How To Avoid California Probate With a Revocable Living Trust
One of the things anyone would not want for their loved ones after they pass is to be faced with the stressful, expensive, and time-consuming process of probate in California. Unfortunately, the probate court is where all estates end up both with and without a will. But it does not have to be. By doing […]
Professional Trustee: What Is It and Should I Use One?
If you have created a trust, you have likely appointed yourself or someone close to you as your trustee. Many people do this, and there are advantages. However, there are situations in which it can be to your benefit to appoint a professional trustee in California to oversee your estate. At Keyes Law Group, our […]
The Importance of Choosing a Successor Trustee
You have worked hard to pay for a home, build a retirement plan, and make sound investment choices. If you have created a trust to protect and manage your assets, you may have named yourself as the trustee so you are able to manage your finances. However, if you are no longer able to manage […]
Why Funding Your Trust Is Important and How To Do It
Establishing a trust is an essential component of responsible estate planning. Unlike a will, which must undergo the probate process in court, a trust streamlines the distribution of your assets after your passing by bypassing this step. But just how crucial funding a trust is? To fully understand the importance and methodology of promptly funding […]
Holding Real Estate in an LLC
A Limited Liability Company, also called an LLC, it’s a type of business entity. An LLC is intended to shield the LLC owners, called members, from lawsuits filed against the operations or property held in the LLC. Many real estate investors use LLCs to hold investment or rental property. Assuming the LLC is properly managed […]
Five Common Mistakes in Estate Planning
No one wants to think about death, let alone plan for it. But if you don’t have an estate plan in place, the state will decide who gets your assets and how they’re distributed. This can lead to costly and time-consuming legal battles between family members. Avoid these five common mistakes when creating your estate […]
Are There Net Worth Requirements to Have a Living Trust?
A living trust is a legal document that outlines how you want your assets to be managed during your lifetime and after death. A living trust can provide peace of mind and help avoid probate, which is the court-supervised process of distributing your assets after your death. You can name a trustee to manage the […]
Benefits of Making Sure Your Estate Is in Order Sooner Than Later
Estate planning is one of the best things you can do for yourself and your loved ones. Having plans will save you, especially your family, money, time, and even uncomfortable decisions. If you live in California especially, you want to get the best professional help to guide you through the benefits of this very important […]
California Estate Plans: What Is in One, and Why Do I Need One?
Thinking about creating an estate plan isn’t something restricted to wealthy individuals, and it doesn’t just include your home. Here’s some information about estate planning in California and why you should consider speaking with a reputable law firm like Keyes Law Group about putting a plan in place. Why Is Estate Planning Important? An estate […]
Conservatorship vs Power of Attorney in California
Power of Attorney A power of attorney is a document that names a series of agents who can take actions for you if you are unable to act for yourself. When the person having the power of attorney is unable to serve, the agent can take over financial management for them. You can appoint close […]