When a person creates their will, they generally pick a handful of loved ones to leave some of their assets to. In order to make this decision bound by law, they will outline who will inherit which assets in a will. The people who receive a decedent’s assets upon their death are known as beneficiaries. […]
Read MoreAre beneficiaries obligated to pay taxes?
What is an ABLE Account?
When families have family members with special needs to consider, one of the biggest concerns is determining who will take care of that person and support them when their primary caretakers pass away. In California, there are certain programs that may provide those with special needs with assistance so they are not left in the […]
Read MoreWhat is a Special Needs Trust in California?
Families of persons with special needs always try to do what they can to make sure that the disabled person is taken care of, after their primary caretakers are deceased. There are a number of programs that can assist in this goal, one of which being a Special Needs Trust. The person managing the trust […]
Read MoreProbate Law for People Who Left $150,000 or Less
Losing a loved one is never easy but it always eases some of the family’s pain when the deceased person has detailed what they want to happen with their assets in the future. Hopefully, your loved one has prepared a will and an executor to that will. This makes it simpler for the family members […]
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