Helpful Trust & Probate Blog Articles
Max Alavi, Attorney at Law, APC: Contested Trust Litigation “Win”
Newport Beach, California, October 2018 – Max Alavi, Attorney at Law, APC, would like to announce the successful conclusion of another litigated trust matter.
What Happens When the Trust and Transfer on Death Instructions on Accounts are Different?
In an ideal estate planning scenario, a living trust is fully funded with assets, allowing the entire estate to pass to beneficiaries without dispute or need for probate court. Sadly, this is not always how things work out. Sometimes there may be a discrepancy between the living trust provisions and the Transfer on Death indication of an old investment or banking account.
Estate Planning Glossary
As a law firm specializing in living trusts, estate planning, and probate solutions, we understand that legal terminology can be overwhelming and confusing. Therefore, we have compiled a glossary of legal terms to help our clients and users better understand the legal concepts central to our practice.
Three Reasons to Avoid Probate Court
A common misconception about estate planning is that, if you die but you have a will in place, your assets will automatically be transferred to the appointed heirs and beneficiaries. This isn’t necessarily the case.
What Happens When a Bank Refuses to Accept Your Power of Attorney?
A financial power of attorney authorizes a loved one to manage your finances and to conduct business transactions on your behalf, should you become unable to handle those matters yourself. But what happens when a third party, such as a bank or credit union, refuses to acknowledge a properly executed power of attorney document?
What are the Trustee’s Duties to Provide Notice to the Beneficiaries After the Creator of the Trust Has Passed Away?
When you serve as a trustee, one of your core responsibilities is notifying each heir and beneficiary as to the death of the trust’s creator. Additionally, you must notify each heir and beneficiary when the trust becomes irrevocable (which can happen if the trust’s creator becomes incapacitated).