If you’re receiving an inheritance through a trust or a will, you might wonder whether hiring a lawyer is necessary. The short answer is: it depends on your situation. In addition to this blog, watch our video dicussing whether or not you may need to hire or at least consult a probate attorney. When You Don’t Need […]
Probate can be a complex and confusing area of law. Whether you’re a beneficiary, executor, or concerned family member, it’s important to come prepared when speaking to a San Diego probate lawyer. Asking the right questions can help you understand your rights, responsibilities, and the overall legal process. The questions you ask will depend on […]
What happens when the long-standing estate plan of a parent is changed shortly before their death to benefit someone new? Every year the inheritance plans of an alarming number of elders goes awry in the final months of their life without any notice or warning to the unsuspecting family members. It could be a neighbor, […]
If you settle or otherwise resolve a trust or will litigation case, the amount you receive may be drastically reduced by taxes. There are a number of taxes that apply to trust and will assets, such as: Federal estate tax Income tax Real property tax Business personal property tax A host of other taxes. All […]
Ask 2 Lawyers: Your Go-To Legal Podcast Have a legal question that’s been on your mind? Join us every Friday at 1pm pst/4pm est for Ask 2 Lawyers, our live podcast on YouTube, where two experienced attorneys tackle your toughest legal dilemmas in real time! Hosted by the team at Albertson & Davidson LLP, our […]
You are the lucky recipient of a generous inheritance, but that inheritance may come with a big catch. While many inheritances are given to the beneficiaries outright, meaning the money or other assets pass into the beneficiaries’ names to own and control, some trusts require inheritances to remain inside a trust for the lifetime of […]
Did you know that being disinherited may not be the only way you could lose your inheritance? Sure, you could just be excluded from the trust or the will and thereby be disinherited: that’s the first and most obvious way you could lose your inheritance. But there are more subtle ways in which you may […]
It’s not unusual for a family that has recently come together in grief over the death of a loved one to be divided by disagreements over the distribution of assets from the deceased individual’s estate. Inheritance disputes between siblings or other family members can arise if the deceased’s will does not distribute assets equally or […]
Last updated on 09/04/2024 A house is most people’s most valuable investment and the primary means of passing wealth from one generation to the next. When the sole owner of a house dies, they have often been widowed for some time and may have failed their will or trust to ensure they can pass their […]
It is important not to overlook digital assets as you establish a will or trust to distribute your estate upon death. Digital assets have value you may want to pass on to beneficiaries. However, online assets are protected by passwords and may not be available to anyone, including designated heirs, if you fail to take […]
