As part of my procedure of reviewing or creating an estate plan, I have the clients pull up the beneficiary documents for various accounts (life insurance, bank, pensions, etc.), in part just to make sure they know who is designated the beneficiary is, and to have them changed if necessary. Recently, I had one client…
Category Archives: Probate
It Might Be Cheaper to Create an Estate Plan
My fellow SoCal attorneys over at the California Estate Planning Blog wrote about the increased filing costs in Los Angeles County. Their example considers a common situation: If you are married, own a home and have a minor child — the following could very well occur if no estate plan is in place: 1. Probate…