Many people assume that a last will is the only logical way to facilitate asset transfers if you are not very wealthy. They are aware of the existence of trusts, but they are under the impression that trusts are only used by millionaires who have very complicated estates. The lawyers at our estate planning law firm hear this all the time. We find that their clients are quite surprised when all of the facts are explained to them. When you create a Will, you name an executor to administer the … [Read more...] about Riverside Probate Lawyers Explain Options
Probate Law, Powers of Attorney, and Incapacity Planning
As a probate law firm, we have a thorough understanding of matters that are handled by the probate court. This court serves a very valuable purpose, but strangely enough, it can be a good idea to avoid it in some cases, and this can be done through the proper planning. One role of the probate court would be to appoint a conservator if it ever becomes necessary. This is an individual that would be empowered to make decisions on behalf of an incapacitated adult. The clients we serve reside mainly … [Read more...] about Probate Law, Powers of Attorney, and Incapacity Planning
Riverside Estate Planning Attorney Confirms TD Bank Study About Estate Planning
A study conducted by TD Bank found that estate tax was not the biggest concern among America's estate planners -- family drama was. The study showed 44% of estate planning professionals cited family fights as the biggest threat to estate planning in 2018. Only 25% of estate planning professional cited tax reform as a problem and 12% expressed a concern about the economy and market volatility. Riverside estate planning attorney Dennis M. Sandoval weighs in with this personal experience . . . In … [Read more...] about Riverside Estate Planning Attorney Confirms TD Bank Study About Estate Planning
Riverside Probate Attorneys Understand the Process
Riverside probate attorneys provide multifaceted assistance to people that are crafting their legacies. Ironically, the role of a probate lawyer can often involve the avoidance of the probate process altogether. A Common Misconception Many individuals think that estate planning boils down to the execution of a Last Will and Testament. They may understand the fact that trusts exist, but they are under the assumption that trusts are for very rich people, and wills are for everyone else. In fact, … [Read more...] about Riverside Probate Attorneys Understand the Process
Riverside Estate Planning and Elder Law Attorney Conducts Free Educational Webinars
Educational Webinars Riverside Estate Planning and Elder Law Attorney Dennis M. Sandoval conducts free educational webinars on a monthly basis for consumers, attorneys and other professionals (financial professional, private fiduciaries, social workers and other financial professionals) on a monthly basis. The goal of the seminars is to educate the public about important estate planning, elder law, disability planning, financial planning, retirement planning and tax subjects. Consumer Webinars … [Read more...] about Riverside Estate Planning and Elder Law Attorney Conducts Free Educational Webinars
Probate Avoidance Provides Multiple Benefits
The Riverside probate attorneys at our firm frequently run into the same set of misconceptions when we interview new clients. One of them is the idea that a last will is the most logical choice for persons without substantial wealth. It can seem like a last will is a very simple, straightforward document that facilitates quick and easy transfers to the heirs that are named in the document. However, there are some limitations and complications lurking right beneath the surface. The … [Read more...] about Probate Avoidance Provides Multiple Benefits
Naming Child as Executor is Viewed as Honor
The article Executor of Will a Dubious Honour contains many truisms I discuss with my estate planning clients on a daily basis. Every estate planning consultation in our Riverside estate planning law office involves a discussion regarding who will be in charge of carrying out the client's wishes upon disability and after death. An executor is the person who carries out the terms of the decedent's Will in the Riverside County Probate Court or the San Bernardino County Probate Court. Many … [Read more...] about Naming Child as Executor is Viewed as Honor
