A new year is a great time to start fresh and implement positive changes that will enhance our lives. Many of us want to lose weight, spend more time with friends and family, eat healthier, learn a new skill, or save money. Although we can implement these goals anytime, the beginning of the new year […]
If you’ve ever spent time working through your estate plan, you know how important it is to select and update your beneficiaries.
That last will and testament you have tucked away? It may not be the last word on what happens to your stuff after you are gone. Instead, that legal document’s directives for doling out your wealth may be overruled by other paperwork and relevant laws.
By definition, a Will accounts for a person’s wishes of how their assets and estate should be distributed and handled once they die. It spells out who should get what and who should do what, after the benefactor’s demise.
Beneficiary designations, tying up loose ends, reporting last wishes—here’s what you can do now.
Probate is the court process to distribute someone’s estate after their death, even if there is a will and is notoriously slow in California.