Assuming the responsibility of acting as the trustee for a trust set up by a family member or friend in Woodland Hills is a huge undertaking, and certainly one that should not be taken without a good deal of thought and careful contemplation. Yet even after having...
Law Offices of Alhayat Solicitors
Intestate succession when there is no surviving spouse or issue
For many in the San Fernando Valley, the issue of estate planning may engender absolutely no sense of urgency, as most believe that they will have ample time to address it later on in life. Others may believe that they simply do not need a will. These attitudes no...
Detailing your protections from liability as a trustee
If you have been asked to serve as a trustee of a trust account by a family member or friend in the San Fernando Valley, your first concern may be what sort of consequences you could face should you commit an error during the execution of your duties. Many of those...
Former DA’s family fighting over validity of his will
Woodland Hills residents are advised to see to their estate planning early on their lives so that their true intentions regarding the disposition of their assets are known should they die unexpectedly. They may also be counseled to keep the process as transparent as...
What are Letters of Administration?
Being asked to serve as the personal representative for the estate of a loved one in Woodland Hills is a tremendous responsibility, which can even carry financial penalties if you are unable to fulfill the duties entrusted to you. In order to meet the obligations that...
A general overview of the probate process
Many in the San Fernando Valley may talk about the probate process as if it were some form of punishment that should be avoided at all costs. While there are certain advantages to not having an estate go to probate, the truth is that thousands of cases appear in...
Identifying reimbursable expenses for a personal representative
Assuming the role of personal representative for the estate of a family member or friend in Woodland Hills means making a huge commitment of both your time and effort. If you are not familiar with estate or probate law, you may have to put in additional hours of...
Detailing a trustee’s duty of accounting to beneficiaries
One of the main advantages that many often cite when extolling the benefits of trusts is the privacy that they afford. Woodland Hills residents can place estate property and assets in trusts without having them become a matter of public record. According to the...
Detailing the duty to submit an estate inventory and appraisal
Those who come to us here at The after having been named as the personal representative for the estate of a deceased acquaintance in Woodland Hills consider such an appointment to be quite an honor. However, if you have been asked to fill...
Dispute arises between siblings over amendment to father’s estate
When preparing estate planning documents, it may be vital that Woodland Hills residents keep all of those that may be interested parties to their estates involved in the process. That may help to eliminate the chance for disputes between heirs and beneficiaries once...