A Strong Advocate For The Vietnamese Community
Any property that belongs directly to one person becomes their estate after they die. The assets included in an estate must pass through probate court. Frequently, those assets are vulnerable during the probate process. Creditor claims, taxes and even Medicaid...
When you place assets into a trust, you rely on the trustee to act in the interest of the beneficiaries. When they violate their responsibilities and a breach occurs, you might be looking into what legal avenues you can pursue. Breach of trust under California law A...
Estate planning is essential for business owners who want to protect both their personal assets and their company. Without a clear plan, the future of a business can become uncertain, especially during unexpected life events. Planning ahead allows you to decide how...
Many adults think of estate plans as set-it-and-forget-it documents, but that's not the case. An estate plan reflects your wishes when it was made. Over time, those wishes may change. Because of this, it's critical to review your estate plan at least every five years....
For many Vietnamese families, their business is more than just a source of income. It represents years of hard work and sacrifice. You likely want your business to be a legacy that supports future generations. However, unless your estate plan includes a succession...
Kinship and harmony are values that Vietnamese families highly care about. With the legacy you worked hard to build in California, the last thing you want is for it to create division among your children. Estate planning is a proactive act of love that helps prevent...
If you have a minor child, you need to appoint a guardian for them when estate planning. This appointment gives the guardian the power to take care of your child when you are unable to do so due to incapacitation or death. There are two types of guardians you can name...
In California, conversations about digital wills have become more common as technology increasingly impacts how people manage their lives. Yet, simply because the use of a certain resource seems easy and reasonable doesn’t mean that it is the best option when...
A will includes a variety of terms established by a testator that guide what happens after they die. The person establishing an estate plan chooses their beneficiaries, selects a personal representative and provides clear instructions regarding the distribution of...
Estate planning is unique in that most people recognize it as necessary and still try to avoid it as much as possible. People understand that estate planning is beneficial for a broad range of reasons, but they may still find excuses to procrastinate. They may claim...