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Palm Springs Law Blog
Wednesday, November 20, 2019
When parents pass away without an estate plan, their assets will be distributed in a particular order, going to their spouse and then equally among their children. But what happens when one of their children is adopted? When a child is adopted, are they entitled to inherit from their adoptive parents, birth parents, or both? Despite otherwise wishful thinking, adopted children do not benefit from two sets of parents. Confused about who you are to inherit from? Here is what you need to know about the right to inheritance with adoption in California. Read more . . .
Wednesday, November 13, 2019
Some of the most important documents to execute during your lifetime are those that help create an all-inclusive estate plan. Having a comprehensive estate plan helps to ensure that your wishes are carried out when you are incapacitated or deceased.
While estate plans include a large number of physical assets, it should include more than just that. Read more . . .
Wednesday, October 16, 2019
Losing a loved one can prove devastating. When you are dealing with such strong emotions and putting one foot in front of the other, you probably don’t want to have to deal with figuring out their estate – let alone if it goes to probate. Probate is a legal process in which a court-appointed executor helps to settle an individual’s estate and ensure its validity. Unfortunately, though, probate can be quite expensive and lengthy – it can even last for years. Is There a Way to Avoid Probate?You may possibly be able to avoid the probate process if the executor of the estate can prove that all of the person’s debts have been paid by their estate and no significant debts remain. Read more . . .
Monday, October 7, 2019
Estate plans help us to take care of others and ourselves when we are not in a place to be able to do so ourselves. Whether due to incapacitation or death, we always want to be sure that our loved ones and ourselves will best be protected. This holds an even more important meaning for families who have a child or loved one with a disability. Once they reach the age of 18, the government treats all individuals with disabilities as adults. However, anyone who becomes disabled prior to the age of 22 may receive Social Security Income (SSI) benefits as long as the sum of their cash assets remains under $2,000 and their income stays lower than the amount of money they would receive in SSI benefits. Read more . . .
Thursday, September 12, 2019
Studies have shown that companion animals help us to reduce stress and blood pressure, and allow us to live longer. They are the ones waiting by the door every time you return, only to greet you with unconditional affection. That is why although they are our companion animals, many of us consider them to be a member of the family. Unfortunately, the law does not yet share this sentiment. Under the law, companion animals are still considered to be a type of tangible personal property – no different than our car or our couch. Read more . . .
Monday, September 9, 2019
From bank accounts to taxes, to purchasing a home, as couples embark on the journey of marriage, there are many aspects of each individual’s life that become joined. However, one aspect that most newlyweds don’t think about is the creation of an estate plan. Regardless of each individual’s age, sex, sexual orientation, gender-identity or socioeconomic status, it is never too early to establish an estate plan. Read more . . .
Monday, August 19, 2019
Lawsuits are a real part of all businesses. No matter which industry you’re in, you may always be exposed. But although everyone runs the risk of facing a lawsuit, there are certain professionals who are at a much higher risk. These individuals include physicians, business owners, financial advisors, and lawyers. The nature of their work is inherently more open to liability. Read more . . .
Monday, August 12, 2019
You can create an estate plan for you and your significant other – regardless of whether or not you are legally married. This applies not only to heterosexual couples but for gay couples as well. The good news is that estate planning for same-sex couples doesn’t have to be overwhelming or difficult to understand. Since the law continues to evolve, it is important to consult with a Read more . . .
Wednesday, July 24, 2019
Apart from the emotional turmoil that typically surrounds a divorce, particularly if there are children involved, serious financial concerns will affect both parties. If you are wondering, or worrying, about how your lifestyle will be affected by the change in your marital status, you need a well-informed, highly skilled family law attorney to guide you through. While it is nice to think that you and your soon-to-be ex-spouse/partner will be able to agree on a fair distribution of assets and a reasonable division of debts, in most cases divorces become tug of wars. Read more . . .
Monday, July 8, 2019
Today, many individuals seeking estate planning services look to the internet, where they often find form documents such as wills readily available. Nonetheless, using a blanket form and not seeking legal advice can be a costly mistake: a will that is poorly conceived or that does not adhere to California law may be invalidated by the probate court. The best way to properly prepare a will, protect your assets, and provide for your loved ones is to consult an experienced estate planning attorney. Read more . . .
Friday, April 12, 2019
I’m occasionally asked to file a petition for legal name change for a client, and I’m always interested in why people want to take on a new moniker. Both famous people and ordinary folks change their names, and they usually have some very good reasons to do it. Let’s take a look at some of them.Read more . . .
Riverside CA Estate Planning Bankruptcy
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