Archive for September, 2010

Will or Trust? The Wrong Choice Could Cost Thousands

Monday, September 27th, 2010

When planning your estate,what costs more, a will or a trust? Since an attorney can prepare an average will for $400 to $500 and set up an average trust for about $2,000 to $2,500, your decision is made, right?But wait, there is more to it! You don't have to be ...

A Last Will in Testament and Its Meaning

Sunday, September 26th, 2010

A last will in testament is a legally binding paper(s) by which people make clear the terms of what will happen to property and assets upon the departure of its possessor. While a will has been utilized to represent the property portion, the word testament refers only to personal property, ...

Probate in California

Saturday, September 25th, 2010

1. The Probate Process. Probate is the process by which the Probate Court handles a deceased person's estate if there is no _trust_; it applies if there is a will only, or if there is no will. (One of the primary reasons for having a trust is to distribute the estate without having to ...