The state may also have to get involved with choosing guardians for your children, authorizing others to act on your behalf, and deciding other important matters. The state’s decisions may be very different than what you would have chosen. In addition, a lengthy probate process can cause delays, increased expenses, and a loss of privacy. Having an up-to-date estate plan makes your wishes known and makes things easier for your loved ones.
Tag Archives: Probate
26
Nov
Nov
The court assigns assets, such as retirement accounts and insurance proceeds, to a designated beneficiary. So, in this role, they receive different treatment and more protection from creditors.
19
Feb
Feb
While many assume that a will or trust signed in an attorney’s office is valid, such is not always the case. Attorneys who do not specialize in estate planning may be unfamiliar with the formalities required to make a will or trust legally valid in their state.
With probate court, the rules and processes differ depending on the residency state of the deceased. It’s important to understand the state-specific rules, which is why you need an experienced legal advisor. Skvarna Law Firm operates within California and understands the nuances between the different states. This post discusses probate law specific to probate law.