A diagnosis of a disabling medical condition can be devastating and life-altering. Sadly, Alzheimer’s disease and dementia are only a couple of the age-related conditions that can keep you from being independent in your senior years. You and other California residents may wonder how to protect your assets and your loved ones’ inheritance if you are diagnosed with the early stages of Alzheimer’s.
You may know that certain wills and trusts have different benefits. However, as we at the Law Offices of Roshni T. Desai, are aware, different types of estate planning in California can also have limitations.
When you become the executor over someone else's estate, you automatically assume a high level of responsibility, and failing to uphold your end of the deal can lead to considerable hardship and expense. Because so many people who take on the executor role are doing so for the first time, it can be easy to make errors, and many such errors arise because of a lack of knowledge about the process rather than malicious intent.
Californian residents like you who are dealing with establishing guardianship will have a lot on your plate. The Law Offices of Roshni T. Desai are here to help guide you as you determine what you need to know about guardianships and how they factor into your unique situation.
As a young person, you have more immediate concerns than familiarizing yourself with estate planning and probate, right? Wrong. Despite being young, many of your loved ones are not. When their time comes, it's likely that they will have chosen, or the state of California will choose, someone to manage the distribution of their money and property, also known as their estate.
Californian residents who are handling an estate after the passing of a loved one will have to deal with state taxes as well. These matters can get complicated quickly and making mistakes can be costly, so it's best to have some guidance throughout the process.