If you are in direct personal possession of property at the time of your passing, even if you have a last will, the property would become probate property initially.
Topics covered in this whitepaper include:
- Insurance Policy Records
- Property Held in Joint Tenancy
- Payable on Death Accounts
- Revocable Living Trusts
Click here to read the whole article or download the PDF.
Litherland, Kennedy & Associates have been providing quality estate planning services in the Greater Bay Area since 1975. They are committed to helping those concerned with protecting their families from the devastating legal effects of disability and death. With the aid of public seminars, educational presentations, articles, and radio/television interviews, the law office has championed the use of revocable living trusts as a proven way to protect families from probate, to minimize or eliminate federal estate taxes, and to prevent the Medi-Cal Recovery lien. Roy W. Litherland and Justin M. Kennedy are certified as Legal Specialists in Estate Planning, Trust and Probate Law by the California State Bar Board of Legal Specialization. They are members of the American Academy of Estate Planning Attorneys and National Academy of Elder Law Attorneys.
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