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Setting Up a Trust for Minors: What to Consider?
Setting up a trust for minors is a thoughtful way to ensure that the children in your life are cared for financially, both now and in the future. Trusts can provide stability, support, education and manage inheritances until minors are responsible enough to handle their finances. Understanding the critical considerations of establishing a trust for […]
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What’s the Difference Between a Trustee and an Executor?
When it comes to estate planning, two terms that are commonly used are trustee and executor. While both positions are related to managing a person’s assets, they have different roles and responsibilities. It is important to understand the differences between a trustee and an executor to ensure that your estate plan is structured properly. Definition […]
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What’s the Difference Between an Heir and a Beneficiary?
Are you an heir or a beneficiary tasked with winding up the estate of a loved one? Are you confused about which role applies to your situation? If so, you’re not alone. Understanding your status and how it impacts executorship can be a challenging process. Fortunately, Desert Law Group in Palm Springs is here to […]
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What Happens When Someone Dies Without a Will?
Death is an inevitable part of life, but it is also one of the most unpredictable events. When someone dies without a will, it creates chaos, confusion, and emotional turmoil for everyone involved. The assets of the deceased person are left in a state of uncertainty, and the heirs may not know what to do […]
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How Does Divorce Affect My Estate Planning In California?
Going through a divorce can be an overwhelming experience, and it can have a significant impact on many aspects of your life. One aspect that often gets overlooked is estate planning. When it comes to divorce and estate planning in California, there are several things you need to consider to ensure that your wishes are […]
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Dangers of DIY Wills and Trusts
Writing a will or trust may seem like an easy task. You might watch DIY videos or read articles, which makes you think that drafting one of these essential legal documents is a straightforward process. However, writing and executing legal documents on your own can have significant consequences. Even though it may appear to be […]
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Top 5 Mistakes of Not Having an Estate Plan
Planning for the future can be a daunting task, but it is crucial to ensure that your wishes are fulfilled after you are no longer around. Estate planning is a process that involves making decisions about how your assets will be managed and distributed to your loved ones when you pass on. However, many people […]
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10 Tips for Talking About with Your Children
As a parent, talking to your children about estate planning can be an uncomfortable topic. You want to make sure that their financial future is secure in case something were to happen to you, but discussing death and incapacity isn’t always easy. At Desert Law Group in Indian Wells, we understand this and have some […]
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Is Your Revocable Trust Going to Protect You from Probate? Maybe…
As you begin thinking about how to prepare for your future, one of the things you’re likely to consider is how to ensure that your estate is handled according to your wishes after you’re gone. One legal tool many people believe can help with that is a revocable trust. The question, however, is whether a […]
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How a Will or Trust Determines Home Ownership After Death in California
When someone passes away, their assets, such as their home, become part of their estate. But who gets the ownership of the house? Who will make decisions regarding the property? If you are a resident of California, the answer depends on whether the deceased had a will or trust in place. In this blog post, […]
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