A: If you own a home in California and/or have minor children, creating a Trust is a wise investment. Homes in California are often over the $184,500 threshold amount that is subject to probate. Additionally, providing nominations of guardians of minor children allows for your children to be under the care of a designated guardian of your choosing instead of a court-appointed guardian in event you or your spouse are unavailable.
Q: If I don’t have “significant” assets, why would I need a Trust?
- Q: Does a revocable transfer on death deed (“TOD Deed”) only need to be notarized to be valid in California?
- My spouse and I have been married for many years, and I am out of gift ideas for Valentine’s Day. Any suggestions?
- Q: Can a will literally written on a napkin actually be valid?
- Q: How does a pet trust work and is it a good idea for those with only “fur babies”?
- Q: Why Should I Work with a Competent Estate Planning Attorney Instead of Using DIY Options Like LegalZoom?