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Recent Posts in Wills & Trusts Category

What is a Living Trust?

A living trust is an arrangement where one person is appointed as a trustee. Once appointed, the trustee holds legal title to property that is to be owned by another person, known as a beneficiary. ...
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Understanding Power of Attorney

In the legal community, a power of attorney is essentially a binding document that allows an individual to appoint another person or organization to handle his or her affairs in the event that the ...
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Tips for Creating a Simple Will

Creating a simple will is one way in which people can make sure that their close loved ones remain protected and financially secure in the event of their passing. It also allows people to make binding ...
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Francis Bean Cobain Involved in Family Law Dispute

Recently, news sources reported that Francis Bean Cobain is in the middle of a serious conflict with her mother. Francis is the sole child of alternative singers Kurt Cobain and Courtney Love. Reports ...
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How are Estates Divided Without a Will in California?

If a person dies without a will in California, the way in which their estate is divided and distributed is governed by a statute known as in intestate law. If the deceased person is survived by a ...
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Notes on Estate Planning, Part II

There are minimally, two important parts of an estate that one should know about. One is called a durable power of attorney and the other is a will . A durable power of attorney is for managing your ...
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A Few Important Notes on Estate Planning, Part I

Estate planning is very important and something that everyone needs to consider. If you wait until it’s too late to plan your estate, then those you love the most may be excluded from receiving what ...
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Some Basics on Having a Will

Basic Definition of a Will A will can be defined as a legal document where it is stated who is going to receive your estate after you have died. Additionally, it allows you to name a legal ...
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Protect Your Assets with a QTIP

QTIPs, short for Qualified Terminable Interest Property Trusts, are a way for people to further protect their assets and property in the event of divorce , separation, or death. These types of marital ...
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Simple Wills v. Pour Over Wills

A simple will outlines how a person would like their assets, money, and property to be divided and distributed to their beneficiaries upon death. These types of wills are best for people whose total ...
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