Estate planning can seem a little overwhelming to someone who is new to the concept. Knowing that the components that make up your estate plan will likely represent the most important set of legal documents you execute over the course of your life can be intimidating. Along with the need to make potentially life-altering decisions, you will also need to work with estate planning tools and strategies that are unfamiliar to you. Among the most basic of those tools is a Last Will and Testament and … [Read more...] about 5 Things You Need to Know about Wills and Trusts
Although a Last Will and Testament remains the most commonly used of all estate planning tools, a living trust is not far behind. If you are planning to incorporate a living trust into your estate plan, are you already have one, you should know some of the most important features and benefits of a living trust. You also need to know when the trust terminates. Toward that end, the living trust lawyers at Collins Law Firm explain how and when a living trust terminates in California. What Is a … [Read more...] about When Does My Trust End?
Your estate may be worth a little or a lot at your death. The items which your beneficiaries might cherish could be the sentimental ones. Read on to learn how your will or trust could provide the ability for you to keep a list and update it without needing to see your lawyer every time you change your mind on an item. The Little Things May be the Most Important … [Read more...] about The Little Things May be the Most Important