Retirement Mistakes – Can You Afford Them?
Photo Courtesy of AAG You may not realize it now, but planning for your retirement takes a lot of work and a great deal of knowledge. Planning for your retirement can be overwhelming, and many are tempted to simply put it aside until a later date. If this sounds like you, then the best recommendation …
Can Property With a Mortgage Lien attached be Probated?
Question: My father owned a property when he died and the property had a mortgage lien attached to it. Do I have to clear the lien on the property before I can begin a probate to distribute the property? Answer: No. Although you may go forward and begin the probate, the mortgage lien will …
Issues With a New Marriage and an Outdated Will
Question: I am 57 years old and I have three adult children. I have been divorced from their father for 17 years. My Will distributes my estate equally between my three children. I would like to remarry, if I do, how will this affect my Will? Answer: A Last Will and Testament that was …
Do You Need a Living Trust? Estate Planning Mistakes
If you own real property or other assets, then quality estate planning is something you’ll benefit from. To ensure good estate planning you’ll need proper guidance from a San Diego lawyer to draft and implement your wishes. You’ll want someone who is experienced in: Minimizing taxes. Knowing how to avoid probate. Is able to prevent …
Family Pets – Have You Taken Care of Their Future With a Pet Trust?
The Family Pet – Have You Taken Care of Their Future With a Pet Trust? Arnold Schwarzenegger, the previous Governor of California, signed Code 15212 into law and it is now part of the California Probate Code. This law makes it easier to create an enforceable Pet Trust. A Pet Trust is created in …
Durable and Other Types of Power of Attorney
What is a Durable Power of Attorney? This is an often asked question. Many people don’t understand what a “Durable Power of Attorney” is, and what it can do for them over the years. If it’s not part of your estate plan, it should be. Below we’ll explore the different types of Power of …