Estate Planning News In Torrance, CA

When you pass away, your estate has to be administered, i.e., debts paid off, final taxes paid, final matters closed up, and assets distributed to heirs. Whether you have a will, a trust, or nothing at all determines how your estate will be administered after you pass away. Revocable Living Trust Definition There are many
Whether you have a will, a trust, or nothing at all, the setup, or lack thereof, determines how your estate will be administered after you pass away. After you pass away, your life has to be closed up, so to speak, almost like closing a business. Debts will be paid or negotiated. Assets will be
The thought of hiring a lawyer can be daunting to some individuals. But when it comes to estate planning, your lawyer is not your adversary, your lawyer is your advisor and guide. Each lawyer has their own process when it comes to creating your estate plan, but it generally follows a similar outline. Initial Consultation

What is a Special Needs Trust?

A special needs trust (“SNT”) is a type of trust used to provide benefits to persons or beneficiaries with special needs. A major purpose of setting up a special needs trust is to provide benefits to an individual with special needs in order to supplement any benefits they may be receiving from MediCal, Supplemental Security

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