A Will takes effect after you pass away. Generally speaking, if your estate is valued at over $150,000 or you own real estate in California and you have only a Will, your estate will to go through Probate. A Living Trust is the type of Trust that most people have. A Living Trust is created during the lifetime of the Trust-maker and if the Living Trust is properly funded will avoid Probate upon the death of the Trust-maker.
Who may act as my agent under a Durable Power of Attorney?
In general, an agent may be anyone who is legally competent and over the age of majority. Most individuals select a close family member such as
What is so bad about Probate?
There are number of challenges with Probate. First of all, it’s costly. For example, Probate fees to simply change title to real property from your name
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