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Unless individuals have a will or a trust, when they die California courts handle their estate and determine asset distribution. It may also determine guardianship of minor children and make other important decisions.
The problem families often face when individuals die without a will or trust (intestate) is that courts do not make the same decisions that individuals would make if they took the time and care to draft a will. The best times to draft a will are after... Read More
An effective plan for one estate may not be an effective plan for another, which is why lawyers devise estate plans to meet the individual client’s needs. Effective estate plans provide asset protection and preserve a family’s wealth. Minimizing taxation, avoiding probate expenses, and carrying out the individual’s wishes are the basic elements of a well-prepared estate plan.
