When many people consider trusts, they may think this estate planning tool is only for the wealthy. However, middle-class Californians may also benefit from setting up a trust for their loved ones.
As an executor in the state of California, you'll likely need to go through the process of probate. This can be a complex and tricky procedure for anyone who hasn't experienced it once before. The Law Offices of Roshni T. Desai are here to help you through the entire process and explain exactly what you, as the executor, need to know.
Picture the beautiful ring your grandmother gave you before she passed away. Now think about that ring, sold in an estate auction, on the finger of a random buyer. If you could prevent this situation, you would do everything in your power to do so, wouldn't you?
Sooner or later, California parents begin thinking about how they will pay for their child's college education. Some people may want to consider setting up an educational trust.
Some California residents may not consider what will happen to their belongings if they die without a will. These assets are usually still given to a person's family members but it generally becomes the state's job to distribute these assets.