While we all know that tomorrow is not guaranteed, it is a difficult concept to accept and work with, especially if you have minor children. Estate planning provides the tools you need to anticipate your loved ones’ needs. A comprehensive estate plan details your wishes for how your assets will be distributed. It also enables […]
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Estate planning is a structured approach to anticipating and planning for your future and the future of your loved ones while you are healthy. A comprehensive estate plan ensures minor children have named guardians, you and your loved ones are financially cared for throughout your lifetime and beyond, and you have legal and medical assistance […]
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A lien can be placed on your property without your immediate knowledge. Typically, when someone places a lien on your property, they are required to notify you. However, communication delays can prevent you from being informed right away, especially if your mailing address is outdated. Any liens against your property become public records when they […]
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Key Takeaways Property ownership after a co-owner’s death depends on the deed’s ownership structure. Joint tenancy with survivorship transfers the deceased owner’s share automatically to surviving owners. Tenancy in common allows a deceased owner’s share to pass to heirs through a will. Tenancy by the entirety transfers full property ownership to the surviving spouse. If […]
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If you live in California, you may be able to transfer your real property to your heirs upon your death without going through the probate process. By naming a specific beneficiary or beneficiaries on their deed, a California property owner can transfer ownership of their property to their heir using the revocable transfer on death […]
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A deed is a written document that transfers ownership of a property from one party (grantor) to another (grantee). It defines who owns the property and describes the property that is owned. The person whose name is on the deed holds title to the property. Title is a legal concept, not a legal document. It […]
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As people get older, they may consider adding their child to their bank account or the title to their property. Giving your child direct access to your bank account can simplify bill paying if your child handles those chores for you. It is also a common misconception that adding your child to your accounts or […]
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A quitclaim deed is a legal document used to transfer ownership of real property from one person to another. They are most commonly used to transfer the title to property between people who know each other well or to fix an error on the title. Unlike a warranty deed, a quitclaim deed does not have […]
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Welcome to 2025! A new year is a time for optimism and new opportunities. It’s time to start fresh! But making New Year’s resolutions is not enough; you’ll also need to take action to make sure you and your loved ones are prepared for anything the future might bring. Create a New Estate Plan in […]
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A probate judge is the person legally responsible for overseeing the probate court, determining the validity of a will (if there is one), and adjudicating the process of administering an estate. A probate court judge’s responsibilities include distributing a deceased person’s assets according to the instructions in their will or following intestate law, resolving disputes […]
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