Why would I want a Revocable Living Trust? from Roy W. Litherland You have options when you are planning your estate.There is no reason to make any assumptions until you know all the facts. … [Read more...] about Why Would I Want a Revocable Living Trust?
We make an effort to get out into the community on an ongoing basis to bring good information to people here in the greater San Jose area. To this end, we present an ongoing series of informational sessions that cover various different elder care and estate planning topics. Our workshops and seminars are free of charge and open to the general public. During the month of May, we will be offering seminars that focus on the subject of living trusts. Why Consider a Living Trust? Some people are … [Read more...] about Free Living Trust Seminars Coming In May
You have many different options when you are arranging for the eventual transfer of your monetary assets to your loved ones. The utilization of a last will is going to come to mind, but you can also consider alternatives. If you retain personal ownership of your property up until the time of your death and arrange for its transfer through the terms of a last will, the probate process will become a factor. A last will must be admitted to probate. The probate court will determine the validity of … [Read more...] about Do I Lose Control of My Property If I Establish a Living Trust?
You have various different options when you are planning your estate. You can use a last will to record your final wishes regarding the transfer of your property, but it is not your only choice. Even if you are not wealthy, you may want to consider the creation of a revocable living trust as a vehicle of asset transfer. Probate Avoidance Probate is a legal process. When you use a last will to direct the transfer of your property, the will must be admitted to probate. During probate the court … [Read more...] about Why Should I Consider a Living Trust?
Probate is the legal process that takes place when your last will is admitted to the probate court. There are some pitfalls that go along with the process of probate in California. For one thing, probate is a public proceeding, so prying eyes can access probate records and find out exactly what went on during the process. Many people would like to keep their final affairs confidential. Time is another factor. You probably want your assets to be distributed to your heirs in a timely manner. … [Read more...] about Probate in San Jose California: Can You Avoid It?