The term probate is one that comes up often in the course of estate planning. Probate refers to the court proceedings and process in which a person’s estate is settled. In many cases, when a person dies, their estate must pass through probate in order for their assets...
estate planning
What You Should Know About Family Trusts
Trusts can be a useful tool for comprehensive estate planning. Typically, if you opt to use just a will for your estate planning, the will must pass through probate before distributions can be made to beneficiaries. Probate involves court proceedings and can be...
Why You Need an Estate Planning Attorney
Hiring an estate planning attorney is an excellent way to get the peace of mind of knowing that your future finances are taken care of. It can be stressful going through life, not having a plan for the future. An estate planning attorney is there to help you prepare...
Estate Planning Statistics
Estate planning is used as a way to ensure that your assets are distributed according to your wishes when you pass away. It is also a useful tool for planning ahead to manage your assets and healthcare wishes during your lifetime. An estate planning attorney can help...
Steps to Building Your Estate Plan
As you get ready to prepare your estate plans, you must first have an idea of what you need to accomplish. Before getting started, you should take the time to identify your estate planning goals. With these goals in mind, you can move forward with each step of your...
The Trust Administration Process
Trusts are a common tool used in estate planning to help avoid probate, among other benefits. If you are considering including a trust in your estate plans, or if you are the beneficiary of a trust, you may be wondering about the trust administration process. One...
Steps to Writing a Will
Having a will is an important part of any estate plan. For some people, creating a will may be the only estate planning they need to do. For others, it is the cornerstone of their estate plans, which may also include trusts, among other things. Since it is such an...
What You Need to Know and Have Before Setting Up a Trust
Including a trust in your estate plans may be beneficial for many people, even those who do not have substantial assets. There are many benefits to creating a trust, so incorporating a trust into your estate plans may be the right move for you. However, before you get...
Medical Trust Planning
As you get started with estate planning, you should take the time to learn more about the different forms of estate plans so that you can get a better idea of how to structure your estate plans to best suit your needs. One thing to consider while estate planning is...
Things You Should Know When Making a Will
There are certain things that you should know ahead of time before you sit down and prepare your will. With some preparation beforehand, you can save yourself some time and make the process go a bit smoother.The California estate planning attorneys at Galanti and...
