Profile cover photo
Profile photo
Citadel Law Corporation
9 followers -
Your Estate Planning Law Firm
Your Estate Planning Law Firm

9 followers
About
Posts

Post has attachment
If someone dies without a valid will, according to California law, they are considered intestate. When this occurs, the state will distribute the person's assets, and the state will also determine who will care for children under the age of 18 who do not have another living parent to do so.

California has its own set of processes to determine who gets what and how much of it. Generally speaking, the law provides the majority of assets to parents, spouses and children. When there are no living parents, children or a spouse, assets will normally go to the closest living relative.
Add a comment...

Post has attachment
Many people make the egregious error of assuming that estate planning is only for the very wealthy; nothing could be further from the truth.
Add a comment...

Post has attachment
Trusts are an important form of estate vehicle, and they come in many varieties. One of these is the charitable remainder trust, commonly referred to as the CRT. CRTs provide numerous advantages for those who want to leave a legacy behind for a noble purpose. Here's how they work.
Add a comment...

Post has attachment
Learn how estate planning works and why you shouldn't neglect it and all the basics you need to understand.
Add a comment...

Post has attachment
Should You Get a Living Trust? A living trust is a legal document that allows your assets to be put into a trust and handled the way you choose during your lifetime. When you eventually pass on, the assets will be transferred to your beneficiaries without the need to go through probate court.
Add a comment...

Post has attachment
An estate plan is a set of documents that detail your wishes related to your passing and names who will make choices for you if you are unable to. Issues dealt with by estate plans include who will receive your property, who will take care of your children and who will make medical and financial choices for you in your stead.
Add a comment...

Post has attachment
Charitable remainder trusts allow individuals to further noble causes, look after beneficiaries and avoid taxes. Whether they're set up inter vivos while a donor is still alive or following their death as testamentary vehicles, these trusts are associated with a number of unique benefits. This basic guide should make it easier to understand the nuances of different giving plan options.
Add a comment...

Post has attachment
Living trusts are ideal for individuals who have complex personal and financial circumstances. Other than saving on time and money, a living trust ensures that the individual's personal information remains private.
Add a comment...

Post has attachment
To help you determine which firm is right for you, here are a few questions that can help you get a better feel for what an estate planning attorney can do for you.
Add a comment...

Post has attachment
Probate is the process of handling debts and assets that are left behind by a deceased person. Having a will can go a long way in assisting bereaved family members deal with the aftermath of a death, which is why it’s so strongly recommended. However, people sometimes never get to working on their will for a variety of reasons.
Add a comment...
Wait while more posts are being loaded