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Who is a Personal Representative, and What are their Main Duties? While many different types of assets may be used …
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All assets left to a spouse (as long as the spouse is a U.S. citizen) or tax-exempt charity are exempt …
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Advance Health Care Directive: An Advance Health Care Directive grants permission to another person designated by you to make health …
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What is the Purpose of a Marital Trust?. Even if Probate seems unnecessary; the Will must be filed. In California, …
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Because state laws govern most aspects of trust creation and trust administration, we must look to California law to determine …
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A will has to be proven valid for a reason. Like any job, there are systems in place to hold …
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For example, the probate court would supervise the sale of your home and the distribution of the proceeds per the …
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Then the personal representative will have to put the whole thing together in an extensive log of accounting. When the …
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Irrevocable trust: An irrevocable trust typically transfers your assets out of your (the grantor’s) estate and potentially out of the …
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In most cases, a personal representative would not be held personally liable for estate taxes. Still, if the estate has …