Even when a person dies with a will or a trust, there can be disputes that result in a will contest or trust litigation. An individual may feel he or she should have been a beneficiary under a will or a trust. Sometimes a will has been changed and beneficiaries…
Articles Posted in LIVING TRUSTS
Trust Administration in San Diego
Once you create a revocable living trust your job as the creator (often called the Trustor or Settlor of the trust) is to properly fund the trust initially and thereafter see that all the assets that should be placed in your trust are properly titled. Once you pass away, the…
How Will the Presidential Election Affect the Federal Estate Tax Exemption for Citizens of San Diego?
In San Diego the cost of housing is one of the highest in the nation. For many of us, our home is the primary asset in our estate. One of the issues in the upcoming presidential campaign is the repeal or modification of the federal estate tax exemption. The outcome…
North San Diego County – Have you designated a guardian for your minor children?
Unfortunately, it occasionally happens that both parents of a minor child die in a common event or accident. If both parents die without an estate plan, a probate judge will have to appoint a guardian. A guardian is responsible for taking care of their “ward” until the child turns 18.…
Who Gets Grandma’s Ring in Rancho Sante Fe?
Estates are comprised of many different assets including homes, bank accounts [Bank of America, Union Bank and others], life insurance [Farmers, State Farm and others], and personal property such as jewelry, artwork, cars, and boats. Sometimes what causes the most squabbles among family members after a death is not the…
San Diego: Pet Protection: Will or Trust?
San Diegans, have you provided for your pet in your will or trust? Our firm can assist and please feel free to e mail us. Please review our article regarding pets on our website. You may remember last year when hotel and real estate magnate Leona Hemsley died, leaving 12…
San Diego Trusts and Estates Section: State Bar of California
In San Diego, all of the attorneys are licensed by the State Bar of California. This is the professional organization which oversees attorneys. The State Bar of California, along with the Continuing Education of the Bar, offers many services for attorneys. There are also, however, services for the public which…
San Diego: FDIC Insurance For Revocable Trusts
In San Diego, we have many FDIC insured banks. These include Washington Mutual, Union Bank, Bank of America and others. Our law firm of Law Office of Scott C. Soady, A Professional Corporation, LLP does not endorse or recommend any bank or other financial institution. We would be pleased to…