Special Needs Trustees – Parent and Legal Guardians
Most states do not prohibit a parent or legal guardian from serving as special needs trustees of a special needs trust for their child. However, some states require that such a trustee be bonded, meaning that the trustee must have an insurance policy that refunds...Estate Executors and Trustees: Tips & Rules to Avoid Common Problems
If you have been named the executor of someone’s estate or the Trustee of a Trust, you may be unaware of all the responsibilities estate executors and trustees have. Many parents name a child as their executor or trustee, but seldom do children then do the necessary...What is Probate? And Should I Avoid It?
What is the Probate Process? Generally speaking, the probate process is used by state probate courts to transfer property to your heirs. It is really just a judge giving legal permission for assets to be passed on, whether or not you have a will. In California,...Pet Trust – Don’t forget your pets when preparing your estate plan
I recently saw the video linked below about a poodle named Woody who was left to fend for himself after his owner passed away, and thought I’d quickly touch on the importance of a Pet Trust as part of your will or trust plan. Many of our clients are unaware of...Include Disabled Children in Your Estate Plan with a Special Needs Trusts
Use a Special Needs Trust to Prevent Disinheriting Disabled Children All too often, parents exclude their special needs children from their estate plan because they believe that if the child inherits property, they will be ineligible for government benefits....LIVE WEBINAR: Getting Started with Estate Planning
If you’ve been thinking of getting your Estate Plan set up, but aren’t sure how, get your questions answered at our next live seminar!
Presented by attorney Pablo Tagre.
