
What Happens to Your Business If You Die Without a Will in California?
If you’re a business owner in California, you’ve likely put in years—maybe even decades—of hard
If you’re a business owner in California, you’ve likely put in years—maybe even decades—of hard
When it comes to planning your estate in California, we talk a lot about wills,
Let’s be honest—most of us don’t love thinking about worst-case medical scenarios. But planning ahead
A comprehensive estate plan is a set of documents that allows you to plan for incapacity, determine who inherits your assets and according to what terms, and select an individual to serve as guardian of your minor children. You can learn more here.
Under CA law, if you only have a will your property will be subject to probate court at your death. If you have a trust you can avoid probate court and your estate can be administered privately by your loved ones.
A California probate is very time-consuming and expensive. The personal representative and his or her attorney are both paid a percentage of the appraised value of the estate. There are also filings fees, publishing fees and appraiser fees associated with a probate that you typically avoid when you have a trust. You can learn more here.
Disclaimer: The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship. Brittany Britton is licensed to practice law in the state of California only.
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