If you have recently lost a friend or loved one, you may be dealing with a host of emotions. It can be difficult to make critical decisions during such a hard time, especially when it comes to dealing with the final matters of the deceased’s estate. In some cases, the estate may enter into the probate process in California, which could add to the complexity of the situation. Probate is designed to ensure the validity of the will, if one was left behind, and to aid in the distribution of the property to beneficiaries.
Californians have a number of options available to them when they want to build a trust. One of these potential options is a revocable living trust, which has unique properties.
If you are considering getting your estate plan in order, it will be important to distinguish the differences between probate and non-probate assets.
As someone dealing with matters of the estate in California, you will simultaneously be dealing with someone else's assets. But what exactly are the assets you're meant to handle? How do you know what is or isn't an asset, and how do you distribute said assets?
As the California parent of a disabled or special needs child, you face unique estate planning considerations, and the decisions you make while making plans for the future can have a huge impact on your disabled child’s life after your passing. At the Law Offices of Roshni T. Desai, we recognize that you have many options at your disposal when crafting your estate plan, and we have helped numerous clients facing similar circumstances uncover solutions that meet their needs.