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What is Estate Planning?
Estate planning is about planning for your family — and for making sure that you, and they, are cared for at a time of incapacity or at the time of death. Estate planning can involve a will, trust, power of attorney, healthcare directive, or other documents.
What happens if I die without a will?
If you die without a will in California, then the state decides who gets your stuff and things. There’s an order of preference depending on who survives you, but it can take a long time to get there!
What is an executor, administrator, and a successor trustee?
An Executor is when there’s a will; an Administrator is when there’s no will; a Successor Trustee is when there’s a trust. Executors and Administrators are subject to Probate Court; the Successor trustee is not.
Why do I need a will if I have a trust?
A will and a trust are part of a comprehensive estate plan in California; the will helps with three aspects of your plan.
When should I create an estate plan in California?
There is no time by which you must have created an estate plan, but there are several factors that usually lead someone to create one.
How do you administer a trust?
How you administer a trust depends on exactly what the trust says at the time it needs to be carried out.
What happens if you die without a will?
What happens if you die without a will? The state gets to decide where your stuff goes.
What is Estate Planning?
Estate planning involves making decisions about what happens to you, your things, and your kids while you are able to do so.
Who should I pick as my trustee?
Who should I pick as my trustee? Or successor trustee? There are some things you should consider when deciding.