Living trusts are created for many reasons, including (1) avoiding probate; (2) maintaining privacy; (3) planning “trust funds” for beneficiaries who need assistance managing their inheritance; and (4) incapacity planning.
An important part of your estate plan is providing for those who depend on you – especially your pets! A Pet Trust is the best way to provide for your beloved dog, cat, bird or other cherished pet, and to ensure their proper care if you pass away before them.
When I meet with clients one of the first questions they ask me is “What is a Living Trust?” A living trust is a legal document that allows you to designate who will inherit your house, your personal belongings, and your money when you pass away.
Protect your home! Protect your money! Provide for loved ones! Avoid Probate! A Living Trust is the best way to do all of this.
Now more than ever it is important to do Advance Care Planning. The need for care planning has taken on a greater significance and urgency during the COVID-19 pandemic. It is critical for everyone to understand the need for a care plan and to create the legal documents that will ensure you have the plan you want.
In light of the pandemic, it is more important than ever to put your legal affairs in order. While we recommend you contact a lawyer to prepare your estate planning documents, you may decide to prepare your own will, including going online and searching for “do-it-yourself wills”. This is fraught with peril.
2020 was a difficult year and the pandemic taught us how unprepared we were for the unexpected. Estate Planning is now more important than ever. Make it your New Year’s resolution to be prepared for the future, which includes setting up your estate plan or updating your existing estate plan.
Who will make legal, financial and medical decisions for you if you can't? Your spouse or partner? Maybe. But if you don't have one, then who? A judge? A court appointed stranger? An unwanted family member? The Law Offices of Eric A. Rudolph P.C. provides specialized knowledge and dedicated guidance for the LGBT community that simplifies creating an estate plan to protect you and your loved ones.
Even though same-sex marriage is legal in California, not every couple, whether same-sex or opposite-sex, will choose to get married.
California passed a new law, effective in January 2016, which allows the owner of real property to designate a beneficiary to receive their real property when the owner passes away. This new real property transfer device is called a transfer of death deed (“TODD”). A transfer of death deed can be a very good way for the owner of real property to transfer the property to another individual without the need of a last will or living trust. It is also an easy and inexpensive [...]