Estate Planning Archives: Estate planning news, resources and more for consumers seeking information about estate planning, living trusts, wills, advance healthcare directives, financial powers of attorney, ways to avoid provide in California and other estate planning issues.

Common Words Used in Estate Planning and What They Mean

Estate Planning can seem complicated if you do not understand common words used in estate planning and the terminology found in estate planning documents.

By | October 17th, 2017|Estate Planning|0 Comments

Trust or Will – What Estate Planning Tool is Best for You?

Creating an estate plan with a trust or will will make sure your wishes are followed and your family is taken care of after your death. These estate planning tools can help protect your assets and limit your tax liabilities.

By | October 8th, 2017|Estate Planning, Probate|0 Comments

Common Probate Words and Terms

Understanding probate words and terms is not easy for non-legal professionals. Most forms are written in legalese in which some lawyers don’t even understand. This article will help you understand common probate words and terms. Keep it as a handy reference guide when you come across a probate word or term you have not seen before. [...]

By | July 22nd, 2017|Estate Planning, Probate|0 Comments

Is a Medi-Cal Asset Protection Trust Necessary?

On June 27, 2016, Governor Jerry Brown signed SB 833. The bill greatly reduces the scope of California’s Medi-Cal Estate Recovery against the estate of the deceased. Effective January 1, 2017, more Medi-Cal recipients can now leave an inheritance to their family without having to pay back the State upon their death. Basically, the new [...]

By | March 23rd, 2017|Estate Planning|0 Comments

What is a Medallion Guarantee?

A medallion guarantee, also referred to as a medallion signature guarantee, is used when buying or selling physical stock and bond certificates. A medallion guarantee is used to prove that the stock or bond owner has the right to sign over his/her rights to the assets being sold. A medallion guarantee may also be used [...]

By | January 15th, 2017|Estate Planning, Miscellaneous|0 Comments

Practical and Simple Estate Planning Tips

Contrary to popular belief, estate planning is not a complicated process. At A People’s Choice, we have successfully helped many California residents set up a trust, will, durable power of attorney, advanced healthcare directive, and other estate planning documentation. Proper estate planning can be helpful before and after one's death. For example, good estate planning [...]

By | January 2nd, 2017|Estate Planning|0 Comments

 Benefits of a Realty Trust in California

The transfer of the real property is often a key concern in estate planning. Sometimes, however, two or more people may want to hold title to real property in a trust that controls how the property is to be distributed at death. This often happens when children inherit property from parents and want the property [...]

By | January 2nd, 2017|Estate Planning, Real Property|0 Comments

Assets Commonly Left Out of Trust in Error

It is not uncommon for a person to forget to transfer assets into his/her trust. Contact A People’s Choice if you need help creating and funding a trust in California.  Yes, it is important to create a living trust so your estate will avoid probate. However it is equally important to make sure your trust [...]

By | January 2nd, 2017|Estate Planning|0 Comments

How to Put a Bank Account into a Trust

You have created your living trust and are getting your estate plans in order.  The next step is making sure your living trust is properly funded with all of your assets. When you put a bank account into a trust, doing so will avoid having to administer the bank account in a probate proceeding. It [...]

By | January 1st, 2017|Estate Planning|0 Comments

Common Estate Planning Mistakes

As registered legal document assistants, we can prepare a variety of estate planning forms. Our office has helped thousands of California residents successfully create and execute proper estate planning documents to fit their needs. If you need help creating a trust, your will and last testament, or other estate planning documents, contact us for help. [...]

By | December 10th, 2016|Estate Planning|0 Comments