You feel like you are finally in a good place and routine with your child's schedule post-divorce. However, your ex has now come to you with some news: he or she got a new job and needs to move out-of-state. This is a stressful situation as you want your child to have stability and are worried about this big change. What do you do now? Move-away and relocation issues are complex and should really be handled by an experienced family law attorney in California.
Suppose you actually have an estate plan in place. This already puts you ahead of the game, as you are in the minority amongst most Americans. According to a recently released survey, 51 percent of Americans between the ages of 55 to 64 do not even have a will. However, even if you did get that will or trust in place ten, four or even two years ago, this does not mean estate planning is finished for you. It is very important to maintain and revise your estate plan after certain life events.
Being able to give back to your community may be one of your estate planning goals and it is a commendable one. If you are looking for a legal instrument to help with charitable giving even when you are gone, a trust could provide that avenue for you. In California, charitable trusts and other types of charitable entities are governed under CA Code Sections 12580-12599.8. There are two basic types of charitable trusts.
You may have heard this legal term before of an estate going through "probate." You may have even heard friends or family say this is something you want to avoid. But have you ever wondered exactly what probate means in California? Below is a quick summary of probate, the probate process and what assets can be excluded during the probate process.