Showing posts with label estate planning. Show all posts
Showing posts with label estate planning. Show all posts

How to Probate an Estate in California Review

How to Probate an Estate in California
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How to Probate an Estate in California ReviewNolo Press, the publisher, has hits and misses. This book is a direct hit, surpassing any and all other books of its kind. It allows for an overview, but also provides substantial detail, providing copious forms and examples for illustration and assistance. The book is addressed to the market in California, and all the forms and Probate Code citations relate to California, but even residents of other States will find a wealth of information and suggestions to consider. The book may seem pricey compared to others of its kind, but the others are a waste of money set next this resource. If you're going to be involved in the administration of an estate, and intend to do your best, let this great guide help you do it.How to Probate an Estate in California OverviewHandle the California probate process, from deciphering a will to tackling taxesIf you need to wrap up the affairs of a deceased family member or friend in California, you may find yourself wading through the process of probate. But did you know? You can save big on attorney fees by handling the probate process yourself.How to Probate an Estate in California is the only book that provides all the forms, tips and step-by-step instructions you'll need to settle a loved one's estate -- all written in plain English. You may even be able to handle the whole process by mail without setting foot in the courthouse!With this easy-to-read guide, you'll how to:
read a will
determine who inherits property if there is no will
handle probate paperwork
collect life insurance and other benefits
transfer community property to a surviving spouse or domestic partner
pay bills and taxes
distribute property left through trusts Even if you hire a lawyer to do the probate paperwork, this book demystifies the the process so that you can make informed decisions and communicate intelligently with the attorney about the estate -- and save cash in the process. Why spend over $13,000 on a lawyer to probate a $500,000 estate, when you can do almost all of it on your own?The 21st edition contains important legal and tax updates, as well as newly updated probate forms.Nolo has dozens of products created just for California residents.

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Living Trusts for Everyone: Why a Will is Not the Way to Avoid Probate, Protect Heirs, and Settle Estates Review

Living Trusts for Everyone: Why a Will is Not the Way to Avoid Probate, Protect Heirs, and Settle Estates
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Living Trusts for Everyone: Why a Will is Not the Way to Avoid Probate, Protect Heirs, and Settle Estates Review"This is a book for the 95 percent of the population that has done no estate planning..."
The author is an attorney and has personally prepared over 4,000 trusts and estate plans. In the first chapter he reviews the differences between a will and a trust and states "The fact is that nearly everyone would be better off with a trust than with a will. In most cases the only person who benefits from our having a will instead of a trust is your lawyer. Attorney fees for making the will and probating the estate are a lawyer's bread and butter."
I highly recommend this book as it is specific yet easy to understand. A quick read will convince you of the importance of trusts or in the rare case of why you don't need one. The author has done an excellent job in giving detailed information without being dry or boring. Everything that he has written is important and no words are wasted. One very interesting facet of a trust is that the benefits are for the living and not just a method to disperse funds when someone passes away. As a reference tool the chapter headings allow you to review time after time as questions arise. My copy is now highlighted in yellow and green.
Very useful reading and a must for anyone who desires to manage their finances responsibly and profitably.
Carol Schultz-Weil
author In The Trenches - Financial Survival During Times of HardshipLiving Trusts for Everyone: Why a Will is Not the Way to Avoid Probate, Protect Heirs, and Settle Estates Overview

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