Not only is estate planning a process that Woodland Hills residents should begin early on in their adult lives, but also one in which they may want to involve their families and other interested parties in. The reason for this is that as one’s circumstances...
Probate And Estate Administration
What are the duties of a probate referee?
The assets and property that comprise your loved one's estate could have varying levels of worth to you and other interested parties. Thus, obtaining a reliable valuation of an estate in Woodland Hills may be difficult if that task were to be left to you and other...
What are powers of appointment?
Once you begin to get deeply involved in the estate planning process in Woodland Hills, you may begin to hear the term "power of appointment" frequently used. What does this mean? Essentially, the power of appointment is the granting of authority to another to...
Tax dispute over Tom Clancy’s estate settled by court
For those in Woodland Hills who have considerable assets to pass on to beneficiaries, one concern that they may want to address is estate taxes. In many cases, tax considerations are often overlooked in estate planning because one’s estate must reach several...
How much does probate cost?
If you have begun to look into estate planning in Woodland Hills, then you have likely heard the recommendation that you do what you can to avoid having your estate go into probate. The primary reason why so many may tell you to avoid probate is the financial cost...
Exotic car collection being returned to Paul Walker’s estate
Many in Woodland Hills may assume that the estate administration process is a brief, fleeting matter that those to whom it may concern will only have to deal with for a short time. While that may be the case in certain situations, other cases may continue on for years...
Understanding the Probate Homestead Exemption
Most in Woodland Hills would likely list their homes as being among their most valuable possessions. That's likely due to the fact that one's home is much more than just a simple investment building equity. Rather, it offers peace-of-mind in knowing that one always...
Revoking the probate of a will
Many estate planning strategies are geared towards helping Woodland Hills residents avoid having their estates go to probate. Most typically try to avoid probate due to the time that it takes to complete the process and the expense that comes with it. Still, thousands...
Firm sues Michael Jackson’s estate for unpaid legal aid
One the main concerns that those who are asked to serve as executors to estates in Woodland Hills may have is dealing with the debts that a decedent leaves behind. The roles of the executor include identifying any outstanding liabilities and ensure that they are paid...
Three things you need to know about probate in United Kingdom
When a loved one passes away, you may be tasked with the responsibility of executing their estate. In some circumstances, this may mean that you will need to go through probate to ensure that the assets are distributed according to your loved one's final wishes.There...