When a married couple decides to divorce, the division of assets, including a family business, becomes pivotal. Valuation, ownership and communication are key factors in navigating this complex process. Ultimately, seeking professional assistance and prioritizing the...
Month: September 2023
What are the benefits of a living trust?
Some estate planning tools, like living trusts, can help with estate distribution and asset management. This option works by having a trustee overseeing your estate until later, when it is time for distribution. Unlike other trusts, the terms and conditions of this...
5 basic components of an estate plan
When it comes to securing your family's future and ensuring they honor your wishes, having a comprehensive estate plan in California is important. Although everyone has different circumstances, most estate plans include a few basic ingredients. 1. A well-defined will...
Who can be my estate’s representative?
Whether you have a will or not, the law has specific procedures to properly deal with your estate's administration. A vital step in this process is appointing someone to represent your estate. This person is usually responsible for completing necessary tasks for both...