Probate avoidance tools and strategies are an important part of a comprehensive estate plan. There are several reasons why avoiding probate should be an estate planning goal, including the cost of probating an estate. To encourage you to incorporate probate avoidance strategies in your estate plan, the Los Angeles estate planning attorneys at Schomer Law Group, APC discuss what it typically costs to probate an estate in California. Probate Basics Most people leave behind an estate when … [Read more...] about What Does it Cost to Probate an Estate in California?
Probate
Common Probate Mistakes and How to Avoid Making Them
If you were named as the Executor of the estate in a decedent’s Last Will and Testament, or you have been elected to handle the probate of the estate if the decedent died intestate (without a Will), you must focus on the legal and practical issues that arise following the passing of a loved one. If this is the first time you have administered an estate, you may be unsure of what is required. In addition, your emotional state may make it more likely you will make mistakes during the probate … [Read more...] about Common Probate Mistakes and How to Avoid Making Them
How Long Does It Take to Probate an Estate in California?
At some point in your life, you will likely be involved in the probate of an estate. That involved may come as a result of being appointed the Executor in a decedent’s Last Will and Testament or because you volunteer to oversee the probate of an intestate estate. You might also be named as a beneficiary or be a legal heir to the estate of someone who recently passed away. Regardless of the reason for your involvement, you will undoubtedly have questions about the probate process. For example, … [Read more...] about How Long Does It Take to Probate an Estate in California?
Herramientas y Estrategias de Evitación de Sucesiones
Evitar la sucesión le ahorra tiempo y dinero a su patrimonio. También puede agregar un elemento de privacidad a la distribución de sus activos patrimoniales para aquellos que lo deseen. Sin embargo, para evitar efectivamente la sucesión, debe incluir un componente de evitación de sucesiones en su plan integral de sucesiones. Con ese fin, los abogados de planificación patrimonial de Los Ángeles en Schomer Law Group, APC discuten herramientas y estrategias comunes para evitar … [Read more...] about Herramientas y Estrategias de Evitación de Sucesiones
Probate Avoidance Tools and Strategies
Avoiding probate saves your estate both time and money. It can also add an element of privacy to the distribution of your estate assets for those who want it. To effectively avoid probate, however, you need to include a probate avoidance component in your comprehensive estate plan. Toward that end, the Los Angeles estate planning attorneys at Schomer Law Group, APC discuss common probate avoidance tools and strategies. Why Is Avoiding Probate Important? Even a relatively simple estate will … [Read more...] about Probate Avoidance Tools and Strategies
How Do I Know If Formal Probate Is Required in California?
If you are overseeing the administration an estate in California you undoubtedly want to avoid the need for formal probate. Fortunately, some estates can avoid formal probate. You should always consult with an experienced probate attorney before deciding that an estate is not required to go through probate; however, the Los Angeles probate attorneys at Schomer Law Group, APC explain the basic requirements for avoiding formal probate in California. Probate Basics Probate is the legal … [Read more...] about How Do I Know If Formal Probate Is Required in California?
¿Necesito un Abogado que Me Ayude a Legalizar un Patrimonio?
Uno de los primeros pasos prácticos que se deben tomar después de la muerte de un ser querido es localizar la última voluntad y el testamento del difunto. La persona designada en ese testamento como albacea de la herencia está encargada de supervisar la sucesión del patrimonio del difunto. Si recientemente se enteró de que fue designado para ser el albacea de un patrimonio, es posible que se pregunte si necesita un abogado que lo ayude a probar el patrimonio. En última instancia, es su … [Read more...] about ¿Necesito un Abogado que Me Ayude a Legalizar un Patrimonio?
Do I Need a Lawyer to Help Me Probate an Estate?
One of the first practical steps that must be taken following the death of a loved one is to locate the decedent’s Last Will and Testament. The person appointed in that Will as the Executor of the estate is charged with overseeing the probate of the decedent’s estate. If you recently learned that you were appointed to be the Executor of an estate, you may be wondering if you need a lawyer to assist you with probating the estate. Ultimately, it is your choice; however, the Los Angeles probate … [Read more...] about Do I Need a Lawyer to Help Me Probate an Estate?
Contesting a Will in California – What You Need to Know
The death of a family member is a confusing time for those left behind as they try and focus on the practical and legal ramifications of their loved one’s passing. Questions may arise about the last days, weeks, or months of your family member’s life. You may even begin to question the validity of the Last Will and Testament purportedly created and executed by the decedent prior to his or her death which may cause you to consider contesting the Will. The Los Angeles probate lawyers at … [Read more...] about Contesting a Will in California – What You Need to Know
What Happens During Probate?
Probate is a legal process that takes place under the supervision of a court. There are certain steps that must be taken when an estate is being administered during probate, and we will take a look at them in this post. Initiate the Process If you are named as the executor of an estate, you would have probably discussed the location of the will and other important documents with the individual in question. However, if you are a family member and you have not been informed, you have to go … [Read more...] about What Happens During Probate?