Many people are unfamiliar with the term “probate” and may even be intimidated by it. However, it’s not as scary or complicated as you might think! Probate is a legal process through which an estate is administered and distributed to heirs according to the instructions of a deceased person’s last will.
Every person once in a life thinks of this question: “When is probate required?” If you ask yourself the same question, you have come to the right place. Probate is a legal process
Purpose of an Irrevocable Life Insurance Trust (“ILIT”) Typically, proceeds from a life insurance policy are included in the owner’s gross estate for estate tax purposes. Common triggers for incorporating the insurance policy
To form an LLC in California, the organizers must sign and deliver the articles of organization to the SOS for filing. An LLC is formed when the SOS has filed the articles. (Cal.
When forming a business in California, the first step is deciding what type of entity is best (for example, a corporation, partnership, or limited liability company (LLC)). The best entity form depends on
Considerations When A Loved One Dies: A Summary Of Transferring Property After Death Without Probate and Use of Personal Property Affidavit for collecting Personal Property. Not every asset owned at death must be
It is with good intentions that people appoint more than one executor or co-trustee in their will or trust. Of course the executor in the case of a will, or the trustee in
Do you ever find yourself walking through a neighborhood, gazing at houses, and wondering why some are for sale but don’t appear to have been actively marketed? Chances are that the property is
Are you pondering whether real estate law is your right career path? Or perhaps you simply want to understand what real estate lawyers do. Real Estate Law might seem complex and overwhelming at