Comparing the Pros and Cons of Probate and Trusts for Your Estate Planning Needs Estate planning is an important part of ensuring that your assets are managed and distributed according to your wishes after you pass away. The main way that Laguna Legal helps our clients to prepare their estate is through the setting up […]
Ensuring Your Financial and Personal Affairs Stay in Good Hands: Understanding the Importance of a Power of Attorney As we age, it’s important to begin planning for the future and even the unexpected. One step in this sort of planning that can be absolutely crucial is understanding what a power of attorney is and why […]
Learn about what impacts the probate timeline and how long probate might take Probate is the legal process of settling a deceased person’s estate. In California, probate is handled by the Superior Court in the county where the decedent lived. It involves identifying and valuing the assets of the estate, paying any outstanding debts or […]
Learn about Small Estate Affidavits in California When someone passes away in California, the process of transferring ownership of his or her property can be complicated. Going through probate is a long and expensive process. Luckily, California Probate Code 13050 formed a procedure to allow beneficiaries to inherit without going through formal probate proceedings: small […]
Steps to take when settling an estate after death Losing a loved one is one of the most difficult experiences we can go through in life. It’s a time filled with sadness, confusion, and grief. And while dealing with the emotional fallout of a loved one’s passing can be challenging enough, there’s also the matter […]
For many parents, the thought of estate planning is intimidating. However, taking the time to create an estate plan is a critical step in securing the financial future of your family, especially if you have young children. This blog post will explore what estate planning is and why it’s so important for families with young […]
Secure Your Legacy: 5 Reasons Why Creating a Will or Living Trust is Essential Wondering “why do you need a trust?” or “why do you need a will?” Having a will is important so that the judge knows your wishes after you pass. Having a living trust is important for all the reasons outlined below. […]
Learn about some common mistakes to avoid in probate in California Probate is a legal process that is used to distribute the assets of a deceased person to their heirs or beneficiaries. It is a complex process that requires careful attention to detail and a good understanding of the law. Probate can be a lengthy […]
Decoding the Mystery of Probate: A Beginner’s Guide What is probate? How does probate work? Many people are either confused about or don’t know the meaning of probate. In this article, we’ll discuss all things probate to better help you understand the probate process. Definition of probate The definition of probate is “the official proving […]
The ins and outs of California living trusts A living trust is an important estate planning tool for California residents. It allows you to manage your assets and property during your lifetime, as well as providing a way to pass on those assets after death with minimal probate costs. In essence, it serves the same […]
