When people in Los Angeles are murdered or die unexpectedly and their spouses, family members or loved ones are suspects, a common motive that law enforcement officials may look into is if one "did it for the money." The idea of killing someone to inherit their assets is certainly not new, although most would immediate assume that one who actually committed a crime for this reason would immediately be disinherited. Yet is that true?
When a loved one passes away, you may feel thrust into a world of the unknown. Someone who may have acted as a pillar in your life is now gone, and if he or she trusted you to act as executor of the estate, you could now face many tasks that you may not feel 100 percent comfortable handling. However, because you have a sense of duty, you want to do your best to ensure that the probate process goes smoothly.
Many people in California may have been told by someone that they should always have a trust instead of a will as their primary estate planning document. The people that may have told them this no doubt are well-meaning and have their best interests at heart but they may not necessarily be right. While trusts can and do have many unique qualities that can be benefits for some people, there are definitely situations in which a will may be the better bet.
California residents who need to provide care and assistance for their aging relatives unfortunately also have to be concerned about the potential for abuse or neglect. This sadly happens at the hands of those tasked with caring for elderly people all too often. It is important for people to be aware of the many forms that elder abuse can take. While it can certainly be physical or sexual in nature, it can also take place without any physical harm or contact in the form of financial abuse.
It's a sad fact that as people age, they tend to become more vulnerable to those who don't have their best interests in mind. That vulnerability increases if any mental incapacity exists due to health conditions, such as dementia or Alzheimer's.
Any sort of discussion revolving around one's will can quickly become challenging. For those with family members without wills, that discussion can be all the more difficult. Californians who have found themselves in the middle of these plans may have endless questions. The below information highlights the importance of having a will in the first place, as well as the pros and cons of probate altogether.
If you are like many parents, you are particular about the people you choose to care for your children. It may have been months before you left your newborn for a night out with your spouse. You reluctantly allowed your own parents to babysit and spent months, maybe years, investigating daycare providers.
If you have been named the executor of a recently deceased loved one’s estate, you might have several questions regarding the probate process in California and what it entails. Although probate may have a stigma of being overwhelming, the process may vary in degrees of difficulty depending on the circumstances surrounding the case. Once you received the deceased’s will and trust documents, you may be required to enter into court before you are able to distribute the heir’s property to the people he or she intended to have it.
The Trump Administration has made many changes since taking over the Oval Office. One of those major changes has been the introduction of the Tax Cuts and Jobs Act. According to CNBC, this tax reform may affect your estate plans and you should adjust them accordingly to avoid any issues.