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Handing the end-of-life administrative processes can be, understandably, emotional and overwhelming. Aside from navigating the loss of a loved one, you also have to establish how the assets of the deceased should be allocated. If you are a California resident, you...
A beneficiary or any interested party can contest a will if they can prove the testator (the person who made the will) lacked testamentary capacity, was influenced to write the will in a certain way or failed to follow the necessary procedures. However, a testator can...
Contracts are pivotal to all business operations. Your business will be drafting and engaging in contracts every day. These legal documents protect your rights, and also the rights of the other party. Unfortunately, contracts aren’t always honored. Breaches can occur...
Being disinherited is one of the most devastating things someone can go through, especially if they find out after the loss of their loved one. But what can you do in such a situation? Here are four things to consider: Find out why Your loved one may disinherit you...
If you are an executor of a will, you voluntarily give up a considerable amount of your time to carry out the deceased’s wishes. While you can claim limited expenses, it is generally the sort of role you agree to out of the goodness of your heart rather than for any...
Every court permits the use of extrinsic evidence to determine whether a will is valid. Some concerns about a will's validity include proper Wills Act execution or whether the deceased had testamentary capacity. Under common law, the use of this kind of evidence has...
Trusts have become more popular estate planning documents in recent years. The availability of online information has helped alert people to the usefulness of trusts. There are even websites that offer boilerplate documents so people can create their own trusts...
A living trust is a separate legal entity often created as part of an estate plan. A trust is separate from the individual who creates it. It can own and control property. The person creating a trust funds it by transferring assets that they own to the trust. Setting...
Investors in California can earn handsome returns when they hold stocks in companies that become the target of proposed mergers or acquisitions, but they usually lose money when these deals fall through. Rite Aid stock soared when Walgreens announced a proposed merger...
In California, interested parties to a will can go to court to resolve disagreements over how the estate should distribute the deceased’s assets. The interested parties include a larger group than the named beneficiaries, and they can challenge the will’s validity,...