What is the difference between a will and a trust?
Understanding the difference between a will and a trust is very important to creating the estate plan you want to have in place.
Articles about Planning
What is a Spousal Property Set Aside?
A spousal property set aside is a simplified procedure to clear title to a property passing from a decedent to a surviving spouse. It is applicable to community property and separate property of the decedent and is used in cases where the surviving spouse desires to clear marketable title to the property and to determine the value of the property so as to establish the surviving spouse’s liability to creditors. Such a petition can only be filed by the surviving spouse (or registered domestic partner) and it is not available for property that is willed to someone other than the spouse.
Ademption: Why it Is Something You Want to Avoid in Your Will
Ademption is a legal term that means that there is no gift or property left to give. Continue reading to find out more information.
Can I pass on season tickets to a friend or family member when I die?
Having season tickets to events is awesome, but how do you pass on season tickets when you die? Read more here about how to do this.
What You Should Know About Community Property Before Creating an Estate Plan
How is community property treated in an estate plan? What about separate property? Find out what you should know before you create an estate plan.
How to Make Things Fair for All of Your Children When One Child Needs Help Now
What happens when you have one child that needs help before the estate plan is enacted? Make sure that you address this in your planning.