deed. A person may name an individual that she or he desires to inherit the property at the time of his/her passing. If the person did not have a will, the laws of intestacy would...

Continue reading

What Are My Rights Under Community Property Circulation?

While the bulk of states need that assets be distributed in a fair division upon divorce, community property states view all property that was collected throughout the marriage to be the equal property of both partners.Neighborhood Property StatesArizona, California, Idaho, Louisiana, Nevada, New Mexico, Texas, Washington and Wisconsin are community property states. All others are equitable circulation states. Nevertheless, Alaska permits partners to concur on having their marital estate divided through equitable distribution. In addition, even if couples get separated in a fair distribution state, community property rules may still apply if either partner had property in a community property...

Continue reading