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The small estate procedure in California
Probate, the legal process of distributing an individual’s assets to their heirs upon death is costly, time consuming and comprised of complex, administrative hurdles most people would like to avoid. Indeed, people regularly use any number of legal vehicles to simplify their estate and transfer property upon death to designated beneficiaries. Small
Single parents should have an estate plan
Everyone should protect their family by having a plan addressing their death or an emergency. Single parents may need to engage in estate planning more than anyone else. Guardians Single parents should consider what happens if they die or become incapacitated and who will care for their minor children. The child’s other parent will
Can the IRS enforce my child support order?
When parents divorce, it can quickly become a war. The two biggest battlefronts are child support and child custody, and both parents likely know that California has an entire state apparatus set up to collect, process and pay child support. However, what many custodial and noncustodial parents do not know is
The pros and cons of revocable trusts
There are a variety of estate planning tools one might choose for the purpose of transferring assets upon death. There’s no one prime way to move generational wealth. Each tool has its advantages and disadvantages. Many Californians are opting for revocable trusts A revocable trust is an estate planning tool designed to sidestep
Do high-asset divorces face special issues?
In the big picture, California divorces work the same no matter how much a couple has in the bank. They still have to divide their community property, decide child custody and parenting time issues and, if necessary, award spousal support and child support. Even though the laws are the same, a
What does joint custody look like in California?
If you are separating from your child’s other parent, you may find yourself arguing over who your child should live with and who should make decisions for them. If you are unable to decide on an arrangement, you will both present your cases in front of a family court judge
Am I entitled to spousal support?
If one spouse serves as the primary breadwinner of the family, the other spouse may focus more on taking care of the home and raising the children. Because of these responsibilities, the other spouse may choose to work part-time, take on a less demanding job, or not work outside of
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